Todays Markets
|
Economic Calendar
|
 |
Trading Sentiment
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
|
|
CNBC: The US is about to send a lot more oil into an already oversupplied world market
The oil market is already struggling with too much supply, and the U.S. is about to flood the world with a lot more. In the last decade, the U.S. has more than doubled oil production to 12.3 million barrels a day, making it the world’s largest producer. [more...] Bloomberg: Futures Mixed, Stocks Drift as Trade Feud Eases: Markets Wrap
U.S. futures rose and stocks in Asia were mixed Wednesday as investors assessed the latest in the unpredictable path of trade talks between the U.S. and China. Treasuries steadied after gains. [more...]
Bloomberg: China Prepares for the Worst on Trade War After Trump’s Flip-Flops
Perhaps nobody was more surprised to hear that China had called President Donald Trump’s administration to restart trade talks than the government in Beijing itself. After a weekend of confusing signals, Trump’s credibility has become a key obstacle for China to reach a lasting deal with the U.S., according to Chinese officials familiar with the talks who asked not to be identified. [more...]
Bloomberg: After 24 Hours, China Still Unaware of Calls Mentioned by Trump
China declined to confirm phone calls with the U.S. that President Donald Trump claimed happened over the weekend, during which Trump said China indicated it wanted to work toward a trade deal. [more...]
Bloomberg: Time to Buy Equities Again Is Fast Approaching, Says JPMorgan
The stock market is starting to look good again to JPMorgan Chase & Co. After August’s sell-off, the time to buy stocks is approaching, strategists led by Mislav Matejka wrote in a note Tuesday, saying equities will move higher starting with an up trend in September. [more...]
Bloomberg: Yuan Halts Nine-Day Losing Run After Stronger-Than-Expected Fix
China’s yuan halted its nine-day losing streak after the central bank set the daily fixing stronger than expected. The yuan was up 0.06% at 7.1579 per dollar as of 12:15 p.m. in Shanghai. The People’s Bank of China set its reference rate at 7.0835, compared with the 7.1126 average forecast by traders and analysts in a Bloomberg survey. [more...]
Bloomberg: A Dollar Rising Into a Possible U.S. Recession Could Be a Bad Omen
The dollar has been ascendant in 2019 and forecasts for a U.S. recession are growing louder. If the greenback’s strength keeps up and the economy does shrink, some experts are worried this combination will make it harder for the economy to claw back out. [more...]
Bloomberg: Goldman Says Short the Loonie Before Bank of Canada Policy Shifts
Investors should bet on declines in the loonie against the U.S. dollar and the yen as the Bank of Canada may soon join other central banks in a dovish shift. That’s the view of Goldman Sachs & Co. strategists Zach Pandl and Karen Fishman. [more...]
Reuters: Exclusive: Fake-branded bars slip dirty gold into world markets
Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords. [more...]
Reuters: U.S. yield inversion deepens, stokes recession fears
The U.S. yield curve inversion deepened on Tuesday to levels not seen since 2007, rekindling fears of a looming recession that spurred a sell-off on Wall Street and stoked even more safe-haven demand for government bonds. [more...]
CNBC: The yuan hit an 11-year low this week. Here’s a look at how China controls its currency
China’s yuan is being closely watched as its economy slows and as Beijing remains locked in a trade war with the U.S. that has roiled global markets. [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.
Leave a Reply
Want to join the discussion?Feel free to contribute!