User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday July 29, 2013 - 05:55:06 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: Nikkei tracks stronger JPY to a 1-month low; China industrial profits slow; Egypt violence escalates - Source TradeTheNews.com

(CN) CHINA JUN INDUSTRIAL PROFITS Y/Y: 6.3% V 15.5% PRIOR; YTD: 11.1% v 12.3% PRIOR >- (JP) JAPAN JUNE LARGE RETAILERS' SALES: 3.5% V 3.6%E; RETAIL TRADE M/M: -0.2% V +0.8%E (first decline in 3 months); Y/Y: 1.6% V 2.1%E (fastest rise since May 2012) - (KR) SOUTH KOREA AUG BUSINESS SURVEY MANUFACTURING: 73 V 78 PRIOR (6-month lows); NON-MANUFACTURING: 67 V 69 PRIOR - (UK) UK JULY HOMETRACK HOUSING SURVEY M/M: 0.3% V 0.4% PRIOR; Y/Y: 1.3% V 0.8% PRIOR ***Markets Snapshot (as of 03:00 GMT)*** - Nikkei225 -2.3% - S&P/ASX flat - Kospi -0.4% - Shanghai Composite -1.3% - Hang Seng -0.5% - Sept S&P500 -0.1% at 1,684 - Aug gold +0.5% at $1,329 - Aug crude oil -0.2% at $104.44/brl ***Observations/Insights*** - Nikkei225 is selling off sharply once again as pre-Fed USD weakness on expectation of commitment to easing is being felt most acutely in the USD/JPY, which fell to a 1-month low below 98 handle. Decision on the timing and the extent of consumption tax increase is still in focus, with PM Abe reported to have hired a team to evaluate a number of options. S&P said it would be comfortable if the timing of the sales tax increase was altered. - China reported June industrial profits late on Friday, confirming the alarming deceleration seen last week in the HSBC flash manufacturing PMI. Shanghai Composite is the 2nd worst index among the majors, further weighed down by announcement China is conducting an audit of all govt debt and the extent of official liabilities. - Political tensions in Egypt have escalated to a boiling point early in the weekend when security forces fired live rounds at pro-Morsi marchers, resulting in over 70 deaths. International monitors have voiced strong opposition to violence and EU's Ashton is travelling to meet with the new govt leaders. ***Fixed Income/Commodities*** - (JP) BoJ offer to buy 450B in 5-10 yr JGB and 20B in inflation-linked govt bonds ***Speakers/Political/In the Papers*** - (CN) China National Audit Office calling for an audit of all govt debt amid rising concern regarding the extent of official liabilities - financial press - (CN) China Bank of Communications (BoCom) Strategist Hong: China debt level is severe but will not burst yet - financial press - (CN) China Banking Regulatory Commission (CBRC) Chairman Shang: small companies need more credit support - People's Daily - (CN) China central govt said to order to control budget deficit below 3% of GDP - Yicai.com - (CN) More China businesses expected to seek offshore loans amid tightening credit conditions - FT - (JP) S&P: Altering sales tax hike plan does not necessarily mean Credit Negative for Japan - (JP) Japan utilities may raise home power rates by as much as 9% - Asahi - (JP) Japan Chief Cabinet Sec Suga: PM Abe to decide whether to proceed with the planned consumption tax increase before the fall Diet session in Sept - Nikkei News - (JP) Japan PM adviser Iijima hints at Japan-China summit soon - Kyodo News - (AU) RBA's Edwards: Australian economy is fragile; Expenditure review committee of the Federal Labor government should not make large cuts to spending or introduce large tax increases - AFR - (KR) Bank of Korea (BOK) Gov Kim: Financial markets have stabilized, giving further momentum to growth - Korean press - (KR) South Korea Unification Ministry said to have made its "final offer" to North Korea on restarting talks on Kaesong industrial zone - financial press - (IN) Credit Suisse economists: Interest rate cut in India is not likely at next week's meeting despite the weak economy because of recent pressure on the rupee - financial press - (TW) Taiwan govt to review luxury tax - Taiwanese press - (EG) Supporters of Egypt's deposed pres Morsi vow to continue protests despite the bloodshed earlier - financial press - (IL) Israeli govt has approved a bill to put any peace treaty with Palestinians to a national referendum - financial press - (US) Fed's Lacker (hawk, non-voter) suggests Fed end the bond buying program as soon as possible - financial press - (US) Larry Summers' affiliation with large banks said to potentially provide some of his critics with ammunition against his nomination as the next Fed chairman - US financial press - (US) PIMCO's Gross: Does not expect short term rates to start rising until core CPI hits 2.5% and core PCE reaches 2.0% - financial press - (US) Treasury Sec Lew: Need to get the debt limit extended without creating a crisis - financial press - (DE) German banks may be faced with new writeoffs and require additional capital ahead of the next round of European bank stress tests planned for 2014 - German press - (EU) ECB may soon start to publish the minutes of its Governing Council meetings - German press ***Equities*** - ELN: Said to be near $7.6B sale; Perrigo seen as the frontrunner - financial press >- OMC: Omnicom and Publicis Groupe to merge; to be called Omnicom Publicis Groupe- To create the biggest advertising firm valued at approx $35.1B - HON: Boeing said to have requested operators of most models to inspect Honeywell fixed emergency beacon - financial press - DELL: Founder Michael Dell does not support recapitalization, asset sales if buyout fails - financial press - SKS: Close to being acquired by Hudson's Bay; Bids seen in the $17-18/shr range - NY Post - LEI.AU: Thiess takes 100% ownership of Silcar, acquires 50% interest from JV partner Siemens - QBE.AU: May be liable for claims related to Friday's train crash in Spain - AFR - WHC.AU: Reports June quarter coal production at 2.247M tons; coal sales 1.807M tons - OZL.AU: Expects to see non-cash charge for asset impairment in range of A$200-240M - EVN.AU: Reports June quarter gold production 112.6K oz, +34% q/q; Expects to write down the value of its assets by A$350-400M - Boral BLD.AU: Sees FY12/13 net profit of A$90-105M v A$140Me - AFR - Mazda 7261.JP: May report Q1 op profit of 35.0B v 1.8B y/y - Nikkei News - Daito Trust 1878.JP: Reports Q1 Net 14.0B v 5.8B y/y, Op profit 22.0B v 9.6B y/y, Rev 286.5B v 244.7B y/y - Eisai 4523.JP: Receives positive CHMP opinion for Zonegran (Zonisamide) Paediatric license variation - KDDI Corp 9433.JP May report Q1 op profit around 160B, +70% y/y; Rev seen rising about 10% to 862B - Nikkei News - LG Uplus 032640.KR: Reports Q2 Op profit KRW144.8B, Rev KRW2.76T - Hon Hai 2317.TW: Said to be recruiting 90k China workers; awarded low-cost iPhone and iPad Mini 2 orders - financial press - 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 20 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:


Mon 20 Nov
14:00 EZ- Draghi Speech
15:00 US- Leading Indicators
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