User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday June 17, 2013 - 07:17:50 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Volatility subsides as talk of Fed taper takes the backseat to weak US consumer confidence - Source

(NZ) NEW ZEALAND Q2 WESTPAC CONSUMER CONFIDENCE: 116.6 V 110.8 PRIOR - (NZ) NEW ZEALAND MAY PERFORMANCE SERVICES INDEX: 56.2 V 56.2 PRIOR - (JP) JAPAN MAY TOKYO CONDOMINIUM SALES Y/Y: +49.2% V -2.8% PRIOR - (UK) UK JUN RIGHTMOVE HOUSE PRICES M/M: 1.2% V 2.1% PRIOR; Y/Y: 2.7% V 2.5% PRIOR - (SG) SINGAPORE MAY ELECTRONIC EXPORTS Y/Y: -13.2% V -9.0% PRIOR; NON-OIL DOMESTIC EXPORTS M/M: -1.1% V -0.2%E; Y/Y: -4.6% V -1.0% PRIOR - (AU) AUSTRALIA MAY NEW MOTOR VEHICLE SALES M/M: 0.0% V -1.7% PRIOR; Y/Y: 0.2% V 3.2% PRIOR - (JP) JAPAN APR TERTIARY INDUSTRY INDEX M/M: 0.0% V 0.2%E ***Markets Snapshot (as of 03:30 GMT)*** - Nikkei225 +1.2% - S&P/ASX +0.4% - Kospi -0.1% - Shanghai Composite -0.1% - Hang Seng +1.2% - Jun S&P500 +0.4% at 1,625 - Aug gold +0.2% at $1,390/oz - Jul crude oil -0.3% at $97.55/brl ***Observations/Insights*** - Asian markets are trading mixed entering the new week with an eye on the Wednesday announcement from the Federal Reserve. Disappointment from the UofM consumer confidence out of the US on Friday, on top of the Hisenrath argument tempering expectations for immediate tapering and higher rates, appears to have tilted the scales more in favor of a dovish statement, boosting higher-yielding commodity FX at the expense of the funding currencies. AUD/JPY and NZD/JPY are up nearly 100pips each, helping Nikkei225 outperform the regional bourses. Shanghai Composite is constrained by liquidity concerns after the Ministry of Finance failed to sell the full CNY15B in 9-month bills on Friday for the first time since July of 2011. In addition, credit agency Fitch's warning that China's credit bubble is unprecedented in modern world history weighed in on investor sentiment. - An active geopolitical spectrum over the weekend made up for the absense of the market moving developments. Iran elected a moderate president to take place of the outgoing Ahmadinejad without the need for a run-off, North Korea reached out to the US with an offer of talks to diffuse the tensions related to its nuclear program, while Russia amped up its opposition to the US-armed Syrian rebels on the eve of a 2-day G8 summit. ***Fixed Income/Commodities*** - (KR) South Korea sells 10-yr gov't Bonds; avg yield 3.190% - (CN) PBoC sets yuan mid point at 6.1598 v 6.1308 prior close (record high setting for yuan) - (JP) BOJ offer to buy 110B in up to 1-yr JGBs, 100B in 1-3 yr JGBs and 400B in 3-5yr JGBs - (AU) According to Surbiton Associates, Australia Q1 gold production was down 5% q/q at 2.04M oz - Australian press - (CN) China's benchmark 7-day bond repo rate rose 48bps on Friday - highest level since Jan 2012 - (CN) China Ministry of Finance failed to sell full CNY15B in 9-month bills on Friday; First failed auction since July 2011 - press ***Speakers/Political/In the Papers*** - (CN) PBoC has refrained from supporting the interbank market - Chinese Press - (CN) Beijing plans to strengthen home presale permit management - financial press - (CN) PBoC official Xing: Yuan cross-border use for investing and financing should expand - (CN) China CSRC official Zhu Congji: China 2013 GDP may reach 8.1% v 7.5% official target - Chinese press - (CN) Telegraph's Ambrose Evans-Pritchard warns China credit bubble is unprecedented in modern world history - (CN) Nomura analyst: We believe the series of policy-tightening measures applied to the shadow-banking sector in the past three months has reached a critical mass; Deleveraging in China banking sector has started - (CN) Shanghai new home sales +18.29% w/w at 227.7K sqm; new home price -4.52% w/w at CNY23.4K/sqm - Uwin - (JP) Japan govt to seek tax breaks for corporate investments this year - Japan press - (AU) ANZ head of interest rates: Australia bonds looking firmer as AUD stabilizes on expectation of Fed maintaining size of asset purchases - The Australian - (AU) BoA/ML cuts Australia 2014 GDP forecast to 2.4% from 2.9% prior - (AU) ANZ CEO: China about to do for Australian farmers what it did for miners last decade - NZ press - (KR) South Korea Fin Min Hyun: Sees 2014 GDP approx 4% achievable - (KR) Bank of Korea (BoK) Gov Kim: Sees Q2 GDP likely around 0.8% against prior Q1 - financial press - (KR) South Korea Minister of Land, Infrastructure and Transport: Considering overhauling housing property tax code - Korean press - (KR) Bank of Korea (BOK): Efforts by US, Japan likely to stabilize global markets; South Korea faces upside, downside risks - (KR) North Korea calling for first talks with the US in over a year to discuss nuclear disarmament and a peace treaty - financial press - (HK) Hong Kong Monetary Authority (HKMA) exec: daily transaction volume of Yuan under Real Time Gross Settlement system (RTGS) in May at CNY390B (first time exceeds HK dollar volume HK$487B) - (NZ) According to New Zealand Institute of Economic Research (NZIER) survey indicates New Zealand economists lower FY13/14 inflation forecasts to 1.6%; Maintain FY13/14 GDP forecast 2.7% - (NZ) BNZ economist: NZ house listings may fall; Rising number of real estate agents asking for fewer appraisals - financial press - (NZ) According to a survey of economists, New Zealand Q1 GDP seen around 0.6% q/q vs 1.5% in Q4 - NZ Herald - (US) JPMorgan: Fed Chairman Bernanke will likely look to avoid speculation on the timing of the first taper but rather emphasize its incremental nature when it does arrive - (SY) US decision to arm rebel forces in Syria prompting Iran to send about 4K of its troops in support of Pres Assad - UK press - (IR) Hassan Rohani won Iranian presidential elections with 50.7% of the vote; 2nd round run-off is avoided - (IT) Italy cabinet approved 3B program in emergency measures (called 'To Do' law) designed to boost growth and create as many as 30K new jobs in infrastructure sector alone - financial press ***Equities*** - QAN.AU: China Southern said to have considered taking a strategic ownership stake in Qantas early in 2013 - AFR - FCG.NZ: Said to remain confident regarding the prospects of its push into China's branded infant formula market - NZ Herald - Mazda 7261.JP: Set FY15 Japan sales target at 220K vehicles, roughly unchanged from FY13 target - Japan press - Kansai Electric 9503.JP: Regulators founnd no critical issues with Oi nuclear facility; to allow reactors to remain online - Japanese press - Source


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