User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday January 16, 2013 - 06:53:34 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: World Bank trims global 2013 and 2014 GDP targets; JPY gains again on 2nd cabinet official warning over excessive weakness - Source TradeTheNews.com

(CN) CHINA DEC ACTUAL FDI Y/Y: -4.5% V -2.0%E - (AU) AUSTRALIA DEC NEW MOTOR VEHICLE SALES M/M: 2.2% (3-month high) V 0.0% PRIOR; Y/Y: 17.9% V 9.7% PRIOR - (AU) AUSTRALIA JAN WESTPAC CONSUMER CONFIDENCE INDEX: 100.6 V 100.0 PRIOR; M/M: +0.6% V -4.1% PRIOR - (JP) JAPAN DEC DOMESTIC CGPI M/M: 0.3% V 0.2%E; Y/Y: -0.6% V -0.7%E (9th straight decline) - (JP) JAPAN NOV MACHINE ORDERS M/M: 3.9% V 0.3%E (second straight rise); Y/Y: +0.3% V -7.3%E - (NZ) NEW ZEALAND JAN NON RESIDENT BOND HOLDINGS: 64.0% V 62.7% PRIOR ***Markets Snapshot (as of 04:30 GMT)*** - Nikkei225 -2.0% - S&P/ASX +0.4% - Kospi +0.3% - Shanghai Composite -0.4% - Hang Seng -0.2% - Mar S&P500 +0.1% at 1,465 - Feb gold -0.1% at $1,682/oz - Feb Crude Oil +0.3% at $93.59/brl ***Notes/Observations*** - Asian equity markets are trading mixed, with much of the focus remaining with the Japanese yen for the 2nd consecutive session. After Econ Min Amari warned over an excessive declines in the currency overnight, a second cabinet (LDP gen sec) official expressed concern the parabolic JPY decline could be to the detriment of certain industries and companies. Coupled with a widely circulated report from BNP questioning the ability of "Abenomics" to spin synthetic inflation, more yen short-covering took USD/JPY below 88 and EUR/JPY below 117. - World Bank cuts its global 2013 GDP target to 2.4% from 3.0% prior and 2014 GDP to 3.1% from 3.4% prior. World Bank also raised its 2013 China GDP target by a decimal to 8.4% but cautioned growth would slow by 2015 to 7.9%. Regarding Euro area, WB noted 2013 would be in modest 0.1% contraction but return to growth in 2014 and 2015 to the tune of 0.9% and 1.4% respectively. WB also said market conditions are improving and global inflation is under control. - Boeing will surely be under pressure again on Wednesday after Japan's ANA airlines reported its Tokyo-bound 787 Dreamliner was forced into an emergency landing in Takamatsu after reports of cabin fire. All passengers and crew were able to de-board safely, but ANA and JAL both grounded their 787 fleet to perform further safety checks. FAA said it will await more details from the incident while some of the other airlines have yet to suggest they would modify their 787 orders. ***Currencies/Fixed Income/Commodities*** - EUR/JPY: Falls to fresh session lows below 117; USD/JPY falls below 88 - USD/CNY: (CN) PBoC sets yuan mid point at 6.2745 v 6.2136 prior close (CNY weakened by largest margin since Sept 18th) - JGB: (JP) Japan's MoF sells 2.286T in 0.2% 5-yr notes; Avg yield: 0.156% v 0.163% prior; Bid to cover: 3.44x v 3.54x prior - JGB: (JP) Japan's MoF to issue additional 300B in February and March to help pay for extra budget spending - Nikkei News >- XAU/EUR: (DE) Telegraph's Ambrose Evans-Pritchard believes that if Bundesbank seeks to repatriate some of its gold this could be a sign that trust among central banks is breaking down - (US) API PETROLEUM INVENTORIES CRUDE: +46K V +2ME; GASOLINE: +4.09M V +2ME; DISTILLATE: -570K V +1.5ME; UTILIZATION: 88% V 88.9% W/W - (EU) Outgoing Eurogroup President Juncker (Luxembourg PM): EUR exchange rate is dangerously high ***Speakers/Political/In the Papers*** - (HK) Hong Kong Chief Exec Leung: govt priority to ensure economic development; Housing is top priority this year - 2013 policy address - (KR) South Korea Vice Fin Min Shin: Studying additional capital flow control measures; Economic uncertainties have eased - (CN) Some China banks may raise 2013 property loan quotas - financial press - (CN) According to China's State Electricity Regulatory Commission, clean energy accounted for about 21% of total power consumption in 2012 - Shanghai Daily - (JP) BNP Paribas analyst Kono: 'Abenomics' will not solve Japan's economic issues - Nikkei News interview - (JP) Inventory of aluminum at Japan's top 3 ports said to have increased to a 44-month high of 284-291K MT at the end of Dec - financial press - (US) Treasury Dept to deploy additional measures to help avoid hitting debt ceiling - press ***Equities*** - Hyudai Heavy 009540.KR: Awarded $600M order from Seaspan for 14K TEU ships - NTDOY: Planning to combine home video game console and handheld device business units - Japan press - IBKR: Reports Q4 $0.19 v $0.21e, R$259.6M v $273Me >- DELL: CNBC's Faber: Price talk for potential going private deal is in the $13.50-14/shr range; deal could get done within a week or two - CMG: Reports prelim Q4 $1.92-1.97 v $2.10e, Rev $699M v $692Me 

 

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."



Elevate Your Trading With The Amazing Trader!

The Amazing Trader includes:
  • Actionable trading levels delivered to YOUR charts in real-time.
  • Live trading strategy sessions.
  • Market Updates with Trading Tools.

Register To Test Your Amazing Trader


Trading Ideas for 15 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:

Thu 16 Nov
01:30 AU- Employment
09:30 GB- Retail Sales
10:00 EZ- final HICP
14:15 US- Industrial Production
Fri 17 Nov
13:30 CA- Retail Sales, CPI
13:30 US- Housing Starts and Permits

Forex Trading Outlook


Potential Trading Opportunities


  • POTENTIAL PRICE RISK: HIGH to Medium Wed -- 20:30 GMT AU- Employment data.

  • POTENTIAL PRICE RISK: HIGH Thu -- 09:30 GMT GB- Retail Sales.

  • POTENTIAL PRICE RISK: Mediun Thu -- 10:00 GMT EZ- final HICP. ECB targets inflation.

  • POTENTIAL PRICE RISK: Medium Thu -- NY Morning US- Import Prices, Philly Fed, Industrial, Production, NAHB. Usually not major movers.


  • POTENTIAL PRICE RISK: HIGH to Medium Fri -- 13:30 GMT CA- Retail Sales and CPI.

  • POTENTIAL PRICE RISK: HIGH to Medium Fri -- 13:30 GMT US- Housing Starts and Permits.



John M. Bland, MBA
co-founding Partner, Global-View.com

EXCLUSIVE: Global-View Daily Trading Chart Points Updated

EXCLUSIVE: Global-View Free Forex Database updated




TRADER ADVOCACY ARTICLES

Trader's Advocate Articles..

pic

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 Global-View.com.

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

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.

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