User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday April 2, 2014 - 04:54:57 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China property names rally after reports of potential easing of curbs; Copper spikes after a powerful and shallow 8.2 earthquake off Chile - Source TradeTheNews.c

***Economic Data*** - (AU) AUSTRALIA FEB BUILDING APPROVALS M/M: -5.0% (largest decline in 8-months) V -2.0%E; Y/Y: 23.2% V 27.9%E - (AU) AUSTRALIA FEB JOB VACANCIES: +2.6% V -1.7% PRIOR - (JP) JAPAN MAR MONETARY BASE Y/Y: 54.8% V 55.7% PRIOR; MONETARY BASE END OF PERIOD: 219.9T V 204.8T PRIOR - (NZ) NEW ZEALAND MAR ANZ COMMODITY PRICE M/M: -0.1% (first decline in 4 month) V +0.9% PRIOR Market Snapshot (as of 03:30 GMT): - Nikkei225 +1.5%, S&P/ASX +0.1%, Kospi +0.2%, Shanghai Composite +0.5%, Hang Seng +0.3%, Jun S&P500 +0.2% at 1,880, Jun gold +0.2% at $1,282, May crude oil flat at $99.75/brl ***Highlights/Observations/Insights*** - Chinese property sector saw some relief following a report from Shanghai Securities News indicating the govt in some of the lower tier cities - more vulnerable to a housing downturn - are considering easing some of the curbs. Specifically, the city of Changsha in Hunan Province and Hangzhou in Zhejiang Province officials are said to have deemed the curbs in place to achieve their desired effect. Furthermore, press source goes on to say that there is "no doubt" the govt will ease home buying curbs in tier-2 and tier-3 cities. Note that earlier today, China Index Academy report on property price trends in March saw sequential gains slow for the 3rd consecutive month to 0.38% m/m to CNY11.0K/sqm v 0.54% rise in February. - Northern areas of Chile have ordered mass evacuations after an 8.2 magnitude earthquake that struck 60 miles offshore at a shallow depth of just 12.5 miles. Initial reports suggested 5 fatalities and large landslides disrupting road and highway travel. Several mining names said their facilities were too far away to be effected, however Codelco - the state-owned copper company - evacuated employees at its Ventanas site. May copper spiked over 1% above $3.07 on possibility of mining disruptions in the world's top copper producing country. Aftershocks of heightened seismic activity in the Pacific were also felt as far as New Zealand, where NZD/USD fell some 50pips below $0.8590. - Tokyo markets got a boost from strong US economic data, with rising US treasury yields translating into stronger dollar/weaker yen and subsequently higher equity prices. USD/JPY hit 9-week highs above 103.90, while Nikkei225 breached the psychological 15,000 mark - also its 3-week high. BOJ March Tankan survey revealed diminishing expectations of the economy being able to achieve the 2% inflation target, noting that firms of all sizes see CPI at 1.5% in 1 year and just 1.7% in five years. This follows overnight disappointing manufacturing Tankan for Q1, which prompted economists at Nomura to forecast more BOJ policy easing in July. - Australia reported a large drop in building permits which could potentially soothe some of the recent RBA concern regarding the overheating property market. Note however that this is typically a fairly volatile data series. In fact, JPMorgan economists suggested that despite today's drop in the headline figure, there is still a clear uptrend in single family dwellings. AUD/USD fell about 15pips toward $0.9220 on the release. ***Fixed Income/Commodities/Currencies*** - (JP) BOJ offers to buy 250B in 1-3 yr JGB, 250B in 3-5 yr JGB, and 400B in JGBs with maturities of 5-10 yrs - (AU) Australia MoF (AOFM) sells A$700M in 2033 Bonds, avg yield 4.71%, bid-to-cover 4.85x - (US) API PETROLEUM INVENTORIES: CRUDE: -5.8M (first draw in 6 weeks; Largest draw since Jan 7th) v +1Me - (CN) China MoF sells CNY28B in 7-year Bonds at average yield of 4.33% - GLD: SPDR Gold Trust ETF daily holdings fall 2.1 tonnes to 811.0 tonnes (lowest since Mar 7th; 2nd consecutive decline) ***Equities*** US markets: - APOL: Reports Q2 $0.28 v $0.18e, R$679.1M v $688Me; -6.0% afterhours - MNKD: FDA advisory panel votes in favor of Afrezza inhaled drug as a treatment for Type 1 diabetes; Follow up: FDA Advisory Committee recommends approval of AFREZZ, MannKind Corporation's Investigational Drug to Treat Diabetes; +110.5% afterhours Notable movers by sector: - Financials: China Vanke 000002.CN +3.1%, Poly Real Estate Group 600048.CN +6.0%, Huayuan Property 600743.CN +10.2% (some cities in China discuss to ease home purchase curbs) - Materials: Anhui Conch Cement 600585.CN +2.8%, Jiangxi Wannianqing Cement 000789.CN +2.2% (rise in profitability in China cement industry); Zhejiang Furun 600070.CN +4.4% (FY13 results) - Industrials: Chengdu Road & Bridge Engineering 002628.CN +3.3% (awarded contract); Fong's Industries 641.HK +23.3% (enters JV to redevelop land); GrainCorp GNC.AU +1.9% (ADM may increase stake); Toyota Motor Corp 7203.JP +1.5% (Mar China vehicle results; comments from Nomura) - Technology: Renesas Electronics Corp 6723.JP +9.8% (speculation on Apple's bid in LCD unit); Han's Laser Technology 002008.CN +3.4% (awarded order from Apple); Liaoning Julong Financial Equipment 300202.CN +2.0% (FY13 results); Shenzhen O-film Tech 002456.CN +4.0% (to develop fingerprint technology) - 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.

Register To Test Your Amazing Trader

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

Mon 10 Sep 2018
AA 08:30 GB- GDP, Trade, Output
Tue 11 Sep 2018
AA 08:30 GB- Employment Decision
A 09:00 DE- ZEW Survey
Wed 12 Sep 2018
A 12:30 US- PPI
A 14:30 US- EIA Crude
A 18:00 US- Beige Book
Thu 13 Sep 2018
A 1:30 AU- Employment
AA 11:00 GB- Bank of England Decision
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- CPI
Fri 14 Sep 2018
A 08:30 GB- GDP
AA 12:30 US- Retail Sales
A 13:15 US- Industrial Production
AA 14:00 US- prelim University of Michigan

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