User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday August 19, 2013 - 09:30:37 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: China July property price growth slows slightly; Japan trade deficit widens; Thailand in recession***Observations/Insights*** - Source TradeTheNews.com

- Egypt's key equity index plunges nearly 4% as violence continues across the country; West calls use of force "excessive" and urges authorities to end the bloodshed, while Islamist supporters in Turkey and Israel march to restore Morsi to power. >- China July home price data showing slower sequential gains as analysts speculate the existing curbs will persist for several more months. - Australia's opposition continues to widen the lead on ruling Labor party with 3 weeks to go to elections. - Japan merchandise trade balance in deficit as rising imports and large energy bill outweigh hefty export increase; Exports to US and Europe up double-digits. - Among notable companies reporting earnings, Bluescope is down 16% on soft outlook, Amcor down 0.7%, Rusal down 4.1%. ***Economic Data*** - (CN) China Jul New Home Prices M/M: Rises in 62 of 70 cities vs 63 prior; y/y: Prices Rise in 69 of 70 Cities vs 69 Prior (update) - (JP) JAPAN JULY MERCHANDISE TRADE BALANCE TOTAL: -1.02T (3rd largest deficit on record for July) V -773.5BE; ADJUSTED MERCHANDISE TRADE BALANCE: -944.0B (largest deficit in 4 months) V -741.3BE - (AU) AUSTRALIA JUL NEW MOTOR VEHICLE SALES M/M: -3.5% (largest decline in 26 months) V +3.6% PRIOR; Y/Y: 3.0% V 6.9% PRIOR - (NZ) NEW ZEALAND Q2 PRODUCER PRICES INPUTS (PPI) Q/Q: 0.6% V 0.8% PRIOR; OUTPUT Q/Q: 1.0% V 0.8% PRIOR - (NZ) NEW ZEALAND JUL PERFORMANCE SERVICES INDEX: 58.1 V 55.0 PRIOR (10th consecutive month of expansion) - (TH) THAILAND Q2 GROSS DOMESTIC PRODUCT (GDP) Q/Q: -0.3% V +0.2%E (2nd consecutive negative quarter; Slips into recession); Y/Y: 2.8% 3.3%E - (UK) UK AUG RIGHTMOVE HOUSE PRICES M/M: -1.8% V +0.3% PRIOR (1st decline in 8 months); Y/Y: 5.5% V 4.8% PRIOR ***Fixed Income/Commodities*** - (CN) China MOF sells 3-yr 4.29% and 5-yr 4.43% local govt debt - (JP) BOJ to buy 2T in T-bills outright on Aug 21st - GLD: SPDR Gold Trust ETF daily holdings rise by 2.4 tonnes to 915.3 tonnes (highest level since 917.1 tonnes on Aug 5th) as of Aug 16th ***Currencies*** - AUD at 3-week highs above $0.9230; NZD at 2-month high above $0.8120 against the dollar as local bond yields continue to track the yields on US treasuries higher. USD/JPY backs away from 98 handle as cabinet officials grapple with consumption tax increase plans. - EUR, GBP in narrow 20-pip ranges around $1.3330 and $1.5630 - USD/INR: INR currency (Rupee) hits new fresh record lows against USD, moving above INR62.35 level ***Speakers/Political/In the Papers*** - (CN) China may keep its current property curbs in place until at least October; Hangzhou City may levy a property tax in 0.5-1.0% range - Chinese press >- (CN) China Stats Bureau economist Liu: China's 2nd tier cities saw some deceleration in price gains - Shanghai Daily - (CN) According to Chinese economists survey, the largest challenge for China is local govt debt; 77% of the economists participated are positive on achieving 7.5% GDP target and above in 2013 - (CN) China may increase investment level in H2 to boost economy - Chinese press - (CN) China to suspend restrictions on foreign investment in proposed new "free trade zones" - financial press - (JP) Japan PM Abe's adviser Honda: 3pct increase in sales tax will cause drastic decline in consumption; Recommends that the tax is raised by 1pt per year for 5 years - Nikkei News - (JP) Japan survey finds over two thirds of companies see the need for planned sales tax hike - Kyodo News - (AU) Recent polls indicate opposition may form govt in national election - financial pres - (EG) Egypt's EGX 30 Index closes down 3.9% at 5,334; biggest decline in 6 weeks - (EG) UN Secretary General Ban Ki-Moon calling for end to violent protests and "excessive use of force" ***Equities*** Markets Snapshot (as of 03:30 GMT): - Nikkei225 +0.2%, S&P/ASX +0.2%, Kospi -0.3%, Shanghai Composite -0.3%, Hang Seng -0.1%, Sept S&P500 +0.1% at 1,653, Dec gold +0.7% at $1,381, Sept crude oil -0.1% at $107.39/brl US markets: - BX: Said to be in talks with Goldman Sachs to acquire a stake in Rothesay Life - Goldman's UK pensions insurance business; unit valued around 750-950M - UK press Notable movers by sector: - Materials: Pacific Metals 5541.JP +5.9%; Bluescope Steel BSL.AU -16.1% after posting weak FY13 results and warning H1 forecasts would be lower than H2 due to weak domestic demand; Yancoal Australia YAL.AU -2.8% with heavy H1 net losses; Newcrest Mining NCM.AU +0.8%; Perseus Mining PRU.AU +10.2%; Kingsgate Consolidated KCN.AU +11.9%; Australian gold miners were in positive territory with gold near two-month highs - Industrials: Kajima Corp 1812.JP +3.3%; Taisei Corp 1801.JP +1.5%; Mitsubishi Chemical 4188.JP -2.7%; Kawasaki Heavy 7012.JP +1.4% following a team up with Rolls Royce on the development of a new aircraft engine; STX O&S 067250.KR -14.9%, Hyundai Motor 005380.KR -1.7% on reports of failed wage talks, Rusal 486.HK -3.3% after reporting a Q2 Net loss - Energy: JX Holdings 5020.JP +2.9% - Financials: Challenger Financial Services CGF.AU +7.8% on FY13 profits and higher FY14 dividend - Telecom: Softbank Corp 9984.JP +2.6% - Technology: Tokyo Electron 8035.JP +2.7% - Utilities: TEPCO 9501.JP -3.9% - Consumer Discretionary: Citizen Holdings 7762.JP -3.1% - 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