Todays Markets
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Economic Calendar
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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.
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Latest News Headlines
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Bloomberg: Oil Jumps Most on Record After Attack Cuts Saudi Arabian Supply
Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the U.S. has blamed on Iran. [Read more...]
Bloomberg: Speed of Saudi Oil Recovery In Focus After Record Supply Loss
All eyes are on how fast Saudi Arabia can restore production after this weekend’s devastating strike on key facilities, which knocked out roughly 5% of global supply and triggered a record surge in oil prices. [Read more...]
Bloomberg: Saudi Oil Output Cut in Half After Drones Strike Aramco Site
Saudi Arabia’s oil production was cut by half after a swarm of explosive drones struck at the heart of the kingdom’s energy industry and set the world’s biggest crude-processing plant ablaze -- an attack blamed on Iran by the top U.S. diplomat. [Read more...]
Bloomberg: Attack on Saudi Oil Plant Is What Everyone Feared: Oil Strategy
Middle East geopolitics have come back with a vengeance to hit the oil market. What everybody feared has happened. An attack has penetrated the defenses of Saudi Arabia’s massive Abqaiq oil processing facility, the heart of the kingdom’s oil production and export infrastructure, causing an unknown amount of damage. Crude prices will react and emergency stockpiles will be tapped. [Read more...]
Bloomberg: Trump Authorizes SPR Oil Release After Saudi Supply Disruption
U.S. President Donald Trump authorized the release of oil from the nation’s emergency oil reserves after a series of drone attacks in Saudi Arabia knocked out half of the kingdom’s crude output, or about 5% of world supplies. [Read more...]
Bloomberg: Oil-Price Shock Couldn’t Come at Worse Time for World Economy
The record oil-price surge after a strike on a Saudi Arabian oil facility couldn’t come at a worse time for a world economy already in the grip of a deepening downturn. [Read more...]
Bloomberg: Gold Rallies on Concern Saudi Attack May Presage Wider Conflict
Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory U.S. military action in the Middle East, with investors seeking haven assets at the start of a week that’ll also see critical policy decisions from central banks including the Federal Reserve. [Read more...]
Reuters: Oil soars after Saudi facility attacks, weak China data hits shares
Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investors’ risk appetite. [Read more...]
Reuters: Iran dismisses U.S. claim it was behind Saudi oil strikes, says ready for war
Iran rejected accusations by the United States that it was behind attacks on Saudi oil plants that risk disrupting world energy supplies and warned on Sunday that U.S. bases and aircraft carriers in the region were in range of its missiles. [Read more...]
CNBC: Attacks on Saudi oil supply effectively wipe out the world’s spare capacity, S&P Platts says
The attacks on critical oil production facilities in Saudi Arabia over the weekend will effectively wipe out the world’s spare oil capacity, an expert from S&P Global Platts said on Monday. [Read more...]
CNBC: Ron Paul: US interest rates are going negative, and the Fed can’t stop it
Ron Paul is warning negative interest rates will crush the global economy. The former Republican congressman from Texas believes the U.S. won’t be the exception. [Read more...] |
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Currency Strength Indicators
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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.
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