User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday January 9, 2013 - 05:43:16 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Alcoa kicks off earnings season on a strong note; JPY weakens on more BOJ easing speculation; AUD falls on weak retail data - Source

- (AU) AUSTRALIA NOV RETAIL SALES M/M: -0.1% V +0.3%E (first decline in four months) - (AU) AUSTRALIA NOV JOB VACANCIES Q/Q: -6.9% V +4.1% PRIOR - (AU) AUSTRALIA NOV HIA NEW HOME SALES M/M: 4.7% V 3.4% PRIOR (2nd straight increase) - (NZ) NEW ZEALAND NOV BUILDING PERMITS M/M: -5.4% V -2.0% PRIOR (2nd month of decline) - (KR) SOUTH KOREA DEC UNEMPLOYMENT RATE: 3.0% V 3.0%E - (MA) MALAYSIA NOV TRADE BALANCE (MYR): 9.3B V 8.8BE - (UK) UK DEC BRC SHOP PRICE INDEX Y/Y: 1.5% V 1.7%E ***Markets Snapshot (as of 04:00 GMT)*** - Nikkei225 +0.6% - S&P/ASX +0.3% - Kospi -0.2% - Shanghai Composite +0.1% - Hang Seng +0.4% - Mar S&P500 +0.1% at 1,457 - Feb gold -0.2% at $1,658/oz - Feb Crude Oil -0.1% at $93.02/brl ***Notes/Observations*** - Asian equity markets are trading firmer despite the weak lead from Wall St as better than expected top line from Alcoa seems to have improved sentiment. Earnings came in as expected, but revenues were much stronger than consensus, while 2013 aluminum demand growth estimated was amped up to 7% from 6% in 2012 and 6.5% required to meet Alcoa's long-term targets. Shares are trading up over 1% afterhours despite the subsequent announcement of a resignation by Alcoa CFO. - AUD rose within 10 pips of 3-week highs at $1.0530 amid multi-month highs in iron ore prices before being knocked down by another disappointing economic report for November. After weaker than expected trade balance released overnight, retail sales contracted 0.1% on m/m basis - the first decline in 4 months - sending AUD/USD to $1.0485 session lows. Analysts are turning more mixed regarding further AUD strength, pointing to elevated leading inflation indicators out of China possibly requiring a less dovish than expected central bank. - JPY opened the session on firm footing as USD/JPY extended its recent consolidation below the 87 handle, before renewed speculation of more BOJ easing took the winds out of the profit-taking move. Financial press citing sources noted the BOJ will consider adopting a 2% inflation target and may also continue to expand its asset purchase program beyond the current 101T level. Cabinet officials also continued to insinuate that the govt will seek to appoint more like-minded officials to the policy board of the BOJ once the Gov Shirakawa and 2 Dep Gov terms expire this spring. Session lows in JPY hit once an analyst with Fitch noted a downgrade of Japan is not out of the question if the sovereign does not control its spending. ***Currencies/Fixed Income/Commodities*** - (JP) Fitch analyst: Would consider a downgrade of Japan without action on debt - USD/JPY: Rises to session highs above 87.50 following comments from Fitch - AUD/USD: Falls about 20 pips to $1.0495 after worse than expected retail sales data - (US) API PETROLEUM INVENTORIES CRUDE: +2.36M V +1.5ME (first build in 4 weeks); GASOLINE: +7.93M V +2.5ME; DISTILLATE: +5.85M V +1ME; UTILIZATION: 88.9% V 90.5% W/W - GLD: SPDR Gold Trust ETF daily holdings fall by 0.9 tons to 1,339.8 tons (lowest since Nov 15th) - SLV: iShares Silver Trust ETF daily holdings rise to 10,112 tons from 10,061 tons - update as of Jan 7th ***Speakers/Political/In the Papers*** - (CN) China Iron and Steel Association (CISA) reports late-Dec avg daily crude production -0.5% to 1.90M tons - financial press - (CN) Former World Bank Economist Lin Yifu: China economy has potential to grow above 8% for the next 20 years - SMH - (CN) According to chief economist of China's Industrial Bank, Dec economic data will be mixed with stronger retail sales but weaker industrial production and investment - Shanghai Daily - (CN) China Bank of Communications (BoCom): Recent data have confirmed economic recovery; Attention now shifting to CPI data in light of recent rise in food prices - Shanghai Daily - (CN) According to Shanghai Hudson Recruitment employment agency, 2 out of 3 applicants refuse final offers from employers because salaries are too low - Shanghai Daily - (CN) According to Shanghai Deovolente Realty Co, Shanghai transaction volume of pre-owned homes in 2012 rose nearly 50% to 188.2K units - Shanghai Daily - (JP) Japan stimulus set to exceed 20T - Yomiuri News - (KR) According to a survey by Yonhap, 15 out of 21 economists expect Bank of Korea (BOK) to keep rates unchanged for the 3rd consecutive meeting; 6 expect a 25bp rate cut - (VZ) Hugo Chavez reportedly will NOT be sworn in for a new term on Jan 10, as was previously scheduled - financial press ***Equities*** - FIG: Acquiring a services of bad debts and assets in China, Fan Ya Tai , on expectation of a sharp rise in China's non-performing loans - FT - Dongfeng 489.HK: Reports 2012 passenger vehicle sales +5.4% y/y at 2.45M units - financial press - Hyundai Motor 005380.KR: China sales said to have accounted for about 20% of total revenue in 2012 - Korean press - Kia 000270.KR: Unveils upgraded versions of its flagship K9 luxury sedan without a price increase at $49.2K - Korean press - AWC.AU: Exec: AWAC margins improved in Q4; sees signs of improving prices in Q1 - financial press - MAH.AU: Sembawang Australia said to have retained council after being denied access to conduct due diligence on MacMahon - AFR - Sharp 6753.JP: Planning to commercialize next generation panels for smartphones in 2014 with Qualcomm - Japan press - PC: CEO: Looking to capitalize on market demand for energy efficiency in homes and automobiles - Nikkei News - Japan Airline 9201.JP: Does not plan to change order for 38 Boeing 787 Dreamliner units following recent engine fire - financial press - Mitsubishi Material 5711.JP: May report 9-month pretax profit little changed y/y around 54B; Rev seen down about 10% below 1T - Nikkei News - Subaru 7270.JP: Subaru 2012 US sales +26% to 336.4k units (record) - Nikkei News - AA: Reports Q4 $0.06 (adj) v $0.06e, R$5.99B v $5.58Be; +1.1% afterhours >- AA: Appoints William F Oplinger as CFO; effective April 1st; to replace Charles D McLane - CLWR: Receives unsolicited proposal from Dish Network to purchase all shares of common stock at $3.30/shr; +8.9% afterhours - STX: Reports prelim Q2 Rev "at least" $3.6B v $3.53Be, Gross margin in excess of 27%; +2.1% afterhours - APOL: Reports Q1 $1.18 v $0.90e, R$1.06B v $1.03Be; -5.4% afterhours


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