User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday January 25, 2013 - 06:52:50 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Nikkei soars on new lows in Yen, Kospi slumps on weak results from Samsung - Source

***Economic Data*** - (JP) JAPAN JAN TOKYO CPI Y/Y: -0.6% V -0.6%E; TOKYO CPI EX-FRESH FOOD: -0.5% V -0.5%E >- (JP) JAPAN DEC NATIONAL CPI Y/Y: -0.1% V -0.2%E; NATIONAL CPI EX-FRESH FOOD: -0.2% V -0.2%E (4-month low) - (PH) PHILIPPINES NOV TRADE BALANCE: -$1.59B V -$832M PRIOR; TOTAL IMPORTS: 2.2% v 4.3% PRIOR; TOTAL MONTHLY IMPORTS: $5.14B V $5.24B PRIOR (update) - (SG) Singapore Q4 private home prices +1.8% y/y; 2012 prices +2.8% y/y - financial press - (US) NORTH AMERICA DEC SEMI BOOK TO BILL RATIO: 0.92 V 0.79 PRIOR (9th consecutive reading below parity, 2nd m/m rise) ***Markets Snapshot (as of 05:00 GMT)*** - Nikkei225 +2.1% - S&P/ASX +0.4% - Kospi -1.2% - Shanghai Composite -0.3% - Hang Seng -0.4% - Mar S&P500 -0.3% at 1,488 - Feb gold -0.1% at $1,667/oz - Mar Crude Oil -0.1% at $95.83/brl ***Notes/Observations*** - Asian equity markets are mixed, with much of the focus falling on outsized gains in Japan and steep declines in Korea. Traders squaring their USD/JPY longs in the wake of an underwhelming BOJ statement this week scrambled to get back in after more Japan cabinet officials gave the green light to the parity assault on 100, sending Nikkei225 back above 10,850. A fairly dovish "prequel" in the BOJ December meeting minutes that saw a voice in support of eliminating 0.1% paid on excess reserves, weak inflation figures, more comments defending the joint statement from Fin Min Aso, and ongoing expectations of better earnings from Japanese corporates on softer than anticipated yen have given equities plenty of tailwind to challenge 11,000 resistance, which would mark the highest level for the Nikkei since early 2010. - The Kospi appears to be on the opposite side of the coin, as currency strength and the impact of the FTA's reminded traders of the headwinds faced by Korean stocks. After a disappointing earnings report from Hyundai Motor overnight that saw shares fall over 2%, Samsung Electronics released a somewhat disappointing final Q4 report. Samsung guidance matched the caution from Apple earlier in the week, warning of slowing global smartphone markets while the outlook for PCs remained dim. Shares of Samsung Electronics are down nearly 3% late in the day. ***Currencies/Fixed Income/Commodities*** - USD/CNY: (CN) PBoC sets yuan mid point at 6.2805 v 6.2181 prior close (weakest CNY setting since Jan 8th) >- USD/JPY: Extending gains above 90.60; fresh 31-month high - EUR/JPY: Extending gains above 121 handle; 26-month high - SLV: iShares Silver Trust ETF daily holdings fall to 10,497 tons from 10,689 tons prior (lowest since Jan 15th) - GLD: SPDR Gold Trust ETF daily holdings fall by 2.4 tons to 1,331.7 tons (lowest since Oct 3rd) - (US) Weekly Fed Balance Sheet Assets Week ending Jan 23rd: $2.993T v $2.946T prior; M1: +$35.5B v -$17.3B prior; M2: -$26.6B v +$8.8B prior - (EU) George Soros: Euro is here to stay and likely to appreciate; Yen depreciation from BOJ policy is 'real' - Davos comments ***Speakers/Political/In the Papers*** - (CN) PBoC: Q4 loans to the property sector rose 12.8% y/y and 0.6% q/q to CNY12.1T - China Daily - (CN) China's Jan new yuan loans may total CNY1-1.2T - Chinese Press >- (CN) China incoming Pres Xi: Visit by Japan's New Komeito party leader Yamaguchi is important - (CN) China Labor Ministry: Dec urban registered jobless rate 4.1% vs. 4.1% in Sept - (CN) China's SAFE: May see large amount of FX flows in 2013 - financial press - (CN) Reports Dec China banks bought $169.6B in forex from clients; Sold $115.6B to clients; Net purchase of $54B - (CN) China Insurance Regulatory Commission (CIRC) prioritizing risk controls and consumer protection due to slowdown in insurance industry - Shanghai Daily - (CN) China Qualified Foreign Institutional Investors (QFII) given permission to trade index futures - Chinese press - (JP) Japan Fin Min Aso: BoJ move should not be criticized for currency manipulation - (JP) Japan govt may sell 43T in FY13/14, down from 44.2T in FY12/13 - Japan press - (JP) Japan could forecast 2.7% nominal GDP in FY13 - Japan press - (JP) Japan PM Abe seeking to accelerate debate on trade deals including TPP talks - Nikkei News ***Equities*** - Samsung Electronics 005930.KR: Reports Q4 final Net KRW7.0T v KRW7.1Te, Op profit KRW8.84T v KRW8.80Te, Rev KRW56.1T v KRW56.2Te; -2.6% - Hyundai Motor 005380.KR: CFO Lee: Higher KRW hurting net profit, Japanese autos continue to benefit from weaker yen, aims to increas US sales by 4.4% in 2013 - Kia Motor000270.KR: Reports Q4 Net KRW738B v KRW838Be; Op KRW404B v KRW621Be; Rev KRW11.3T v KRW11.4Te - KDDI 9433.JP: May report Q3 op profit around 155B, +32% y/y; Rev seen up slightly at 910B - Nikkei News - Nippon Steel 5401.JP: Toyota, Sumitomo Metal and Nippon Steel agree to cut sheet steel prices 4% - Nikkei News - Leighton LEI.AU: Thiess unit awarded 5-year A$175M water contract in Sydney - Alibaba 1688.HK: Partnering domestic retailers to build a nationwide logistics network to take advantage of online shopping growth - Shanghai Daily - FLEX: Reports Q3 $0.22 v $0.20e, R$6.12B v $5.99Be; -7.9% afterhours - MSFT: Reports Q2 $0.81(adj) v $0.75e, R$21.46B v $21.7Be; -1.5% afterhours - T: Reports Q4 $0.44 v $0.47e, R$32.6B v $32.2Be; -0.1% afterhours - JNPR: Reports Q4 $0.28 v $0.22e, R$1.14B v $1.13Be; +0.7% afterhours - CRUS: Reports Q3 $1.64 v $1.41e, R$310M v $282Me; +1.4% afterhours - SBUX: Reports Q1 $0.57 v $0.57e, R$3.8B v $3.83Be; +2.2% afterhours >- KLAC: Reports Q2 $0.63 v $0.56e, R$673M v $633Me; +2.4% 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 3 Dec 2018
A All Day Final Mfg PMIs
Tue 4 Dec 2018
A 04:30 AU- Reserve Bank Decision
Wed 5 Dec 2018
A All Day Final SVC PMIs
A 04:30 AU- CPI
A 13:15 US- ADP Jobs
A 13:30 US- Productivity
A 15:00 CA- Bank Of Canada Decision
A 15:30 US- EIA Crude
B 19:00 US- Beige Book
Thu 6 Dec 2018
AA 12:45 EZ- ECB Decision
AA 13:30 US/CA- Trade
A 13:30 US- Weekly Jobless
Fri 7 Dec 2018
A 10:00 EZ- GDP
AA 13:30 US/CA- Employment
A 15:00 US- Final Univ of Michigan

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