User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday October 25, 2013 - 15:47:06 GMT
Trade the News Staff -

Share This Story:
| | Email US Market Update: Tech Firms Buoy S&P500 US Market Update: Tech Firms Buoy S&P500
Fri, 25 Oct 2013 11:18 AM EST

***Economic Data***
- (TR) Turkey Oct Industrial Confidence Index: 107.5 v 108.5 prior; Capacity Utilization: 76.4% v 75.4% prior
- (IN) India Forex Reserves w/e Oct 11th: $281.1B v $279.0B prior
- (BR) Brazil Sept Current Account Balance: -$2.7B v -$2.3Be; Foreign Direct Investment (FDI): $4.8B v $4.8Be
- (US) Sept Durable Goods Orders: 3.7% v 2.3%e; Durables Ex Transportation: -0.1% v +0.5%e; Capital Goods Orders Non-defense Ex Aircraft: -1.1% v +1.0%e; Capital Non-defense Ex Aircraft: -0.2% v +1.1%e; Durables Ex-Defense: 3.2% v 0.6% prior
- (MX) Mexico Sept Preliminary Trade Balance: $659.0M v -$256.6Me
- (US) Oct Final University of Michigan Confidence: 73.2 v 75.0e
- (US) Aug Wholesale Inventories M/M: 0.5% v 0.3%e; Wholesale Trade Sales M/M: 0.6% v 0.3%e
- (MX) Mexico Central Bank (Banixico) Cut Overnight Rate by 25 bps to 3.5%, as expected

- US equities are in the green this morning, as excellent earnings reports from Microsoft and Amazon propel the S&P500 towards fresh all-time highs. As of writing, the DJIA is up 0.15%, the S&P500 is up 0.17% and the Nasdaq is up 0.33%.

- Certain components of the September durable goods report were much weaker than expected, although the headline and durables ex-defense was pretty good. Defense and civilian aircraft accounted for most of the increase, while orders for core capital goods fell a sharp 1.1% rather than rising as expected. There was also a sharp downward revision to the August gain in the core capital goods category. Also note that there was a significant increase in durable goods inventories, the biggest in over two years.

- As per usual, Amazon met all expectations in its Q3 report. The firm's total revenue gain of nearly 25% y/y overshadowed its small quarterly loss, although it should be noted it lost money in the year-ago Q3 as well. Amazon forecasted another quarter of potential 25% revenue growth in Q4. Multiple analysts hiked ratings and PTs overnight. AMZN is up 9.7% and remains at its highs as of writing.

- Microsoft is sustaining a solid advance this morning after the company roundly beat expectations in its Q1. The firm's profits rose 17% y/y and sales were up 16% y/y. Executive said that consumer PC Demand was better than anticipated, and twice as many Surfaces tablets were sold in the quarter over the prior quarter. MSFT is up 6.5%.

- Oil services name KBR, Inc. dropped 7% after widely missing both Q3 earnings and revenue targets. The company said the quarter was impacted by an adverse tax ruling, several non-operational tax items and the delay of key project close-out items originally forecast in the quarter. National Oilwell Varco is up 4% on strong Q3 results.

- Among other notable movers is Zynga, whose shares are up 12% after the firm's Q3 revenue crushed expectations. Avery Dennison is up 6% after modestly topping expectations and hiking FY13 revenue. Tesla is in the green after CEO Musk talked down the company's shares, saying that Tesla's valuation is "higher than we could expect to deserve." Rentech Nitrogen is down 13% after slashing its quarterly dividend. Rayonier is off 10% after revenue trailed expectations by a mile.

***Looking Ahead***
- 13:00 (DE) ECB's Asmussen in Milan
- 15:00 (AR) Argentina Sept Supermarket Sales Y/Y: No est v 15.0% prior; Shop Center Sales Y/Y: No est v 20.1% prior
- (CO) Colombia Central Bank Interest Rate Decision: expected to leave Overnight Lending Rate unchanged at 3.25%




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.

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 15 Oct 2018
AA 12:30 US- Retail Sales
Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
A 13:15 US- Industrial Production
Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales

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