Forex News Blog
Back to The Headlines
Monday August 26, 2013 - 20:45:04 GMT
Share This Story
global-view.com - www.global-view.com
U.S. Durable Goods weak. Tues sees German IFO data
|U.S. Durable Goods weak. Tues sees German IFO data|
27 August 2013 00:00 gmt
CALENDAR: Far East: No Major Data. Europe: DE- IFO Survey. North America: US- Case-Shiller, Richmond Fed, CB Consumer Confidence, 2-yr, API Energy
- HIGH IMPACT ITEMS: DE- IFO Survey, US- Case-Shiller, CB Consumer Confidence, 2-yr
- Comments by U.S. Secretary of State Kerry that were taken as a threat against Syria in mid-afternoon trade weighed on equities and gave the EURUSD a boost in a quiet market.
- The U.S. Treasury announced that it expects the U.S. to hit its debt ceiling by mid-October. this could set up a major budget battle with Congress at that time.
- U.S. Durable Goods orders were substantially weaker than expected on the U.S. open. The data include a lot of very big ticket items, as a result, the data tend to be very volatile.
- We a looking ahead to Pending Home Sales on Wednesday after the shockingly weak New Homes Sales last Friday.
- The Fed strategy is to keep short-term rates low and hope the phase out its support of the long end of the maturity spectrum (QE Asset purchases) has no adverse consequences. Keep an eye on long-term (10 and 30 yr bond yields) to see what the bond vigilantes are telling us.
- Key German IFO data are due on Tuesday. U.S, Consumer Confidence data are set for that day as well. Month end also sees the usual slew of Japanese data.
- For additional key items and more detail (dates, times, data estimates), be sure to reference our Economic Calendar and see the FOREX FORUM for latest key data and charts as they are released.
||JGB 0.77% 0bp
||Asia Close Mixed|
||Bund 1.93% -1bp
||U.S. 2.81% -1bp
||North America: Lower|
Forex Trading News
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
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:
Register To Test Your Amazing Trader
- Actionable trading levels delivered to YOUR charts in real-time.
- Live trading strategy sessions.
- Market Updates with Trading Tools.
Trading Ideas for 21 November 2017
Register for the Amazing Trader
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
All Day flash PMIs
13:30 CA- Retail Sales
Fri 24 Nov
All Day flash PMIs
09:00 DE- IFO Survey
US- Early Closes
Potential Trading Opportunities
John M. Bland, MBA
- 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
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..