User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday June 26, 2013 - 05:47:25 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China markets still under pressure depite Wall St rally and rumors of PBoC liquidity injection - Source

- (KR) SOUTH KOREA JUL BUSINESS SURVEY MANUFACTURING: 78 V 82 PRIOR (4-month low); NON-MANUFACTURING: 69 V 69 PRIOR - (US) API PETROLEUM INVENTORIES CRUDE: -28K V -2ME; GASOLINE: +1.33M V +1ME; DISTILLATE: +525K V +0.5ME ***Markets Snapshot (as of 04:00 GMT)*** - Nikkei225 -0.9% - S&P/ASX -1.3% - Kospi -0.4% - Shanghai Composite -1.3% - Hang Seng +0.9% - Sept S&P500 -0.4% at 1,575 - Aug gold -2.1% at $1,249/oz - Aug crude oil -0.8% at $94.56/brl - Spot Gold, Silver fall to lowest levels since 2010 tracking USD strength; Gold falls $30 below $1,245; Silver down $0.90 below $18.80 - Copper reverses initial gains above $3.09, Falls below $3.03 - EUR/USD at 3-week lows below $1.3060; EUR/JPY, AUD/JPY down about 60pips from session highs ***Observations/Insights*** - World Bank uneasy over the impact of Fed's tapering intention on global economy. - China liquidity crunch continues to ease, as 7-day repo rates fall for the 4th consecutive session, to low 7%; Still well above the 3% long-run average; Press reports hinting PBoC may step in with liquidity for bigger banks as analysts speculate policymakers will look to avoid disorderly credit squeeze. - Shanghai Composite open the day higher before falling about 1% going into midday break. - Gold, Silver plummet amid continued dollar bullish sentiment, higher US Treasury yields, and more selling in key ETF holdings in the US session - Investors looking ahead toward statement from Japan PM Abe, last press conf by BOE Gov King, US Q1 final GDP. ***Fixed Income/Commodities/Currencies*** - (CN) China 1-yr swap falls by 36bps to 3.71% (lowest since June 14th) >- (CN) China 7-day repo rate declines to 7.17% from 7.44% prior (declines for the 4th consecutive session) - (CN) China MOF sells 3-yr bonds, avg yield 2.87%; sells 30-yr bonds, avg yield 3.95% in Hong Kong; Sells 5-year bonds at 3.02% - GLD: SPDR Gold Trust ETF daily holdings fall by 16.2 tons to 969.5 ton (lowest since 935.1 tons in Feb of 2009) - SLV: iShares Silver Trust ETF daily holdings fall 9,881 to tons from 10,074 tons (lowest level since 9,871 in Dec, 2012) - AUD/USD: Westpac: AUD fair value has fallen to $0.91-92; May remain in mid $0.90's in 2014 ***Speakers/Political/In the Papers*** - (CN) China June new loans may be in range of CNY700-800B v CNY667.4B m/m- Chinese press - (CN) BoA/ML chief China economist Lu Ting: Does not expect a hard landing in China; Credit squeeze will have to end soon - China Daily >- (CN) Credit tightening by commercial banks expected to spill over into property market; Smaller developers to lower prices later this year - China Daily - (CN) China Banking Regulatory Commission (CBRC): Bad loans are rising this year - Chinese press - (HK) Property consultants and agents estimates Hong Kong home prices could fall up to 10% in H2 and see sharp decline in transaction volume due to Fed 's talk - financial press - (JP) Japan deputy economy minister Nishimura: Japan economic strength to be seen in equities - (JP) According to a local property management company, Tokyo rental contracts rose 10% y/y to 18.6K (12th consecutive increase; 1st double-digit rise in 6 months) - Nikkei News - (AU) Deutsche Bank analyst: Current Australia federal, state budget deficits for FY13/14 are too optimistic; Sees federal deficit about A$10B bigger than estimated - financial press >- (AU) Australia Bureau of Resources and Energy Economics (BREE): forecasts FY13/14 resources, energy exports at A$197B v A$177B in FY12/13 - financial press - (AU) Group of ruling Labor party MPs considering a petition to directly challenge PM Gillard; Showdown with rival Kevin Rudd may happen as early as Thursday - AFR - (AU) Business Council of Australia (BCA): End of resources boom is showing Australian economy "as is"; Days of double-digit growth are in the past - Australia press - (NZ) New Zealand Fin Min English: Concerned about China credit conditions impact on New Zealand's economy; markets are too focused on comments from Central Bankers - financial press interview - (KR) Korea Chamber of Commerce and Industry (KCCI): According to a survey of about 1K manufacturers, corporate investment is expected to rise slightly in H2 - Korean press - (KR) South Korea Fin Min Hyun: Financial market volatility is widening; overreacting to possible liquidity squeeze - (TW) Taiwan President Ma proposes "three arrows" to boost economy - Taiwan press - Goldman Sachs lowers 2013 and 2014 GDP projections in Thailand, Malaysia and Singapore - (US) Treasury Sec Lew: Impact of US sequestration starting to sink in - financial press - (UK) BoE Miles (dove): Should not be in a hurry to normalize policy; UK may require further stimulus - (BR) Brazil Central Bank: Lifting reserve requirements on banks holding short USD positions; effective Jul 1st ***Equities*** - MBE.AU: Sees FY13 EBITDA A$850K, +165% y/y; Rev seen at A$12M v A$11.4M y/y - SDL.AU: To proceed with plans to develop West African iron ore assets despite the collapse of its A$1.3B deal with the Hanglong group 3 months ago - Australian press - Unicharm 8113.JP: May report Q1 op profit +10% y/y around 17B (record for the quarter); Rev seen rising 17% to about 140B - Nikkei News - TEPCO 9501.JP: Japan govt to provide additional 666.2B to help TEPCO pay compensation from 2011 Fukushima disaster - Nikkei News - (JP) Japan's major banks to raise mortgage rates by 5-10bps for the 3rd consecutive month in July - Nikkei News - ICBC 1398.HK: Yuan loan to deposit ratio at approx 60%, below the 75% required level - Chinese press - AVAV: Reports Q4 -$0.04 v -$0.09e, R$54.1M v $51.4Me; +5.7% afterhours - SNX: Reports Q2 $0.81 v $0.81e, R$2.59B v $2.50Be; -3.8% afterhours - APOL: Reports Q3 $1.05 v $0.85e, R$946.8M v $963Me; -4.5% afterhours - SYNA: Guides Q4 higher to R$227-230M v $199Me ($190-205M prior guidance); +14.4% afterhours - 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.

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