User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday February 25, 2014 - 06:32:15 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Yuan remains under pressure; Nikkei recovers lost ground - Source

- (NZ) NEW ZEALAND Q1 TWO-YEAR INFLATION EXPECTATION: 2.33% V 2.34% PRIOR - (CN) CHINA JAPAN JAN CORPORATE SERVICE PRICE INDEX Y/Y: 0.8% V 1.2%E (three months low) - (JP) JAPAN JAN CORPORATE SERVICE PRICE INDEX Y/Y: 0.8% V 1.2%E (three months low) - (TH) THAILAND JAN CUSTOMS TRADE BALANCE: -$2.52B V -$852M - (PH) PHILIPPINES DEC TRADE BALANCE: -$695M V -$550ME; 2013 TRADE BALANCE -$7.7B - (AU) Australia ANZ-Roy Morgan Consumer Confidence index in week ended Feb 23rd: -1.6% to 110.2 prior ***Highlights/Observations/Insights*** - Chinese yuan falls to 6.11 - a 4-month high - as investors ponder whether the weakness is driven by fundamentals (slowing economy), authorities' attempt to forestall excess liquidity from hot-money inflows, or political motivations and the start of a "currency war" (in response to US meddling in East China Sea and Obama's recent visit with Dalai Lama). - Overnight Shibor rates rise even as 7-day rate falls again; PBoC drains liquidity from the system for the 3rd straight day. - Korea Pres unveils 3-year economic plan; Seeks to expand recovery to achieve 4% potential GDP by 2017. - US-South Korea kick off joint military exercises which have been rebuked by the North in the past; North Korea reportedly sends naval vessel into South Korea waters in response. - Turkish lira falls about 2% amid reports of a leaked recording of a phone call between PM Erdogan and his son, implicating the leadership in a cover-up of corruption. ***Fixed Income/Commodities/Currencies*** - (CN) PBoC to drain CNY100B in 14-day repos (3rd consecutive drain) - (CN) Daily Shibor fixings: O/N: 1.7200% v 1.7000% prior (1st rise in 11 consecutive sessions); 1-week: 3.2780% v 3.3390% prior (4th consecutive decline, lowest since May 15th) - JGB: (JP) Japan MoF sells 399.2B in 1.9% 40-year bonds, bid to cover: 3.69x v 4.13x prior - (AU) Australia MoF (AOFM) sells A$200M in 1.25% 2022 Bonds; bid-to-cover: 5.36x - GLD: SPDR Gold Trust ETF daily holdings rise 3.3 tonnes to 801.6 tonnes (2nd consecutive rise; 1-week high) - SLV: iShares Silver Trust ETF daily holdings rise to 10,159 tonnes from 10,147 tonnes prior (highest since 10,163 on Dec 12th) ***Speakers/Political/In the Papers*** - (CN) China Iron Ore and Steel Association (CISA): overcapacity in steel sector likely "beyond imagination" - financial press - (CN) China Bank of Communications (BoCom): China Yuan volatility and property prices pose major risks to stock market - Chinese press - (CN) Former PBOC advisor Li Daokui: China home prices too high to be sustainable; Expects some defaults in H1 2014 - (JP) Japan BOJ Dep Gov Nakaso: Sees decreasing downside risks in overseas economies; Reiterates to adjust policy for 2% inflation target if there is change in price outlook; on track to reach 2% inflation target - (JP) Japan Trade Min Motegi: Draft energy policy to state the importance of nuclear power - finacial press - (JP) Japan Fin Min Aso: Japan aiming for the same goals as those set by the G20 - (JP) Japan Feb PM Abe cabinet approval rating 52.9% +0.8% m/m - Sankei News - (JP) Gradual correction in Japan's supply-demand gap demonstrate receding deflation - Nikkei citing latest Cabinet Office data - (KR) South Korea President Park: To raise potential growth rate to 4% in 2017; Needs to address imbalance of exports and domestic demand - comment on 3-yr economic plan - (KR) South Korea states that a North Korea naval vessel has crossed over border yesterday - financial press - (KR) South Korea-US military joint exercises started on Monday; Command post activities to proceed until Mar 6th and field activities to go until Apr 18th - Korean press - (AU) Australia Treasurer Hockey: Close to finalizing free trade deal with Japan; TPP talks proceeding well - financial press - (CA) Canada Fin Min Flaherty: Does not rule out further intervention in mortgage market, but currently has no intention to do so - (IT) Italy PM Renzi wins confidence vote in Senate, as expected; Senate votes 169 in favor against 139 - financial press ***Equities*** Market Snapshot (as of 04:30 GMT): - Nikkei225 +1.5%, S&P/ASX -0.2%, Kospi +0.7%, Shanghai Composite +0.1%, Hang Seng +0.5%, Mar S&P500 flat at 1,845, Apr gold -0.4% at $1,333, Apr crude oil -0.4% at $102.40/brl US markets: - ZU: Reports Q4 $0.10 v $0.05e, R$257M v $225Me; +11.4% afterhours - SPNC: Achieves Statistical Endpoints of EXCITE ISR Adjunct Analysis Trial; +9.5% afterhours - VVUS: Reports Q4 -$0.17 v -$0.43e, R$44.0M v $25.0Me; +4.4% afterhours - TSCO: Board approves $1B for Share Repurchases (10.7% of market cap); +2.2% afterhours - LNKD: Launches Chinese-language version on Tuesday; Aims to attract 140M new users (50% of current user base), time frame uncertain - press; +1.0% afterhours - SINA: Reports Q4 $0.47 v $0.49e, R$197M v $197Me; Chairman: Sina Weibo makes profit approx of $3M first time in Q4; Weibo daily active users 61.4M, +4% q/q - conf call; -0.8% afterhours - THC: Reports Q4 $0.43 v $0.35e, R$3.89B v $3.89Be; -3.8% afterhours - SCTY: Reports Q4 Rev $47.3M v $43.6Me; to report full Q4 results on March 3, cites accounting for acquisitions; -4.1% afterhours - PERY: Reports prelim Q4 $0.02-0.05 v $0.66e, Rev $216M v $272Me; -20.6% afterhours - RP: Reports Q4 $0.16 adj v $0.17e, R$95.5M v $104Me; -22.1% afterhours Notable movers by sector: - Consumer Discretionary: Qantas Airways QAN.AU -0.2% (comments from Australia officials) - Consumer staples: Henan Shuanghui Investment & Development 000895.CN -4.7% (FY13 results) - Financials: SFG Australia SFW.AU +2.7% (H1 results); QBE Insurance Group QBE.AU +5.3% (FY13 results) - Materials: Zhaojin Mining Industry 1818.HK +0.6% (profit warning); Shanghai ANOKY Textile Chem 300067.CN +10.0% (proposes special dividend) - Industrials: BYD Corp 1211.HK +4.0% (plans leasing business); Southern Cross Electrical Engineering SXE.AU -2.4% (H1 results) - Technology: Wangsu Science & Technology 300017.CN -10.0% (prelim FY13 results); TCL Corp 000100.CN +1.9% (FY13 results); TCL Communication Technology 2618.HK -5.6% (FY13 results); NHN 035420.KR +6.1%, Softbank 9984.JP +3.7% (speculation on stake sale to Softbank); High Tech Computer Corp 2498.TW +0.8% (considers acquisitions or repurchase program) - Healthcare: Ramsay Health Care RHC.AU +6.5% (H1 results) - Utilities: Tepco 9501.JP +0.2% (cooling system halted; Japan drafts energy policy) - Telecom: Hutchison Telecom Hong Kong 215.HK -3.4% (FY13 results) - 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 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