eToro Blog

(eToro Blog) In the U.S., a sizeable Wall Street rally precipitated by better than expected manufacturing data petered out on first Eurozone growth issues, then ADP’s disappointing employment report. At the end of the day, Wall Street closed mixed with only the NASDAQ able to pull marginally ahead. Investors will refocus on employment data; the [...]

(eToro Blog) The U.S. Federal Reserve took center stage this week as markets focused on their response to an improving economy despite headwinds generated by a global slowdown in general, and specifically, from the Eurozone’s ongoing problems. In the end, the Fed promised that the low interest rates that they had committed to several months [...]

(eToro Blog) In the Eurozone, investors who endured a week in which there was a clear resumption of uncertainty and fear over peripheral debt contagion were heaving a sigh of relief on the news that today’s auction of Spanish sovereign debt was better than hoped for. There was solid demand for 10 and 2 year [...]