April 18th, 11:12 am by Barbara Zigah
(eToro Blog) Earlier, equity markets in Europe had been poised to open higher, with the euphoria from yesterday’s Wall Street rally providing some buoyancy. But the elation has already waned, and the positive sentiment garnered from a better than expected demand at Spain’s sovereign bond auction and improved ec
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Financial markets are reacting to a strong earnings report from Goldman Sachs and a higher outlook for global growth from the IMF on Tuesday morning. Steep gains can be seen across the major averages, led by the Nasdaq Composite which rose 1.64% in early trade. The Dow Jones Industrial Average was trading around 170
(eToro Blog) While the Bank of Canada was not expected to make any changes to its current 1% benchmark lending rate, the more hawkish tone helped to send the Canadian Dollar to a 4-week high against the U.S. Dollar. The new-found hawkishness is a result of several positive convergent factors, all of which are
Right now, the Canadian dollar is seeing gains against nearly all of its major counterparts as the 
Euro is lower against many of its counterparts today, dropping as concerns about the European debt situation continue to dominate the news. Spain is expected to auction off bonds today, and there are concerns about climbing yields. Additionally, there are expectations of a drop in investor confidence in Germany.
April 17th, 3:02 pm by 
(eToro Blog) It’s clear that the European debt crisis is heating up and as proof of that Spain’s bond yields continue to rise, edging closer and closer to the 6% level. Market players can’t help but note how Spain is looking more and more like the next Greece, perhaps even beating out Italy for that particular
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