User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday July 5, 2013 - 08:58:01 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: Asian bourses rise on hints of easing by European central banks; all eyes on US Jobs data***Economic Data*** - Source TradeTheNews.com

- (JP) JAPAN MAY PRELIMINARY LEADING INDEX CI: 110.5 V 101.2E; COINCIDENT INDEX CI: 105.9 V 96.2E (6th straight rise) - (AU) AUSTRALIA JUN AIG PERFORMANCE OF CONSTRUCTION INDEX: 39.5 V 35.3 PRIOR - (JP) JAPAN JUN OFFICIAL RESERVE ASSETS: $1.24T V $1.25T PRIOR - (TW) TAIWAN JUN CPI Y/Y: 0.6% V 0.6%E; WPI Y/Y: -1.9% V -2.4%E - (PH) PHILIPPINES JUN CONSUMER PRICE INDEX (CPI) M/M: 0.6% V 0.5%E; Y/Y: 2.8% V 2.7%E; CORE CPI: 2.9% V 2.8%E - (MA) MALAYSIA MAY TRADE BALANCE (MYR): +2.5B V +1.2BE - (CO) COLOMBIA JUN PRODUCER PRICE INDEX M/M: 0.2% V 0.2% PRIOR; Y/Y: -0.2% V -2.1% PRIOR ***Markets Snapshot (as of 04:00 GMT)*** - Nikkei225 +1.3% - S&P/ASX +0.7% - Kospi -0.1% - Shanghai Composite +0.1% - Hang Seng +1.3% - Sept S&P500 1624.50 (electronic trade) - Spot gold $1,245.10; -0.4% - Aug crude oil -0.2% at $101.07/contract ***Observations/Insights*** - With US markets close on Federal holiday, Asia bourses tracked the strong gains in the European markets following the decision by both the ECB and BoE to keep rates unchanged and issue forward guidance. Investor sentiment was also buoyed up by suggestions that both central banks intend to maintain an accommodative policy for 'an extended period'. - Korea's Kospi was lower as investor sentiment was driven lower by the release of Samsung Electronics preliminary Q2 profits, which came in less than forecast. - The Nikkei225, boosted by a weakened yen, rose by 1.25% to a 1-month high in the morning session. Nearly all 33 sectors were in positive territory following supportive comments out of the European Central Bank. - Markets await the release of non-farm payrolls data out of the US later today. ***Fixed Income/Commodities/Currencies*** - (JP) Japan BoJ offers to purchase 300B in govt debt with maturities over 10-yr, 110B with maturities up to 1-yr from the market - (AU) Australia MOF (AOFM) sells A$700M in 4.75% 2016 Bonds; avg yield: 2.800%; bid-to-cover: 5.73x - EUR/USD: Barclays lowers 1-month forecast to 1.28 from 1.32 prior - (KR) South Korea may offer KRW700B in corporate bonds - financial press ***Speakers/Political/In the Papers*** - (CN) China vice Fin Min Zhu reiterates China govt calls for US market economy status and to lift curbs on high-tech exports - China still attempting to assess the size of local govt debt; local debt likely larger than forecasted. >- (CN) China studying measures to expand property tax pilot program, launch nationwide information network and unify real estate registration so as to control home prices in long-term - financial press - (CN) China assistant foreign minister Zheng: To discuss financial stability, trade and expanded investments between US and China - (CN) China govt considers accessing more organizations and individuals to commodities futures trading in foreign exchanges - (CN) China Federation of Logistics & Purchasing (CFLP) reports China June logistics prosperity index 53.1% - 0.1% m/m - (CN) State Information Center official Niu forecasts investment remains as main driver for economic growth in H2 - (CN) China PBoC inspector Liu: PBoC to study normalizing Asset-Backed Securities (ABS) business - (CN) China State Council approves to expand bonds issuance from more local govt - financial press - (CN) OCBC cuts China 2013 GDP forecast to 7.7% from 8.0% prior due to liquidity shortage - (JP) BOJ to discuss China risk on domestic economic recovery - financial press - (JP) Japan Bank Group plans to appoint external auditor per plans to prevent TIBOR manipulation - financial press - (AU) Australia PM Rudd: Urbanization is transforming Asia; Indonesia to be one of the largest economies in the world; China and Indonesia free trade agreements are top on the list. - press conf (Indonesia) - (AU) National Australia Bank (NAB) sees Australia FY13/14 wheat production at 24MT, exports at 15.8MT - (NZ) New Zealand Treasury releases govt financial statements: Forecasts better than expected tax revenue to persist - (NZ) New Zealand Fin Min English: On track for FY14/15 surplus - financial press - (KR) Foreign Net Investment in South Korea stocks for June declined by KRW5.1T (most since Aug 2011) - (KR) South Korea Fin Min Hyun: To unveil investment deregulation steps next week - financial press - (IN) Goldman Sachs lowers India FY14 GDP forecast to 6.0% from 6.4% prior; lowers FY15 GDP to 6.8% from 7.3% prior - financial press - (TH) Thailand Central Bank to cut GDP forecast next week - financial press ***Equities*** - Samsung Electronics 005930.KR: Reports prelim Q2 Op proft KRW9.5T v KRW10.0Te, Rev KRW57.0T v KRW58Te - Yuexiu Property 123.HK: Reports H1 contracted sales CNY8.6B, +21% y/y - Hulic 3003.JP: Raises FY13/14 Pretax guidance to 24.0B +20% y/y (prior 22.5B +12% y/y) - Nikkei News - Nippon Paper 3863.JP: May report Q1 op profit 4B -30% y/y, Rev 250B flat y/y - Nikkei News - Softbank 9984.JP: Added 248.1K new subscribers in May v 298.0k in May - KDDI Corp 9433.JP: Added 232.2K new subscribers in June v 227.0K in May - NTT DoCoMo 9437.JP: Lost 5.9K net subscribers in June v net gain 91.8K in May - Source TradeTheNews.com

 

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 21 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:


Tue 21 Nov
15:00 US- Existing Homes Sales
23:00 US- Yellen Speech
Wed 22 Nov
13:30 US- Weekly Jobless
13:30 US- Durable Goods
15:00 US- final University of Michigan Survey
15:30 US- EIA Crude
19:00 US- FOMC Minutes
Thu 23 Nov
US/JP- Holiday
All Day flash PMIs
13:30 CA- Retail Sales
Fri 24 Nov
All Day flash PMIs
09:00 DE- IFO Survey
US- Early Closes

Forex Trading Outlook


Potential Trading Opportunities


  • POTENTIAL PRICE RISK: HIGH Mon -- 14:00 GMT EZ- Draghi speaks in Brussels. Looking for any policy hints or bias


  • POTENTIAL PRICE RISK: HIGH Tue -- 13:30 GMT US- Existing Homes Sales. Top Housing Statistic

  • POTENTIAL PRICE RISK: HIGH Tue -- 23:30 GMT US- Yellen Speech. Early evening. Looking for anything on policy


  • POTENTIAL PRICE RISK: Medium Wed -- 13:30 GMT US- Weekly Jobless, Durable Goods
  • POTENTIAL PRICE RISK: Medium Wed -- 15:00 GMT US- final University of Michigan Survey
  • POTENTIAL PRICE RISK: Medium Wed -- 15:30 GMT US- EIA Crude
  • POTENTIAL PRICE RISK: HIGH Wed -- 19:00 GMT US- FOMC Policy Minutes. Key policy release


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