User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday September 2, 2013 - 04:37:58 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China manufacturing PMI hits 16-month highs; Syria strike pushed back while Obama waits on Congress***Observations/Insights*** - Source

Energy and precious metals markets down sharply as traders reprice the geopolitical risk premium after US Pres Obama delayed military action against Syria by seeking approval from Congress; Any potential strike postponed until the 2nd week of Sept at the earliest. >- China manufacturing PMI's - official and HSBC final figures - both in expansion; Every subcomponent of official PMI rising from July levels; Copper up over 2% in electronic trade after the official PMI report jumped to 16-month high. - China govt investigates the head of state-owned assets, as anti-corruption campaign takes aim at the first member of the new Central Committee. - Vodafone and Verizon said to be near agreement for the former to sell its stake in Verizon Wireless; Deal might be around $130B, made up of 50-50 cash and stock. - Australia economic data mixed - building approvals up sharply while TD inflation slows as markets await tomorrow's RBA policy decision. ***Economic Data*** - (CN) CHINA AUG MANUFACTURING PMI: 51.0 V 50.6E (16-month high) >- (CN) CHINA AUG FINAL HSBC/MARKIT MANUFACTURING PMI: 50.1 V 50.2E (1st expansion in four months) - (AU) AUSTRALIA Q2 COMPANY OPERATING PROFIT: -0.8% V +0.9%E; INVENTORIES Q/Q: 0.2% V 0.1%E - (AU) AUSTRALIA JUL BUILDING APPROVALS M/M: 10.8% V 4.0%E (14-month high); Y/Y: 28.3% V 20.0%E - (AU) AUSTRALIA AUG TD SECURITIES INFLATION M/M: 0.1% V 0.5% PRIOR; Y/Y: 2.1% V 2.7% PRIOR - (AU) AUSTRALIA AUG RPDATA/RISMARK HOUSE PX ACTUAL: 0.5% V 1.6% PRIOR - (AU) AUSTRALIA AUG AIG PERFORMANCE OF MANUFACTURING INDEX (PMI): 46.4 V 42.0 PRIOR (in contraction for 19th month) - (NZ) NEW ZEALAND Q2 TERMS OF TRADE INDEX Q/Q: 4.9% V 3.8%E - (JP) JAPAN Q2 CAPITAL SPENDING Y/Y: 0.0% V -2.1%E; CAPITAL SPENDING EX-SOFTWARE: +1.4% V -3.8%E - (KR) SOUTH KOREA AUG TRADE BALANCE: $4.92B V $2.54 PRIOR; Exports y/y: 7.7% v 2.6% prior; Imports y/y: 0.8% v 2.7% prior - (KR) SOUTH KOREA AUG CPI M/M: 0.3% V 0.4%E; Y/Y: 1.3% V 1.5%E; CPI CORE Y/Y: 1.3% V 1.5% PRIOR - (KR) SOUTH KOREA AUG HSBC/MARKIT MANUFACTURING PMI: 47.5 V 47.2 PRIOR - (ID) INDONESIA AUG HSBC/MARKIT MANUFACTURING PMI: 48.5 V 50.7 PRIOR; 15-month low - (TW) TAIWAN AUG HSBC/MARKIT MANUFACTURING PMI: 50.0 V 48.6 PRIOR - (UK) UK AUG HOMETRACK HOUSING SURVEY M/M: 0.4% V 0.3% PRIOR; Y/Y: 1.8% V 1.3% PRIOR ***Fixed Income/Commodities/Currencies*** - (JP) BOJ offers to buy 350B in 3-5 yr govt debt and 250B in 1-3 yr govt debt, and 110B in up to 1-yr in govt debt - (KR) South Korea sells 30-yr govt Bonds; avg yield 3.890% - (CN) China MOF to sell CNY26.2B 5-yr bonds for local govt - press - SLV: iShares Silver Trust ETF daily holdings fall to 10,537 tons (first decline since Aug 6th) from 10,600 tons - update as of Aug 30th - AUD, NZD up over 0.7% after 16-month high in China manuf PMI - AUD/USD up 70pips above $0.8960, NZD/USD up 70pips above $0.7780. - JPY also softer amid pronounced risk-appetite - USD/JPY up 50pips above 98.60, EUR/JPY up 60pips around 130.60, GBP/JPY up 130 pips above 153.40. Cable also outperforms due to speculation over Sterling demand from Verizon-Vodafone deal - GBP/USD up 50pips at $1.5560 - INR remains under pressure as USD/INR opens up 0.7% above INR66.10 ***Speakers/Political/In the Papers*** - (CN) China announces investigation into Jiang Jiemin, the head of Chinas state-owned assets - press - (CN) China to expand securitization in lending for small companies - Chinese press - (CN) China Aug New Home Prices M/M: +0.92% v +0.87% prior - - (CN) BoA/ML chief China economist Lu Ting: China manufacturing PMI was better than expected, reflects a rise in domestic demand; GDP may see upside surprise in Q3 - financial press - (CN) China National Development and Reform Commission (NDRC) economist Zhang Liqun: PMI data shows evident recovery in August - financial press - (JP) Japan PM Abe: Reiterates will make the final tax decision in the Autumn; to provide detailed economic plans at G20 - financial press - (KR) Korea think tank LG Economic Research Institute (LGERI) sees moderate improvement for South Korea businesses despite global recovery - Korean press - (SY) US State Sec Kerry: Tests conducted on Sunday showing that sarin nerve gas was used in the Aug 21st chemical attack >- (EG) Deposed leader Mursi referred to Egypt's criminal court; Charged with inciting murder of protesters - financial press - (DE) German Chancellor Merkel's coalition said to be maintaining a narrow lead ahead of the Sept 22nd elections - (AU) According to the latest Galaxy poll, Australia's PM Rudd is still behind the opposition leader Abbott ahead of the Sept 7th vote by a margin of 53-47pct - financial press ***Equities*** Markets Snapshot (as of 03:30 GMT): - Nikkei225 +0.7%, S&P/ASX +0.9%, Kospi -0.2%, Shanghai Composite -0.3%, Hang Seng +1.9%, Sept S&P500 +0.7% at 1,642, Dec gold -1.6% at $1,390, Oct crude oil -2.5% at $106.05/brl US markets: - VZ: Vodafone was said to have reached an agreement with Verizon to sell its stake in Verizon Wireless; Verizon to pay about $130B for the 45% stake with about 50/50 cash and stock - financial press - JEC: Said to be in discussions to acquire Sinclair Knight Merz - financial press - X: Workers at Canada facility vote in support of new 5-yr contract, ends 5-mo lockout - financial press Notable movers by sector: - Financials: Westpac Banking Corp WBC.AU +1.8%, Commonwealth Bank of Australia CBA.AU +0.7%, ANZ Bank ANZ.AU +1.1% (Australia banks rise ahead of RBA decision Tuesday); Woori Finance 005940.KR -0.5% (potential acquisition by KT Group), Xinhu Zhongbao Co Ltd 600208.CN -1.3% (H1 results) - Industrials: China Railway Group Ltd 601390.CN +1.1% (H1 results) - Utilities: TEPCO 9501.JP -6.2% (confirm new Fukushima leak), Kansai Electric Power 9503.JP -1.0% (suspension at the Oi facility), DUET Group DUE.AU +1.0% (gas pipeline agreement with Chevron) - Materials: Rio Tinto Ltd RIO.AU +2.0% (iron ore shipment update), Aluminum Corporation of China Limited 601600.CN flat (H1 loss) - Technology: Taiwan Semiconductor Manufacturing Co 2330.TW +1.0% (speculation over smaller Q4 loss) - Healthcare: Daiichi Sankyo Co Ltd 4568.JP +3.5% (Edoxaban met efficacy endpoint) - Consumer discretionary: Tokyu Land Corp 8815.JP +4.1% (100B REIT plans) - 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