User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday April 7, 2014 - 05:47:29 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: World Bank cuts China 2014 GDP forecast to 7.6%; Australia construction remains tepid - Source TradeTheNews.com

- (AU) AUSTRALIA MAR ANZ JOB ADS M/M: 1.4% V 4.7% PRIOR (2nd consecutive rise) - (AU) AUSTRALIA MAR AIG PERFORMANCE OF CONSTRUCTION INDEX: 46.2 V 44.2 PRIOR (3rd month of contraction) - (JP) JAPAN MAR OFFICIAL RESERVE ASSETS: $1.28T V $1.29T PRIOR - (TW) TAIWAN MAR CPI Y/Y: 1.6% V 1.0%E; WPI Y/Y: 0.2% V 0.3%E - (NZ) New Zealand Mar QV House Prices Y/Y: 8.8% (6-month low) v 9.3% prior Market Snapshot (as of 03:30 GMT): - Nikkei225 -1.3%, S&P/ASX -0.2%, Kospi -0.2%, Shanghai Composite closed, Hang Seng -0.4%, Jun S&P500 -0.1% at 1,859, Jun gold -0.1% at $1,302, May crude oil -0.3% at $100.85/brl ***Highlights/Observations/Insights*** - World Bank cut its forecast for China GDP by a decimal to 7.6% in 2014 while also affirming its 2015 forecast at 7.5%, reflecting a "bumpy start to the year". Specifically, World Bank noted slowing growth rate of industrial production and contraction in exports, but also said it expects "quarterly growth to rise at midyear as external demand from the high-income countries solidifies." For the developing East Asia and Pacific (EAP) region, World Bank also cut its 2014 and 2015 targets to 7.1% from 7.2% previously expected. - Australia AiG construction index rose 2 points but remains in contraction territory for the 3rd consecutive month. Note that this is also the 3rd of the AiG-tracked sector reports, and all three (other being services and manufacturing) are now in contraction territory. In its accompanying commentary, AiG research team said house building activity stabilised, with the sectors rate of growth only marginal, but contraction was particularly evident in engineering construction. A closely followed component of employment of the report said conditions deteriorated for a fourth consecutive month in March, and at steeper rate than in February. Later in the day, Australia ANZ jobs ads saw a modest m/m increase of 1.4% ahead of the widely anticipated official employment data from Australia this Thursday. - In Japan, local press report assessed the early impact of higher sales tax, noting "car dealerships and department stores saw a noticeable drop in business the first weekend after the 5% consumption tax went up to 8%, but electronics retailers fared less badly than they had feared." Late last week, PM Abe's economic adviser Honda reiterated his support for BOJ to undertake additional easing, while a research report from SocGen forecasted BOJ would announce fresh measures at its Apr 30th meeting. Note that the BOJ will also make a policy announcement in tomorrow's session. - Over the weekend, tensions have flared up once again in Ukraine, as protesters in the eastern cities seized several administrative buildings and demanded a referendum. Ukraine's interior min Avakov said he will order the police to peacefully restore order, blaming Russian Pres Putin for the provocations. Separately, Ukraine interim PM Yatseniuk denounced last week's gas price hike by Russia's Gazprom as unacceptable, warning that Ukraine should now prepare for the possibilities of Russia halting deliveries. ***Fixed Income/Commodities/Currencies*** - (JP) BOJ offers to buy 400B in 5-10yr JGB and 170B in JGB with maturity over 10-yr as well as 450B in CP - GLD: SPDR Gold Trust ETF daily holdings fall 1.8 tonnes to 809.2 tonnes (lowest since Mar 7th) - USD majors are little changed, with slightly more pronounced moves coming after the World Bank cut of China GDP. AUD/USD is off by about 20 pips from its best levels below $0.9280, while NZD/USD retreated back below $0.86 after rising as high as $0.8615. USD/JPY is in a 20pip range around 103.30 while EUR/USD is in a 10pip range around $1.37. ***Equities*** US markets: - CTRP: Hearing rumors Baidu to fully acquire Ctrip.com; Baidu said to integrate Ctrip.com and Qunar.com after acquisition - Chinese press - SYMC: Said to be seeking to hire an advisor to protect against activist investors following reports on 3/27 that an activist investor could be seeking to effect change at the company - financial press Notable movers by sector: - Consumer Discretionary: Kwoon Chung Bus Holdings 306.HK +25.5% (sales, purchase agreement); Toray Industries 3402.JP -1.2% (acquires asset) - Financials: Future Land Development Holdings 1030.HK +1.2% (Mar sales results); WesFarmers Ltd WES.AU +0.9% (to sell asset); Hong Kong Exchanges & Clearing Limited 388.HK +0.5% (speculation of interconnection with mainland exchanges) - Energy: CNOOC 883.HK +1.5% (speculation on asset sale); Sunshine Oilsands 2012.HK -12.7% (announces strategic financial plans) - Industrials: Kai Shui International Holdings 822.HK -2.3% (FY13 results); Great Wall Motor 2333.HK +2.0% (Mar sales results) - Technology: TCL Corp 1070.HK +4.1% (to launch game console) - Source TradeTheNews.com

 

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."



Elevate Your Trading With The Amazing Trader!

The Amazing Trader includes:
  • Actionable trading levels delivered to YOUR charts in real-time.
  • Live trading strategy sessions.
  • Market Updates with Trading Tools.

Register To Test Your Amazing Trader


Trading Ideas for 15 December 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:

Thu 14 Dec
23:50 JP- Tankan Survey

Mon 18 Dec
10:00 EZ- final HICP
Tue 19 Dec
09:00 DE- IFO Survey
13:30 US- Housing Starts/Permits
13:30 US- Current Account
Wed 20 Dec
15:00 US- Existing Homes Sales
15:30 US- EIA Crude
Thu 21 Dec
03:00 JP- BOJ Decision
13:30 CA- CPI & Retail Sales
13:30 US Weely Jobless
13:30 US- GDP
Fri 22 Dec
09:30 US- GB- GDP
13:30 US- core PCE Deflator & Presonal Income
15:00 US- New Homes Sales
15:00 US- final University of Michigan
17:00 US- early Closes
Mon 25 Dec
00:00 Christmas Holidays

Forex Trading Outlook


Potential Trading Opportunities

  • POTENTIAL PRICE RISK: HIGH-Medium- Thu --23:50-- JP- Tankan Survey
John M. Bland, MBA
co-founding Partner, Global-View.com EXCLUSIVE: Global-View Daily Trading Chart Points Updated

EXCLUSIVE: Global-View Free Forex Database updated




TRADER ADVOCACY ARTICLES

Trader's Advocate Articles..

pic

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 Global-View.com.

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

Global-View.com 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 Global-View.com. 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.

 

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105