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Below is the latest sentiment as compiled by etoro, the world's largest (social) trading network. It provides a view of what individual investors think about the specific instruments and gives a view of the current sentiment.
Latest News Headlines
Bloomberg: Asia Stocks Rise as Trade Talks, Stimulus Mulled: Markets Wrap
Most Asian stocks posted modest gains Tuesday as investors digested signs of progress on trade negotiations and speculation of government stimulus to shore up economic growth. Treasuries rose and the dollar traded near the year’s high. [more...]
Bloomberg: Epstein Created Trust With $578 Million Days Before Suicide
Jeffrey Epstein wrote a will just two days before his suicide, saying he had about $578 million in assets that he placed in a trust, which could complicate efforts by women who say he sexually abused them to collect damages. [more...]
Bloomberg: Stocks Rally on Trade as Dollar Rises to 2019 High: Markets Wrap
Stocks climbed after the Trump administration signaled progress on trade negotiations and speculation grew that major central banks will shore up their economies. The dollar rose to this year’s high. [more...]
Bloomberg: ‘Tesla Killers’ Are Having A Really Hard Time Killing Tesla
It’s a trope that’s been around roughly as long as Elon Musk has been in the car business: When a new electric vehicle is unveiled, it’s dubbed a potential “Tesla killer.”. But from the flaming-out of Fisker to present day, Tesla has largely dominated the American electric-vehicle market. [more...]
Bloomberg: German Government Must Spend More or Risk Fresh Crisis
Germany’s economy has hit the skids and risks a protracted downturn that reverses years of progress, according to Bloomberg Economics. By year-end, GDP might be 1% lower than if the slowdown had been avoided, and reversing the damage could cost as much as 110 billion euros ($122 billion). [more...]
Bloomberg: Finance Needs People Who Work Well With Robots
Today, it’s not just humans competing for work in banking. Machines are becoming a threat to warm-blooded number crunchers worldwide. Indeed, almost one-third of financial-services jobs could be displaced by automation by the mid-2030s, according to a report by PricewaterhouseCoopers LLP last year. [more...]
Bloomberg: Brexiteers Say If Switzerland Stood Up to the EU, So Can U.K.
In the Swiss-versus-the-European Union battle that’s ensnared stock trading, the smaller market appears to have won the first round.
In the month after Switzerland demanded that all trading in Swiss shares happen in its own market, business was smooth and volumes in Zurich were up by a third. [more...]
Bloomberg: Trump’s Trade War Is Keeping the Dollar Strong, Not the Fed
Donald Trump has blamed the stubbornly strong dollar on the Federal Reserve’s reluctance to slash interest rates further. But real yields suggest investors fearful of the president’s trade war are what’s keeping the greenback strong. [more...]
Reuters: Asia shares edge up as stimulus hopes temper recession worries
Asian shares rose on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens such as bonds and gold. [more...]
Reuters: Fed's Rosengren says cutting rates could worsen next downturn: Bloomberg
Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support further interest rate cuts, saying that U.S. economic conditions are still good and that easing policy could encourage a worrying debt build-up. [more...]
CNBC: Huawei calls US move to blacklist more affiliates ‘unjust’ and ‘politically motivated’
The U.S. government’s decision to add more of Huawei’s affiliates to a blacklist is “unjust” and “politically motivated” and will not help the country advance its technological leadership, the Chinese telecommunications giant said in a statement. [more...]
CNBC: Trade war impasse casts a ‘dark cloud’ over outlook for US oil shipments, analysts warn
An escalating trade war between the world’s two largest economies is negatively impacting the outlook for U.S. crude shipments, energy analysts have warned, amid fears that China could soon dramatically reduce its intake of American oil. [more...]
Currency Strength Indicators
The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. For example, if EUR is strong and USD is weak, it could mean that the currency pair EURUSD could be going up. If both currencies are strong or weak it is better to avoid since it will probably means there is no clear direction for the specific pair.