User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday January 15, 2014 - 05:34:45 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: World Bank raises global growth forecast on strength in developed economies; China new loans hit 1-year lows - Source

(CN) CHINA DEC AGGREGATE FINANCING (CNY): 1.23T V 1.15TE - (CN) CHINA Q4 FOREIGN RESERVES: $3.82T V $3.66T PRIOR QUARTER - (CN) CHINA DEC M2 MONEY SUPPLY Y/Y: 13.6% (16-month low) V 13.9%E; M1 MONEY SUPPLY Y/Y: 9.3% V 9.0%E >- (CN) CHINA DEC NEW YUAN LOANS (CNY) Y/Y: 482.5B (1-year low) V 570BE; 2013 New Yuan Loans (CNY) Y/Y: 8.89T v 8.20T prior - (AU) AUSTRALIA DEC NEW MOTOR VEHICLE SALES M/M: +1.7% V +2.1% PRIOR; Y/Y: +0.1% V -0.2% PRIOR - (JP) JAPAN DEC M2 MONEY STOCK Y/Y: 4.2% V 4.3%E; M3 Y/Y: 3.4% V 3.4%E - (KR) SOUTH KOREA DEC UNEMPLOYMENT RATE: 3.0% V 2.9%E - (NZ) NEW ZEALAND DEC FOOD PRICES M/M: -0.1% V -0.2% PRIOR (3rd consecutive decline) ***Observations/Insights*** - GM resumes dividend payments for the first time in over 5 years; Initiates a 3% annual payout. - US Senate fails to reach minimum number votes needed to advance the bill containing the extension to unemploment insurance (UI) in a cloture vote; Prospects for legislation said to be grim. - Nikkei recovers, rising over 1.5% in morning session after a 3% slide overnight amid renewed JPY selling vs the resurgent greenback. - World Bank raises its 2014 GDP projections to 3.2% from 3.0% prior forecast on the strength of recovery in developed economies; Eurozone and Japan upgraded 0.2pts to 1.1% and 1.4% respectively and US GDP forecast maintained at 2.8%; Concurrently, World Bank cuts China GDP target to 7.7% from 8.0% and cuts Brazil by 1.6pts to 2.4%, while the overall eveloping nations 2014 GDP forecast is reduced to 5.3% from 5.6% prior. - China releases more December economic data - New loans misses estimates to hit a 1-year low and M2 money supply falls to 16-month lows. Speaking after the release, PBoC official reiterated the central bank will maintain "prudent monetary policy stance" in 2014 and will neither tighten nor loosen policy in the near term. ***Fixed Income/Commodities/Currencies*** - JGB: (JP) Japan MoF sells 548.2B in 1.7% (1.7% prior) 30-yr notes; Avg yield: 1.665% v 1.704% prior; Bid to cover: 3.34x v 4.15x prior - (AU) Australia MoF (AOFM) sells A$800M in 5.75% 2021 Bonds; avg yield 3.8919%, bid to cover 3.86x - (CN) China MOF sells 7-yr bonds; avg yield 4.44% - GLD: SPDR Gold Trust ETF daily holdings fall 3.5 tonnes to 789.6 tonnes (lowest since Jan 2009) - (US) API PETROLEUM INVENTORIES: CRUDE: -4.1M (3rd consecutive draw) v -1Me; GASOLINE: +5.4M v +2.5Me; DISTILLATE: -1.7M v +1Me - USD is back in favor after a 2-day detour following a soft NFP print on Friday. USD/JPY extended its US session gains, rising about 30pips toward 104.40 level. AUD and NZD are also decoupled from their traditional role of a "risk-on" currency, falling against the greenback in spite of the recovery in the equity markets - AUD/USD and NZD/USD are both down over 50pips from the highs below $0.8920 and $0.8340 respectively. USD also advanced to fresh multi-year highs against the CAD, rising above C$1.0970, while EUR/USD fell some 50pips below $1.3630. ***Speakers/Political/In the Papers*** - (CN) China Central Bank (PBOC) official Sheng: Will not tighten or loosen monetary policy; reiterates will maintain prudent monetary policy stance in 2014 - financial press - (CN) PBoC dep gov Wu Xiaoling: China should cancel loan-to-deposit ratio limit for banks - Chinese press - (CN) Credit Agricole senior economist Kowalczyk: Sees China 2014 GDP at 7.2%; Says China is serious about reigning in excess credit lending and should accept slower growth - China Daily - (CN) China HSBC chief economist Hongbin Qu: Sees 2014 GDP around 7.7%, but may slow to as little as 7.5% - China Daily - (HK) Hong Kong Chief Leung: Govt explores more business opportunities; Working to increase housing supply, aiming to curb property prices - (JP) Japan expects to reach FY15 fiscal target - Japanese press - (JP) Japan Maritime Self-Def Force (MSDF) collides with fishing boat off Hiroshima; some in critical condition - Kyodo News - (KR) South Korea Fin Min Hyun: South Korea to balance export and demand from domestic for growth - (NZ) New Zealand's Ports of Auckland said to have notched their best two months for cargo handling on record - NZ press - (US) Senate fails to reach minimum number votes needed to advance the bill containing the extension to unemploment insurance (UI) ***Equities*** Market Snapshot (as of 04:30 GMT): - Nikkei225 +1.8%, S&P/ASX +0.5%, Kospi +0.3%, Shanghai Composite -0.6%, Hang Seng +0.3%, Mar S&P500 flat at 1,832, Feb gold -0.4% at $1,239, Feb crude oil flat at $92.59/brl US markets: - CHTP: FDA Advisory Panel Recommends Approval of Chelsea Therapeutics' NORTHERA(TM) (Droxidopa) for the Treatment of Symptomatic nOH; +147.0% afterhours - DTLK: Guides Q4 higher to $0.33-0.37 v $0.25e, R$174M v $164Me ($0.24-0.30, R$160-170M prior); +31.6% afterhours - ARO: Said to be measuring potential takeover interest as activist investors apply pressure - financial press; +4.8% afterhours - GM: *DECLARES $0.30/SHR QUARTERLY DIVIDEND (resumes dividend payments for the first time in over 5 years); Appoints Dan Ammann as President, Chuck Stevens as CFO; effective Jan 15th; +3.0% afterhours - TSLA: CEO: Tesla will remain independent for as far into the future as I can imagine, Battery charger fix directive is not a recall - CNBC interview; +2.5% afterhours - HTWR: Guides Q4 R$53M v $58.8Me - JP Morgan healthcare conf comments; -8.1% afterhours - XONE: Lowers FY13 Rev guidance to $40-42M v $48.2Me (prior forecast "low end of $48-52M"); -13.9% afterhours Notable movers by sector: - Consumer Discretionary: Elec-Tech International 002005.CN +3.4% (JV agreement); Gree Inc 3632.JP +1.3% (press reports on Q2 results) - Industrials: Nanfang Pump Industry 300145.CN +2.0% (FY13 guidance; proposes special dividends); Canny Elevator 002367.CN +3.9% (FY13 guidance); STX Heavy Industries 071970.KR +3.2% (awarded order); JX Holdings 5020.JP +2.9% (new technology); 7203.JP Toyota +1.1% (shipment expansion plans) - Financials: Sun Innovation Holdings 547.HK -5.4% (profit warning) - Energy: Shanghai Taisheng Wind Power Equipment 300129.CN +5.9% (FY13 guidance); Strike Energy STX.AU +7.9% (gas supply agreement) - Materials: Anhui Conch Cement 914.HK +4.4% (FY13 guidance); Fortescue Metals FMG.AU (redemption of notes); OZ Minerals OZL.AU +13.2% (quarterly production results); Paladin Energy PDN.AU +10.0% (Q2 results) - Technology: Zhejiang Goldcard High-Tech 300349.CN +2.5% (FY13 guidance); Shenzhen Tat Fook Technology 300134.CN +3.7% (FY13 guidance); Tencent Holdings 700.HK +1.5% (rumors to launch financial product) - Healthcare: Tianjin Chase Sun Pharmaceutical 300026.CN +4.0% (FY13 guidance) - 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.

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

Mon 3 Dec 2018
A All Day Final Mfg PMIs
Tue 4 Dec 2018
A 04:30 AU- Reserve Bank Decision
Wed 5 Dec 2018
A All Day Final SVC PMIs
A 04:30 AU- CPI
A 13:15 US- ADP Jobs
A 13:30 US- Productivity
A 15:00 CA- Bank Of Canada Decision
A 15:30 US- EIA Crude
B 19:00 US- Beige Book
Thu 6 Dec 2018
AA 12:45 EZ- ECB Decision
AA 13:30 US/CA- Trade
A 13:30 US- Weekly Jobless
Fri 7 Dec 2018
A 10:00 EZ- GDP
AA 13:30 US/CA- Employment
A 15:00 US- Final Univ of Michigan

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