Forex Calendar

By David Becker (eToro Blog) Wall Street equity prices surged to new highs on Wednesday, testing resistance levels as short covering created a panic to the upside. Solid revenue numbers reported by Alcoa after Tuesday’s closing bell were offset by worse than expected earning. Riskier currencies performed well, along with gold, but petroleum and agricultural [...]

By David Becker (eToro Blog) Equity markets in the U.S. were mixed after the huge gains seen on Monday, with the Nasdaq leading the major indexes higher. Technology stocks continued their recent tear, along with oil stocks, which increased along with oil prices. Volatility continued to remain elevated, above the 30% level, despite the rally [...]

By David Becker (eToro Blog) Equity markets in the U.S. continued their rally in spite of light trading volume as a majority of market participants observed the Columbus Day holiday. U.S. banking institutions were also closed, but that did not negate the positive news from the Eurozone that lifted Wall Street.  Over the weekend, French [...]

By David Becker (eToro Blog) Equity markets in the U.S. had consolidated on Friday, following better than expected employment data, which initially pushed prices higher. Late in the session, however, a downgrade of Italian debt by Fitch’s rating agency created a cloud over U.S. trading action where it hovered until the closing bell. Fitch cut [...]

By David Becker (eToro Blog) Ahead of the release of U.S. Labor Department non-farms payroll data, equity markets in the U.S. moved higher again, with riskier assets performing well.  Additional liquidity created by the Bank of England catapulted the U.K. equity markets, helping the S&P 500 notch up a third consecutive gain. The Nasdaq rose [...]

By David Becker (eToro Blog) Wall Street continues to experience a rebound as sentiment improves globally on the back of a potential settlement of Greece’s debt. Better than expected economic data, along with a rally in oil prices, pushed equities up nearly 2%. News from Europe also helped to boost the U.S. markets after an [...]

By David Becker (eToro Blog) Equity markets in the U.S. continued to remain under pressure for most of the trading session on Tuesday, as investors’ uncertainty about the direction of global growth and the Greek debt situation held sway. Earlier in the session, weak financial stocks pushed the indices lower, with the S&P banking sector [...]

By David Becker (eToro Blog) Equity markets in the U.S. continued to remain volatile despite better than expected manufacturing and confidence data.  Material and financial stocks led equities lower on Friday, and there were few bright spots during a trading day which saw very low volume. Volatility remains robust, above the 40% level, as investors [...]

By David Becker (eToro Blog) Investors’ profit taking pushed equity markets in the U.S. lower on Wednesday, even as volume declined. Volatility continued to remain in a relatively tight range, despite slightly weaker than expected economic data. Oil prices moved lower again, dragging down oil stocks, while pressure on the banking sector resumed, with the [...]

By David Becker (eToro Blog) Equity markets in the U.S. rallied, as the bounce from the bottom end of the trading range continued to grow legs. Better than expected home price data also supported the rise, while even consumer confidence numbers that were slightly off expectations failed to create any headwinds. Commodities, too, rallied extensively [...]