User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday March 17, 2014 - 10:16:33 GMT
Trade the News Staff -

Share This Story:
| | Email EU Market Update: Gold climbs as Crimea formally requests to rejoin Russia EU Market Update: Gold climbs as Crimea formally requests to rejoin Russia
Mon, 17 Mar 2014 5:20 AM EST

- (CN) PBoC widens Yuan currency trading band to 2% (as widely anticipated) as means for more two way volatility (curbing bets on cny appreciation); Yuan slips 0.5% towards 6.18 level; for biggest daily decline since 2008
- (RU) Russian companies and oligarchs withdrew billions from Western banks last week ahead of possible sanctions including asset freezes - press
- (UR) Russia lower house deputy speaker: to pass legislation to allow Crimea to join Russia in the 'near future' - press
- (GR) Greece legal framework covering how unions operate are about to get an overhauled following recommendations from troika - Greek press
- (CH) ATLN.CH: Actelion issues update on COMPASS study: did not meet the primary endpoint of time to first morbidity or mortality event
- (DE) LIN.DE: Linde reports Net and Op profit in line or slightly better than expectations while Rev slightly missed. Proposed to raise dividend to 3/shr; Op margin increased 50bps.
- (UK) JIMMYCHOO.IPO, Jimmy Choo thought to be ready to IPO later this year through Credit Suisse and Deutsche Bank, valuation expected to be around 1.0B - De Tijd
- (UR) Crimea votes to be annexed by Russia (as expected) and its Parliament formally asks to rejoin Russia; sanctions loom against Moscow; Gold hits 6-month high
- (UR) Markets looking to judge what the fallout would be from Crimea referendum

Market Focal Points: Equity markets trade higher after Crimea voted in favor of being annexed by Russia and China expanded the yuan's trading band, Russian equities open higher by over 2% ahead of possible reports related to sanctions, UK homebuilders move higher following reports that the Help for Buy program will be extended, German industrial gases firm Linde declines on weaker than expected profits, Shares of Siemens supported by broker commentary

Indices [Stoxx50 +0.8%, FTSE 100 +0.3% at 6,551, DAX +0.6% at 9,115, CAC-40 +0.6% at 4,243, IBEX-35 +1.1% at 9,918, FTSE MIB +1% at 20,566, SMI +0.3% at 8,147, S&P 500 Futures +0.5% at 1,843]

***By Sector***
Industrials [Linde LIN.DE -2% (Q4 profits below ests); Siemens SIE.DE +2% (broker commentary)]
Financials [Unicredit UCG.IT +2% (speculation related to Pioneer unit)]
Consumer Discretionary [Tesco TSCO.UK -1% (broker commentary)]
Technology [Infineon IFX.DE 1.5% (buyback speculation)]
Telecom [Vodafone VOD.UK +1% (confirmed bid for Ono)]
Energy [Bourbon GBB.FR +22% (takeover offer)]
Utilities [RWE RWE.DE +2% (asset sale)]
Stoxx50 Sectors [Utilities +1.7%, Technology +1.3%, Industrials +1.1% Telecom +0.2%, Basic Materials +0.2%, Energy +0.2%, Financials +0.1%; Consumer Cyclical -0.4%, Consumer Non-Cyclical -0.2%]

***Currencies/Fixed Income***
- Following the Crimea referendum a risk-off environment was expected to persist in currency markets but for the time being the major FX pairs demonstrated a fairly steady tone. The next move in the chess board could escalate tension as EU Ministers currently meeting on sanctions to impose on Russia and await any retaliation response.
- (EU) The EUR/USD continued to hover around the 1.39 handle as market participants' debate whether to 'test' the verbal intervention from Draghi last week and see exactly where any Euro strength would become a policymaker concern
- (CN) The widening of the CNY currency trading band saw the USD/CNY pair rise towards 6.18 and exhibited the yuan biggest daily decline since 2008
- (RU) Russia Central Bank (CBR) again adjusted the floating Ruble corridor by 15 kopecks to 36.10-43.10 in dollar/euro basket

***Economic Data***
- (PH) Philippines Jan Overseas Workers Remittances: $1.8B (8-month low) v $1.8Be; Y/Y: 5.9% v 9.4%e
- (CZ) Czech Jan Export Price Index Y/Y: 4.7 v 6.0% prior; Import Price Index Y/Y: 2.9% v 3.8% prior
- (AT) Austria Feb CPI M/M: -0.2% v -0.8% prior; Y/Y: 1.5% v 1.6% prior
- (EU) ECB 2.0M borrowed in overnight loan facility vs. 0.0M prior; 23.5B parked in deposit facility vs. 31.1B prior - Daily Eurosystem Liquidity Conditions
- (NO) Norway Feb Trade Balance (NOK): 33.1B v 48.8B prior
- (CZ) Czech Jan Current Account Monthly (CZK): 25.9B v +16.0Be

***Looking Ahead***
All times listed for economic events are denominated in Eastern Standard Time (Add 4 hours for GMT equivalent)

- 06:00 (EU) Euro Zone Feb CPI M/M: +0.4%e v -1.1% prior; Y/Y: 0.8%e v 0.8% prelim; CPI Core Y/Y: 1.0%e v 1.0% prelim
- 06:00 (EU) Daily Euribor Fixing
- 06:00 (SI) Slovakia Debt Agency to sell Bills/Bonds
- 06:00 (NO) Norway to sell NOK8.0B in 12-month Bills
- 07:00 (BR) Brazil Mar FGV Inflation IGP-10 M/M: 1.3%e v 0.3% prior
- 07:00 (NL) Netherlands Debt Agency (DSTA) to sell 2.0-4.0B in 3-month and 6-month Bills
- 07:00 (IL) Israel to sell 2016, 2018 bonds
- 07:30 (BR) Brazil Central Bank Weekly Economists Survey
- 07:45 (US) Daily Libor Fixing
- 08:00 (SK) Slovakia Debt Agencu (ARDAL) to sell 2017 and 2024 bonds
- 08:30 (US) Mar Empire Manufacturing: 7.00e v 4.48 prior
- 08:30 (CA) Canada Jan Int'l Securities Transactions (CA): No est v -4.3B prior
- 09:00 (US) Jan Net Long-term TIC Flows: No est v -$45.9Bprior; Total Net TIC Flows: No est v $119.6B prior
- 09:00 (CA) Canada Feb Existing Home Sales M/M: No est v -3.3% prior
- 09:00 (PL) Poland Feb CPI Core M/M: 0.1%e v -0.1% prior; Y/Y: 1.0%e v 1.0% prior
- 09:00 (PL) Poland Jan Current Account Balance: -799Me v -843M prior; Trade Balance: 314Me v 232M prior; Exports: 13.1Be v 11.7B prior; Imports: 12.6Be v 11.9B prior
- 09:00 (ES) Spain Debt Agency (Tesoro) to announce size of upcoming auctions
- 09:15 (US) Feb Industrial Production M/M: +0.2%e v -0.3% prior; Capacity Utilization: 78.6%e v 78.5% prior; Manufacturing Production: +0.3%e v -0.8% prior
- 09:50 (FR) France Debt Agency (AFT) to sell combined 6.5B total in 3-month, 6-month and 12-month Bills
- 10:00 (US) Mar NAHB Housing Market Index: 50e v 46 prior
- 10:00 (PL) Poland Feb YTD Budget Balance Level (PLN) No est v -2.6B prior; Budget Balance Performance: No est v 5.6% prior
- 10:30 (EU) ECB calls for bids in 7-Day Main Refinancing Tender at fixed 0.25%
- 10:30 (EU) ECB announces prior settlements in SMP program to offset bond purchases
- 10:30 (FI) Finland Fin Min Urpilainen speaks in Kokkola
- 10:45 (UK) BOE to buy 1.35B in APT operation with residual maturity between 3-7 years
- 11:00 (US) Fed to purchase $2.25-2.75 Bln Notes
- 11:00 (EU) ECB's Weidmann speaks in Kiel, Germany
- 11:30 (US) Treasury to sell combined $48B in 3-Month and 6-Month Bills
- 13:15 (DE) German Chancellor Merkel and Italy PM Renzi hold German-Italian Cabinet talks in Berlin




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