-Equities: Kaufman & Broad [KOF.FR] Reported FY revenues of â‚¬1.17B versus
â‚¬1.25B estimates. It secure an additional â‚¬75M credit facility and noted that
it had suspended dividends until 2012 || Lafarge [LG.FR] Considering strategic
options for its Turkey operation || Yule Catto [YULC.UK: Signed a new three
year loan facility of Â£30M with its principal banks. Loan replaced existing
revolving bank loan facility maturing in Nov of next year. The company also
suspended payment of dividends || X 5 Retail [FIVE.UK] Acquired franchisee in
Rostov, Russia for RUB400M || Lottomatica [LTO.IT] Gtech unit was awarded $105M
New Jersey State lottery contract || Linde [LIN.GE] Awarded engineering JV in
India with its share of the venture valued at â‚¬350M || Vestas Wind System
[VWS.DC] Awarded 100MW order in China || GDF Suez [GSZ.FR] Reported a gas find
in Anethyst Field located in North Sea || Sea Drill [SDRL.NO] Took delivery of
deepwater drillship West Capella
- Speakers: German Fin Min Steinbrueck commented that the size of government
stimulus package was still undecided in a press interview. Comments in reply to
whether package would cost â‚¬25 to â‚¬40B || French Econ Ministry commented that
the current market conditions do not allow for the 'satisfactory' sale of
public assets || Czech Central Bank Chief Tuma noted in a newspaper interview
that Czech Central bank has room to cut rates to zero from current level of
2.25% || Reportedly Polish Gov't advisors see 2009 GDP at 3,1% or less versus 3.7%
official forecast ||China raised tax rebates for motorcycles to 14% from 11%
prior, increases tax rebates on for 553 products effective Jan 1st || Chinese
Stats Office saw 2008 GDP growth above 9% level || Taiwan MOF stated that the
Tax reform panel approved corporate tax cut from 25% current rate || French
Public Debt increased by â‚¬15.6B in Q3 to 66.1% of GDP according to INSEE ||
- In Currencies: The USD was softer against the major currency pairs but the
the session was all about safe haven theme. CHF gains on the back of safe haven
flows due to the conflict in the Middle East. The GBP
remained weak for the most part. UK
households the prior Q2 data had shown that repayments exceeded new borrowing
for the first time in a decade and the trend continued in Q3. EUR/GBP continues
to probe fresh all-time highs with the 0.97 giving way in today's session with
expectations that the run on parity would continue at least in the very
near-term. . || Russia devalued the currency for the 12th time in seven weeks
after the government forecasted its first budget deficit in a decade last week
- Energy: IEA Chief Economist commented that he expected oil price to climb to
$100/barrel by 2010-2015 period || Reportedly Nigeria arrested suspected
militant leader Jackrich || Israeli Def Min Barak stated in a speech to
Parliament that Israel moves with 'determination' towards objectives and would
fight 'to death' with Hamas. He added that Israel
is not at war with the with people of Gaza
but noted Israel
has set its objective in Gaza
strip, which is now a closed military zone ||
- Commodities: Spot gold breaks above 880 level at the open in Asia.
|| Feb Crude oil futures surged above the $42.00 per barrel (over 10% at one
point) in reaction to comments from Israeli defense Minister Barak which noted
that Israel would fight to the 'death' against Hamas. Oil remained above the
$40 per barrel as the NY morning approached, but off its best levels in the
electronic session. Dealers also citing that OPEC members have begun complying
with agreed output cuts, also helping the contract rebound four-year lows set
- Credit Crisis: Banks in the UK
may face as much as Â£70B in writedowns related to losses on commercial property
loans according to a report from the Telegraph. The article noted that the
losses could lead to more banks being nationalized in the UK || UAE Residents
Feel Credit Crunch Impact according to a Bayt/YouGov Survey as consumer
confidence dropped for the third time this year ||
- The Safe haven flows was the overall theme during the European morning. Gold
and CHF were purchased from the getgo in Asia. Oil was
firmer but spiked above $42/barrel after Israeli defense minister stated that
the country would fight to the 'death' with Hamas, thus Israel
threatened escalation of fighting in Gaza.
terminates $17.4B joint venture with Dow Chemical noting that downturn in the
economy coupled with a fall in oil prices has made the K-Dow joint venture
-UK Dec House Prices were down a record own 8.7% y/y according to Hometrack.
Another data series showing that UK
households are making repayments rather borrowing against its housing equity
- Thin market conditions prevail as the calendar year winds down.
- 11:30 (IS) Israeli Base Rate Decision: Expectations of a 50bps interets rate
cut to 2.00%
- (GE) German Dec CPI-Baden Wuettemberg: M/M: No expectations versus -0.5%
prior; Y/Y: No Expectations versus 1.6% prior
- (GE) German Dec CPI-North Rhine West: M/M: No expectations versus -0.6%
prior; Y/Y: No Expectations versus 1.1% prior
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."
Actionable trading levels delivered to YOUR charts in real-time.
Mon 10 Sep 2018 AA 08:30 GB- GDP, Trade, Output Tue 11 Sep 2018 AA 08:30 GB- Employment Decision A 09:00 DE- ZEW Survey Wed 12 Sep 2018 A 12:30 US- PPI A 14:30 US- EIA Crude A 18:00 US- Beige Book Thu 13 Sep 2018 A 1:30 AU- Employment AA 11:00 GB- Bank of England Decision AA 11:45 EZ- European Central Bank Decision A 12:30 US- Weekly Jobless AA 12:30 US- CPI Fri 14 Sep 2018 A 08:30 GB- GDP AA 12:30 US- Retail Sales A 13:15 US- Industrial Production AA 14:00 US- prelim University of Michigan
John M. Bland, MBA co-founding Partner, Global-View.com
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
Veteran FX Trader, Max McKegg, forecasts all the Major currencies and the Australasians; providing Daily and Medium Term Trading forecasts to subscribers, who include large Banks the world over, as well as individual traders in more than 30 different countries.
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.