User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday January 7, 2013 - 06:24:41 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Yen comes off lows as Fin Min Aso talks down the need for BOJ accord***Economic Data*** - Source

- (JP) JAPAN NOV LOANS & DISCOUNTS CORP M/M: 0.4% V 0.3% PRIOR - (JP) JAPAN DEC MONETARY BASE Y/Y: 11.8% V 5.0% PRIOR (11-month high) - (JP) JAPAN DEC VEHICLE SALES Y/Y: -3.4% V -3.3% PRIOR - (TW) TAIWAN DEC CPI Y/Y: 1.6% V 1.4%E; WPI Y/Y: -4.0% V -4.0%E - (UK) UK DEC LLOYDS EMPLOYMENT CONFIDENCE: -42 V -42 PRIOR ***Markets Snapshot (as of 05:00 GMT)*** - Nikkei225 -0.2%% - S&P/ASX -0.1% - Kospi -0.1% - Shanghai Composite +0.2% - Hang Seng +0.1% - Mar S&P500 -0.1% at 1,456 - Feb gold +0.6% at $1,658/oz - Feb Crude Oil -0.3% at $92.86/brl ***Notes/Observations*** - Asian equity markets are trading with little conviction, tracking a tepid US non-farm payrolls report on Friday. Instead, investors reduced some of the more outstretched positions such as short JPY after Japan Fin Min Aso backtracked from the govt vs BOJ standoff, noting there is no need for a formal accord with the BOJ holding them to inflation target pledge if the two camps can maintain regular communication. Later in the day, Chief Cabinet Sec Suga did signal that the two sides will issue a joint statement at the next policy meeting on Jan 22nd. Conciliatory tone raised speculation over a compromise between the contently victorious PM Abe and the notoriously reluctant central bank that would be less potent than the explicit commitment to take "unlimited" easing measures until inflation hits 2%. USD/JPY sold off over 50pips below 87.80, while Nikkei225 traded down to 10,600 going into close. - On the banking front, financial press reported the Basel Committee on Banking Supervision has also backed away from tighter lending standards, widening its definition of the easy-to-sell assets that banks will have to hold to survive a 30-day liquidity crisis. Banks are said to be able to use certain equities, corporate debt and residential-mortgage-backed securities to cover up to 15% of their LCR. Also note that the full implementation will now be required in 2019 vs 2015 initial target. ***Currencies/Fixed Income/Commodities*** - (CN) China Iron and Steel Association (CISA): 2012 crude steel production expected at 720M tons (record high) - financial press - JGB: (JP) Japan Ministry of Finance may resume inflation-linked JGB offerings in FY13 - Japanese press - NZD/USD: BNZ analyst Jones: Fundamentals underpinning NZD have not changed; Dips to $0.80 likely to be short-lived - NZ press - SLV: iShares Silver Trust ETF daily holdings fall to 10,061 tons from 10,080 tons - update as of Jan 4th - GLD: SPDR Gold Trust ETF daily holdings rise by 1.8 tons to 1,342.1 tons (first rise since Dec 7th) - update as of Jan 4th ***Speakers/Political/In the Papers*** - (CN) China may set 2013 GDP target at 8% vs 7.5% for 2012 - Chinese press - (CN) According to the latest survey from Xinhua News, Dec CPI has accelerated to 2.3% from 2.0% in Nov due to food shortages as a result of cold weather - China Daily - (CN) China said to be experiencing its coldest weather in 28 years - Shanghai Daily citing China Meteorological Administration - (CN) China resumes construction of a "fourth generation" nuclear power plant that was suspended after Fukushima disaster in Japan - (CN) China PBoC Dep Gov Pan: To support lending to small businesses - Chinese press - (JP) Japan supplementary budget may amount to about 12T; May include 5-6T in public works spending - Japan press - (JP) According to a Nikkei News survey of corporate chiefs, 65% see Southeast Asia as the best opportunity for investment, followed by 47% for China - (JP) LDP policy chief Takaichi: To support PM Abe if he decides to join TPP free trade talks - Nikkei News - (JP) Japan scrambled fighter jets on Saturday after a Chinese maritime aircraft flew about 75mi north of the disputed Senkaku islands - financial press - (JP) Close to half of local leaders support restart of nuclear facilities - Yomiuri News - (KR) Analysts are said to be split on whether Bank of Korea (BOK) will cut interest rates by another 25bps at its policy decision this week - Korean press - (AU) According to economists, Reserve Bank of Australia (RBA) is set to cut its cash target rate another 25bps during Q1 - AFR - (PT) IMF's Lagarde: Portugal is on the right track in meeting economic targets - Portugal press ***Equities*** - WHC.AU: Says the press report that ANZ has pulled its A$1.2B credit facility is a hoax - RIO: Considering suspending operations at the unprofitable alumina refinery in Arnhem Land - AFR - LYC.AU: Commissioning cracking and extraction units at LAMP site in Malaysia - financial press - 200002.CN: China Vanke remained the country's largest real estate developer in 2012 with CNY145B in sold property - Shanghai Daily - Huawei 02502.CN: CEO: 2012 Rev expected to rise 10% y/y above $35B - Shanghai Daily - TM: To delay new facility production for three years; To focus on more efficient production at existing plants - Nikkei News - Toshiba 6502.JP: Said to have paid about 125B to acquire 20% stake in Westinghouse Electric from Shaw Group - financial press - DAI: China Sovereign Wealth Fund (CIC) may take a stake of 4-10% in Daimler - Chinese press - ILMN: Roche Chairman: No longer considering a bid for Illumina - financial press - ILMN: Acquires Verinata Health for $350M, plus up to $100M in milestone payments - IBM: Services division head Michael E. Daniels to retire on Mar 31st after 36 years on the job - US financial press


Forex Trading News

Forex Research

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 here.

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.

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 15 Oct 2018
AA 12:30 US- Retail Sales
Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
A 13:15 US- Industrial Production
Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales

John M. Bland, MBA
co-founding Partner,

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.

Contact us

Start trading with forex broker Markets Cube

Max McKegg's Daily Forex Trading Forecasts

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.

Request a TRIAL of Max's Forex Service.


Retail Forex Brokerage Changing!

Are you 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.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

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.

Forex News

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

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

Forex Brokers

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 Trading

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.

FX Trading

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.

Forex Blog 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 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.



By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105