User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday January 22, 2014 - 06:01:16 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Australia CPI rises to top half of RBA target range; BOJ on hold with policy/assessment and more modest CPI and GDP expectations - Source

- (JP) BANK OF JAPAN (BOJ) POLICY STATEMENT: REITERATES TO INCREASE MONETARY BASE AT ANNUAL PACE OF 60-70T (AS EXPECTED); Maintains overall economic assessment (5th straight month) - (AU) AUSTRALIA Q4 CONSUMER PRICES (CPI) Q/Q: 0.8% V 0.4%E; Y/Y: 2.7% V 2.4%E; CPI Trimmed Mean Q/Q: 0.9% (10-quarter high) v 0.6%e ; Y/Y: 2.6% v 2.3%e - (AU) AUSTRALIA JAN WESTPAC CONSUMER CONFIDENCE INDEX M/M: 103.3 V 105.0 PRIOR; M/M: -1.7% V -4.8% PRIOR (2nd consecutive decline) - (JP) JAPAN NOV FINAL LEADING INDEX CI: 111.1 V 110.8 PRELIM; COINCIDENT INDEX: 110.7 V 110.5 PRELIM - (JP) JAPAN DEC TOKYO CONDOMINIUM SALES Y/Y: 6.1% V 22.3% PRIOR - (JP) JAPAN NOV ALL INDUSTRY ACTIVITY INDEX M/M: +0.3% V +0.3%E - (TW) TAIWAN DEC UNEMPLOYMENT RATE: 4.1% V 4.2%E ***Observations/Insights*** - Texas Instruments down 1% following better than expected earnings and announcement of 1.1K in job cuts; IBM down 2.6% after missing on the bop line. - BHP quarterly output of iron ore flat q/q; Maintains FY production targets, but shares slump over 1% amid decline in the iron ore price. - Australia quarterly CPI tops estimates, with most notable price inflation in food, alcohol/tobacco, and recreation components following recent weakness in AUD. Aussie dollar spikes as investors backtrack from expectations of more RBA policy easing. >- Bank of Japan on hold in terms of policy as expected; Keeps overall economic assessment unchanged despite an upgrade from the cabinet office last week; Board member Shirai adds a dissent to risks component, looking for more pressing language on lagging employment/income trends. BOJ also lowers FY14/15 GDP target by a decimal to 1.4%, maintains all CPI targets, but also warns inflation may remain around 1.25% for some time. ***Fixed Income/Commodities/Currencies*** - (CN) China MOF sells 10-yr bonds; avg yield 4.4483% - USD/CNY: (CN) PBoC sets yuan mid point at 6.1087 v 6.1066 prior setting (Weakest setting since Jan 9th) - Goldman Sachs: Sees lower prices in copper and iron ore in 2014; iron ore price to fall to $108/ton in 2014, $80/ton in 2015 - press - AUD and JPY are the most notable movers among the dollar majors in the FX space, both rising against the greenback following the respective announcements of Australia CPI and BOJ policy statement. AUD/USD spiked up about 80pips to test $0.8870 after the quarterly inflation print vastly reduced expectations for more RBA easing, particularly in the wake of that disappointing employment report last week. AUD/NZD was up 90pips, hitting NZ$1.0660, while AUD/JPY saw a high of 92.50 - up 85pips from the lows. USD/JPY pair fell about 30pips below the 104 handle after the BOJ statement, where the central bank lowered its forecast for next year's GDP and also noted inflation would remain around 1.25% for some time. ***Speakers/Political/In the Papers*** - (CN) China National Development and Reform Commission (NDRC): Continue to implement prudent monetary policy and proactive fiscal policy - financial press - (CN) China Financial Futures Exchange (CFFEX) currently studying 3% 10-yr govt bond futures - Chinese press - (CN) China may take two years to pass property tax law; Likely to implement more tax trials in 2014 - financial press - (CN) PBoC and CSRC to jointly evaluate China financial market facilities - financial press - (AU) Commsec economist: Today's CPI data likely to bring RBA to a more neutral stance from debating the merits of more easing - Australian press >- (AU) According to swaps market data, RBA rate cut probability at its Feb meeting has been reduced to 12% from 17% following Q4 inflation data - financial press - (JP) Japan LDP deputy policy chief Shiozaki: Corporate tax 25% is natural level for consideration - (US) CEO and Co-Chief Investment Officer Mohamed El-Erian has resigned from PIMCO; To remain at Allianz International Executive Committee ***Equities*** Market Snapshot (as of 04:30 GMT): - Nikkei225 -0.7%, S&P/ASX -0.4%, Kospi -0.1%, Shanghai Composite +1.7%, Hang Seng +0.1%, Mar S&P500 flat at 1,837, Feb gold +0.1% at $1,243, Mar crude oil +1.1% at $95.36/brl US markets: - SMCI: Reports Q2 $0.35 v $0.26e, R$356.4M v $332Me; +17.0% afterhours - NUAN: Guides Q1 higher $0.23-0.24 v $0.20e; R$487-491M v $484Me; Names new head of ww sales; +8.3% afterhours - HURN: Guides FY13 higher to $2.92-2.96 v $2.68e, R$718-720.5M v $695Me ($2.60-2.72, R$685-700M prior guidance); provides initial FY14 outlook; +4.2% afterhours - CA: Reports Q3 $0.84 v $0.72e, R$1.16B v $1.14Be; Names new head of sales; +3.0% afterhours - CREE: Reports Q2 $0.46 v $0.39e, R$415M v $413Me; +1.9% afterhours - BBRY: Announces Plans to Divest Canadian Real Estate Holdings for over 3M sqf of space; Terms not disclosed; +1.6% afterhours - TXN: Reports Q4 $0.49 (ex $0.03 charge) v $0.47e, R$3.03B v $2.99Be; To eliminate about 1.1K jobs (about 3% of workforce) BOBE: Guides FY14 EPS lower to $2.20-2.30 v $2.60e (prior guided $2.60-2.65 on Dec 3rd); No longer to provide mid-quarter updates to oulook starting this quarter - conf call; -1.0% afterhours - FE: Guides FY13 $2.95-3.05 v $2.96e ($2.90-3.10 prior), Guides initial FY14 $2.45-2.85 v $2.79e, Cuts quarterly dividend by 34.5% to $0.36 from $0.55 prior; -1.3% afterhours - IBM: Reports Q4 $6.13 v $6.01e, R$27.7B v $28.3Be; Exec: challenges in hardware business persist - conf call; -2.6% afterhours - XLNX: Reports Q3 $0.61 v $0.53e, R$587M v $601Me; -3.6% afterhours - IBKR: Reports Q4 $0.07 v $0.15e, R$262.9M v $317Me; -4.7% afterhours - AMD: Reports Q4 $0.06 adj v $0.06e, R$1.59B v $1.54Be; -12.0% afterhours Notable movers by sector: - Consumer Discretionary: FAW Car 000800.CN +3.9% (FY13 guidance) - Consumer staples: Warrnambool Cheese & Butter WCB.AU +1.3% (update on Saputo's stake in company) - Financials: CITIC Securities 6030.HK +3.9% (prelim FY13 result) - Materials: BHP Billiton BHP.AU -1.0% (Q2 production result); Angang Steel 347.HK +5.2% (FY13 guidance); Jiangsu Yangnong Chemical 600486.CN +6.9% (FY13 guidance) - Technology: Renesas Electronics Corp 6723.JP -5.1% (to reduce workforce) - Energy: China Shenhua Energy 1088.HK +0.9% (2013 sales result); Shanghai Tonva Petrochemical 1103.HK +26.7% (issues positive profit alert) - Industrials: Sany Heavy Equipment International Holdings 600031.CN +3.3%, Zoomlion Heavy Industry Science and Technology 000157.CN +2.6% (Hunan Province on mechanization of agricultural production); Beijing Jiaxun Feihong Electrical 300213.CN +4.9% (special dividend proposal); Dalian Zhiyun Automation 300097.CN +5.8% (FY13 guidance) - Healthcare: Guangzhou Improve Medical Instruments 300030.CN +4.7% (prelim FY13 result) - 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