User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday March 28, 2014 - 05:28:37 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: Japan inflation steady as PM Abe continues to press for a timely 2% inflation destination - Source

JP) JAPAN FEB TOKYO CPI Y/Y: 1.3% V 1.2%E; CPI CORE Y/Y: 1.0% V 0.9%E (5-year high) >- (JP) JAPAN FEB NATIONAL CPI Y/Y: 1.5% V 1.5%E; CPI CORE Y/Y: 1.3% V 1.3%E - (JP) JAPAN FEB JOBLESS RATE: 3.6% V 3.7%E (6-year low); JOB-TO-APPLICANT RATIO: 1.05 V 1.05E - (JP) JAPAN FEB OVERALL HOUSEHOLD SPENDING Y/Y: -2.5% V 0.1%E (first decline in 6 months) - (JP) JAPAN FEB RETAIL SALES M/M: +0.3% V -0.1%E; Y/Y: 3.6% V 3.5%E - (KR) SOUTH KOREA FEB CYCLICAL LEADING INDEX CHANGE: -0.1 V 0.1 PRIOR - (KR) SOUTH KOREA FEB INDUSTRIAL PRODUCTION M/M: -1.8% (2nd consecutive decline) V -0.3%E; Y/Y: 4.3% V 3.6%E - (KR) SOUTH KOREA APR MANUFACTURING BUSINESS SURVEY: 86 (23-month high) V 85 PRIOR; NON-MANUFACTURING SURVEY: 73 V 76 PRIOR - (UK) UK GFK CONSUMER CONFIDENCE: -5 V -6E (highest reading since Aug 2007) Market Snapshot (as of 03:30 GMT): - Nikkei225 flat, S&P/ASX +0.3%, Kospi +0.1%, Shanghai Composite +0.2%, Hang Seng +1.2%, Jun S&P500 +0.2% at 1,844, Jun gold flat at $1,294, May crude oil flat at $101.32/brl ***Highlights/Observations/Insights*** - Despite the down day on Wall St, Asian indices are modestly higher going into the weekend as more soft US data continued to support the case for a longer period of low US rates. Note that the yield on the 10-year was down for the 5th consecutive session at 2.67%. - Nikkei225 is underperforming in the region, as bullish sentiment is not translating into softer JPY. A raft of economic data from Japan - namely steady rise in inflation and further decline in unemployment rate - weighed on USD/JPY due to diminished prospects for further BOJ easing. Subsequent comments by PM Abe urging the BOJ to "swiftly" achieve 2% price target turned the tide before USD/JPY could re-test below the 102 handle. - China Premier Li, calling for lower cost of enterprise financing, also helped support bullish flows. Li also said he was still confident the economy is in good shape and that growth can be kept in a reasonable range. Separately, a DBS economist cited in local press warned Q1 GDP could fall to 7.3%. - PBoC renewed its push for weaker currency going into the weekend to compensate for softer exports. After 2 consecutive stronger settings to start the week, PBoC set Yuan weaker for the past 3 sessions - the last taking USD/CNY to its highest fix in 6 months. - Ultra-dovish Chicago Fed Pres Evans (alternate on FOMC) said he would prefer the Fed wait until 2016 for the first rate hike, even though he acknowledged rates may actually begin to rise in H2 of 2015. Evans also said US GDP would grow about 3% for the rest of 2014 and into 2015, although risks remain and the current inflation rate of 1% justifies extended accommodation. ***Fixed Income/Commodities/Currencies*** - (JP) BOJ offers to buy 250B in 1-3 yr JGB, 250B in 3-5 yr JGB, and 170B in JGBs with maturities of over 10 yrs - (AU) Australia MoF (AOFM) sells A$700M in 4.25% 2017 Bonds; avg yield: 3.1050%; bid-to-cover: 4.19x - USD/CNY: (CN) PBoC sets yuan mid point at 6.1490 v 6.1465 prior setting (weakest setting since Sept 27th) - (US) Weekly Fed Balance Sheet Total Assets Week ending Mar 26th: $4.23T v $4.22T prior; Reserve Bank Credit: $4.18T v $4.18T prior; M1: -$54.3B (largest decline in 5 weeks) v -$22.2B prior; M2: +$12.2B v +$23.7B prior; M1 y/y change: 9.9% (6-month high) v 9.7% w/w; M2 y/y change: 5.8% v 5.7% w/w - In USD majors, AUD/USD hit fresh 4-month highs above $0.9290, while NZD/USD approached $0.87 handle - its highest level since 2011. USD/JPY fell toward 102 after the release of higher CPI / lower unemployment rate but bounced off the figure to trade within a 25pip range on the day. GBP/USD found support at $1.66 ahead of the UK Current Account and GDP release later in the European session. ***Equities*** US markets: - RH: Reports Q4 $0.83 v $0.83e, R$472M v $496Me; +7.1% afterhours - RHT: Reports Q4 $0.39 v $0.37e, R$400M v $399Me; Guides Q1 $0.32-0.33 v $0.37e, R$412-415M v $416Me; Guides initial FY15 $1.54-1.56 v $1.62e, R$1.73-1.755B v $1.76Be - conf call; +0.1% afterhours - RMAX: Reports Q4 $0.32 v $0.27e, R$40.2M v $39.4Me; flat afterhours Notable movers by sector: - Consumer Discretionary: Lawson 2651.JP +1.6% (press speculation on FY13/14 results); Hongbo Co Ltd 002229.CN -5.4% (FY13 results); Hunan Friendship & Apollo Commercial 002277.CN -3.2% (FY13 results); Guangdong Guangzhou Daily Media 002181.CN -7.7% (FY13 results); Jiangsu Yueda Investment 600805.CN -5.0% (FY13 results) - Financials: ICBC 1398.HK +1.3% (FY13 results); CITIC Securities 600030.CN +1.6% (FY13 results) - Energy: Sinopec Shanghai Petrochemical 338.HK -8.7% (FY13 results) - Industrials: Shanghai International Port Group 600018.CN +1.4% (FY13 results); First Tractor 38.HK -2.4% (FY13 results); SAIC Motor 600104.CN +8.6% (FY13 results); United Co RUSAL 486.HK -0.7% (FY13 results); James Hardie Industries NV JHX.AU +1.1% (BlackRock becomes substantial shareholder); Virgin Australia VAH.AU +1.4% (Singapore Airlines raises state) - Technology: Compal Electronics 2324.TW +6.8% (Q4 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