- In equities: Axa [CS.FR] CEO: Will see gradual unfreezing of markets in 2009
|| TGS Nopec Geophysical [TGS.NO] Announced new 3D operations in Gulf of Mexico
as it purchases new survey of Desoto canyon area in Eastern Gulf || Carillion
[CLLN.UK] Secured primary school contract, valued at Â£13M. Construction work
will begin in January 2009 and the new school will open in March 2010. ||
Autonomy [AU.UK] Announced that it has entered into a multi-million dollar
license agreement with BAE Systems to license Autonomy's Intelligent Data
Operating Layer software for archiving. || European Aeronautic Defence &
Space Co [EAD.FR] Japan's All Nippon Airways reportedly no longer plans to buy Airbus' A380
citing that ANA was seeking to cut its CAPEX levels. ||
- Speakers: The Bank of Korea reaffirmed that it would put the top priority on
its interest rate policy to help boost the economy and improve fund flows
through the local financial system || China's Deputy PBoC Gov Yi Gang stated
that China was well positioned to adjust monetary policy further if necessary,
given that rates are higher than US and Japan's || According to government
economist, Zheng Xinlu, China's economic growth will bottom in Q1 and added
that China's growth will start to rebound in Q2 and will return to
"normal" in Q3 as the government's stimulus measures start to take
effect || German press reported that Prime Minister of Germany's North
Rhine-Westphalia had requested as â‚¬100B rescue fund for companies impacted by
the global recession || Reportedly BoJ could lower its 2009 growth forecast ||
HKMA Yam noted that despite current volatility, Yuan to rise in long term; He
reaffirmed commitment to Hong Kong Dollar Peg ||
- In Currencies: The USD firmed during the early European morning. Dealers
citing several factors behind the dollar's advance. EUR was impacted by a
report in the Daily Telegraph that Milan was considering legal action against a group of
lenders who were helping it manage â‚¬1.7B of bonds. Italian authorities could be
sitting on as much as â‚¬35B of liabilities relating to bonds they took out in
the 1990s. The Euro also affected by chatter circulating of a fix-related
demand for GBP from a UK clearer as a factor in the lower EUR.GBP cross. Also
report from a top tier investment bank reportedly advocated going short EUR
versus an equally weighted basket of GBP, NOK and SEK || A growing appetite in
risk helping to weaken both JPY and CHF against the major pairs. USD/CHF above
the 93 handle and USD/CHF tested near 1.1040 during the European morning. || S. Korea denied press reports that it was considering including Yuan in its
Foreign Reserves. || Thai Fin Ministry stated that they see continued 'close'
coordination with Central Bank and added that they expect the benchmark
interest rate to fall ||
-In Fixed Income: Longer dated paper is conspicuously the biggest loser with
10yr yields climbing. Aside from some apparent erosion of the safe haven bid
for government product, supply will also be on the markets radar screen this
week with today due to see the Treasury announce this weeks 3- and 10-yr supply
where sizes of $30bn and $12bn are expected. || Barron's issued a cautious
feature on US Treasuries as overbought, citing increased support from Federal
Reserve with regards to long term Treasuries, driving prices higher. Article
draws attention to cautious comments from PIMCO's El Erian who feels they are
'very, very expensive', weakening USD and increasing attractiveness of Gold as
an investment play. In response to the 'bubble' in treasuries, Barron's draws
attention to 'shorting' treauries through two ETFs; Ultrashort 20+year Treasury
(TBT) and Ultrashort 7-10 year Treasury (PST) || Italian authorities could be
sitting on â‚¬35B of liabilities relating to bonds they took out in the 1990s in
a Telegraph article ||
- In Energy: Gas disruptions resulting from continued tensions between Ukraine
and Russia have reportedly began affecting Turkey and Czech Republic according
to press reports. Germany's RWE [RWE.GE] Noted that firm had received about 5%
less gas from Russia over the last 24 hours but added that it has been able to
compensate for the decline in gas deliveries || Iraq plans to prevent the
Kurdish Regional Government from exporting crude through the country's
pipelines || Previously reported Nigerian pipeline break to halt 12K bpd, ENI's
share totals 2.4K bpd || Japan Govt Spokesman Kawamura: China's gas development
in the East China sea is unacceptable || Japan has complained about China's
development of the Tianwaitian gas field, which Tokyo contends should be
untouched until talks settle its status between the two nations. ||
*** NOTES ***
- Big week for U.S. jobs data as ADP employment change on Wednesday, the weekly
initial and continuing claims on Thursday and the December non-farm payrolls
report due out on Friday. The question remains whether there is a bottom in
sight for U.S. economy. Dealer noting that Equities want a mid-year
economic rebound. President-elect Obama's economic stimulus package reportedly
will include hundreds of billions of dollars worth of tax breaks for
individuals and businesses.
- First 'real' trading day of 2009 saw some continued rotation flows out of
fixed-income instruments that accelerated on Friday. The weekend Barron's
article on US bond was cautious on US Treasuries and described the
instrument as overbought.
- Japanese 2008 domestic auto sales were the lowest since 1974. Japanese
officials continued with their verbal intervention. Shirakawa commented that
the BoJ could consider measures to address Â¥ appreciation. The trading year
begins with technicals ripe for retracement moves of the Nov-Dec trends in
stocks, bonds, commodities and currencies
- 10:00 (US) Nov Construction Spending M/M: Expectations -1.4% versus -1.2%
Legal disclaimer and risk disclosure
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.