User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday January 11, 2013 - 08:01:52 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: USD/JPY rises above 89 on weak Japan current-account data, PM Abe call for timely 2% inflation target; China stocks retreat after strong CPI***Economic Data*** -

(JP) JAPAN DEC ECO WATCHERS CURRENT SURVEY: 45.8 V 48.08E (second straight rise); OUTLOOK SURVEY: 51.0 V 42.5E - (CN) CHINA DEC PRODUCER PRICE INDEX (PPI) Y/Y: -1.9% V -1.8%E >- (CN) CHINA DEC CONSUMER PRICE INDEX (CPI) Y/Y: 2.5% V 2.3%E (7-month high) - (JP) Japan NOV Conference Board Leading Economic Index m/m: 91.7 v 92.7 prior - (KR) BANK OF KOREA (BOK) LEAVES 7-DAY REPO RATE UNCHANGED AT 2.75%, AS EXPECTED - (JP) JAPAN NOV TRADE BALANCE - BOP BASIS: -847.5B V -832.0BE >- (JP) JAPAN DEC BANK LENDING EX-TRUSTS: 1.4% V 1.1%E; BANK LENDING INCLUDING TRUSTS: 1.2% V 1.0% PRIOR - (JP) JAPAN NOV CURRENT ACCOUNT TOTAL: -222.4B V -17.1BE; ADJUSTED CURRENT ACCOUNT TOTAL: 225.9B V 277.4BE; CURRENT ACCOUNT BALANCE: -276.4% V -84.1%E - (PE) PERU CENTRAL BANK LEAVES REFERENCE RATE UNCHANGED AT 4.25%, AS EXPECTED - IDC: 2012 PC sales down 3.2% y/y; first annual decline since 2001 ***Markets Snapshot (as of 05:00 GMT)*** - Nikkei225 +1.4% - S&P/ASX -0.2% - Kospi -0.2% - Shanghai Composite -0.5% - Hang Seng flat - Mar S&P500 +0.8% at 1,472 - Feb gold -0.3% at $1,673/oz - Feb Crude Oil flat at $93.86/brl ***Notes/Observations*** The Nikkei index surged to a 23-month high early in the session to close above 10,800 aided by a weaker yen following the release of comments made by Japanese Prime Minister Abe in an interview where he recommended that the BOJ should make pursuit of maximum employment a consideration in its policy. It was suggested that he may want the BOJ to consider the dual mandate of stable prices and maximum employment. The USD reached as high as 88.95 following the release of Japan's current account data for the month of November, the second largest on record. On the other hand, investor sentiment was subdued in Chinese equities following the release of China's monthly inflation data, which rose quicker than expected. China's December CPI of 2.5% was a seven-month high as the cost of food increased more than expected. The Japanese cabinet endorsed a 20T stimulus package that included an 10.3Tin extra outlays. The stimulus was the largest aid since the financial crisis started back in 2009, as PM Abe continued to stick to him campaign pledges to tackle deflation and boost economic growth. Japan is expected to fund the aid package by issuing approximately 5 trillion in bonds. The government anticipated the spending will raise real GDP by 2% points and create about 600,000 new jobs. The Bank of Korea (BOK) kept it s 7-day repo rate steady at 2.75%, as expected, for the third consecutive month. The rate decision had little effect on Korean equities. The central bank cited continued uncertainties in Europe and US with downside risks remaining for the decision. In addition, the central bank lowered its inflation and growth expectations, reducing the 2013 inflation target to 2.5% from 2.7%, and reducing the 2013 GDP target for the third time in a year to 2.8%. The lowered expectation lead some analysts to expect a possible rate cut in the first half of 2013. ***Currencies/Fixed Income/Commodities*** - (CN) PBoC sets yuan mid point at 6.2712 v 6.2244 prior close (highest raise in CNY since Nov 2012). - USD/CNY: CNY rises to record-year high 6.2187 following China inflation data. - World Gold Council (WGC): Emerging market central banks continue to buy gold; allocations remain relatively low - financial press - (CN) China Jan new loans may surpass CNY1T - Chinese press - (JP) Japan 30-yr govt Bond yield reaches 2.025% (highest since Aug 2011), 20-yr Bond 1.805% (highest since early Apr) - financial press - (DE) German Dec crude steel production falls 12.5% m/m to 3.06M MT - German press ***Speakers/Political/In the Papers*** - (JP) Japan Fin Min Aso: Too early to say if current account deficit will continue; Rise in import costs may weigh on corporate profits - financial press - (JP) Japan govt: calling on public pension funds to purchase more domestic stocks, foreign assets - financial press - (JP) Japan business lobby (Keidanren) chairman Yonekura: Welcomes Japan's fiscal stimulus - (JP) Japan BoJ may continue easing until 2% inflation target reached - financial press - (KR) South Korea automakers' 2012 domestic production fell 2.1% to 4.56M units - Korean press - (CN) Credit Agricole analyst: Incremental gains in China's FX reserves in 2012 suggests "capital outflows or the PBOC transferred the reserves to another entity" - Shanghai Daily - (CN) Chinese city of Chongqing announced a new property tax on luxury residential properties priced at more than CNY12.8K/sq m - Shanghai Daily - (CN) China said to be considering setting 2013 M2 money supply target at 13% - Chinese press - (CN) China targeting 2013 new yuan loans of approx CNY8.5T - financial press - (CN) China state researcher: PBoC may allow for more credit, loans in 2013 - Chinese press - (CN) China Commerce Ministry targeting "stable" trade growth - financial press - (HK) China official issues statement of continued support for Hong Kong Chief Exec Leung - (PH) Philippine Central Bank Gov Tetangco: No specific macro-prudential measures on the table; continuously reviewing policy setting - financial press - (PH) Philippines Central Bank amends rules regarding single borrower limits - financial press - (AU) NAB analysts lowering Australia 2013 GDP target to 2% from 2.5%; Sees jobless rate rising to 5.75% - (AU) Australia Bureau of Meteorology reports tropical cyclone strengthens to Category-4 - financial press - (AU) Australia record high temperatures expected to continue for another week - Australian press - (AU) Australia govt to publish draft legislation addressing corporate bond market - AFR - (AU) Volatility index hinting at calm equities market - Australian press - (AU) Australia firms increase use of yuan to settle China payments - The Australian - (NZ) New Zealand quake rebuild expected to widen the trade gap - New Zealand press ***Equities*** - Eisai 4523.JP: Announces prelim phase III results of farletuzumab; Trial did not meet primary endpoint - Sharp 6753.JP: Not the source of press speculation that it may return to op profit in Q3 - NTT DoCoMo 9437.JP: Considering plans to offer the Apple iPhone - Japanese press - Yokohama Rubber 5101.JP: May report Q3 op profit around 22B, +20% y/y - Nikkei News - Radiant 6176.TW: Reports Dec Rev NT$6.5B; -6.6% m/m - DigiTimes - InnoLux 3481.TW: Reports Dec Rev NT$44.3B, +3.2% m/m - DigiTimes - Asustek 2357.TW: To introduce the PadFone2, Smartphone-tablet, in Japan - Panasonic PC: To close plasma TV manufacturing facility in Shanghai - Japanese press - NPD: Dec videogame sales: $3.21B v $2.55B prior; -22% y/y - AXP: Reports prelim Q4 $1.09 v $1.05e, R$8.1B v $8.0Be; plans to cut workforce by 4-6%; -0.5% afterhours - KBR: Guides FY12 EPS lower to $1.95-2.10 v 2.66e (prior $2.60-2.80); Guides initial FY13 $2.45-2.90 v $2.94e; -7.2% afterhours - AAPL: Exec says no to cheap iPhones dispelling earlier reports it was looking at releasing a low cost iPhone for emerging market - financial press; +0.1% 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.

Register To Test Your Amazing Trader

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

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 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