- Bayer [BAY.GE] Submitted Recombinant Human Thrombin For EU Approval forused
as a topical aid to control surgical bleeding.
- Alcatel-Lucent [ALU.FR] Confirmed press speculation: Names Philippe Camus
Non-Executive Chairman and Ben Verwaayen CEO.
- Deutsche Borse [DB1. GE] was firmer in the session after holders TCI and
Atticus noted that they will cooperate to explore options on company, which may
include board changes
- Glaxo [GSK.UK] stated that Darapladib failed to improve the quality of plaque
in mid-stage clinical trial
- BOJ's Shirkawa noted that the rise in core CPI likely to slow in 2009. Noted
that he still sees uncertainty in Japanese economy and added that US economy
likely to remain subdued in H2 of 2008
- German Fin Min Steinbrueck stated that China is concerned about US economic
slowdown and financial market turmoil; German official noted that China remains
keen on diversifying its FX reserves with the US Dollar remaining a key focus
- UK Treasury raised stamp duty threshold on house purchases to Â£175K from
Â£125K, effective Sept 3rd.
- OECD stated that the Fed and BoJ interest rate policies are appropriate, sees
possible BoE interest rate cut; supports ECB "no bias" policy stance
at this time. The OECD raised its 2008 GDP forecast for the US to 1.8% from 1.2% prior view and lowered
each of the European GDP outlook.
- (PD) Poland Central Banker Filar stated that
Polish Inflation should slow down to 4.7% in October. He added that the central
bank should raise interest rates laterthis month
- Thai Central Bank confirmed FX market intervention to support Thai Baht
- Australian Central Bank lowered interest rates for the first time in 7 years
by 25bps to 7.00%.
- In energy: Hurricane Hanna becomes a Category 1 storm, little change in strength
seen over the next 24 hours. NYMEX front month crude continues to fall as
Gustav failed to inflict severe damage to oil operation in the Gulf of Mexico. IEA stated that early signs point US
Gulf Oil facilities have avoided big damage. An OPEC Delegate stated that oil
prices remain high even at $109 per barrel level. The unnamed delegate noted
that members are considering a rollover at next week OPEC meeting. The National
Hurricane Center (NHC) noted that Tropical depression #10 formed in the
Â·*** NOTES ***
The USD continued to benefit from the lower oil prices as Hurrican Gustav
failed to severely damage the Gulf oil facilities. Front month crude tested
below the $106 level before retracing. The front month futures contract opened
above $117 on Sunday night. Gold following energy prices lower but lagging in
terms of descent. Spot gold holding above the $800 per oz level. EUR/USD
dropped below its former synthetic highs of 1.4577 made back in Sept 1992.
Dealers taking notice of developments on the Asian front. The Japanese PM
resigned on Monday. Thai govt announced a state of emergency. Various regional
Central banks (Thailand, Malaysia, Indonesia) are performing currency interventions.
In Europe the Spain unemployment was up 10% since July is
highlighting the concern on the economic front. Number of unemployed increased
by 103k workers. labor ministry follows up by saying they see registered
jobless continuing to rise going forward, economic stagnation is intensifying,
and Spain faces very negative scenario.
Legal disclaimer and risk disclosure
All information provided by Trade The News (a
product of Trade The News, Inc. "referred to as TTN hereafter") is
for informational purposes only. Information provided is not meant as investment
advice nor is it a recommendation to Buy or Sell securities. Although information is taken from sources deemed
reliable, no guarantees or assurances can be made to the accuracy of any information provided. 1. Information can be inaccurate and/or incomplete
2. Information can be mistakenly re-released or be
delayed, 3. Information may be incorrect, misread,
misinterpreted or misunderstood 4. Human error is a business risk you are
willing to assume 5. Technology can crash or be interrupted without notice 6.
Trading decisions are the responsibility of traders, not those providing
additional information. Trade The News is not liable
(financial and/or non-financial) for any losses that may arise from any information provided by TTN. Trading securities
involves a high degree of risk, and financial losses can and do occur on a
regular basis and are part of the risk of trading and investing.
Forex Trading News
Daily Forex Market News Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Forex News Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."
Elevate Your Trading With The Amazing Trader!
The Amazing Trader includes:
Actionable trading levels delivered to YOUR charts in real-time.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.
The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.
The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.
Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.
The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.
Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.
Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.
Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.
WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES
CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN
EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE
PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE
INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC
REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL
SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR
SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.