Forex News Blog
Back to The Headlines
Saturday April 12, 2014 - 18:10:29 GMT
Share This Story
global-view.com - www.global-view.com
Active Calendar into Friday's Holiday Break. All Eyes are on Equities
|Active Calendar into Friday's Holiday Break. All Eyes are on Equities|
April 14, 2014 00:00 gmt
CALENDAR: EZ- Industrial Production, US- Retail Sales, Business Inventories
| EURUSD 1.3890
|| U.S. 2.62% -1bp
|| North America: Lower|
| EURJPY 141.04
|| Bund 1.51% -1bp
|| DAX: Lower|
| GBPUSD 1.6745
|| GILT 2.61% -1bp
| USDJPY 101.53
|| JGB 0.61% 0bp
|| Far East Close: Lower|
HIGH IMPACT NEWS ITEMS: EZ- Industrial Production, US- Retail Sales
- Fed Minutes from Wednesday of last week illustrated the impossibility of central Bank calendar-related rate guidance. The basic message of the Fed Minutes seems to have been that Yellen's comment that rates could start to rise six months after the end of the asst purchases taper had been made off the cuff and was not policy.
- As a result the yield on the 10-yr note fell to as low as 2.62% in the latest week. Recall the 10-yr spiked to 3.00% when the "tapering" was first announced. Traders will have to be cognizant of the general pattern of economic data for major economies.
- The other key development last week was the correction in equity prices led by a decline in the NASDAQ. The NASDAQ had become heavily overbought led by the booming biotech industry, but apparently prices had gotten heavily overbought and were ripe for a correction.
- This week is dominated by holidays related to Passover and Easter. Friday (Good Friday) will be a holiday for many markets. Data news highlights this week include U.S. Retail Sales data on Monday and the German ZEW Survey and Inflation data from the U.S., U.K. and N.Z. Tuesday.
- Wednesday will be busy with Chinese GDP, U.K. employment, EZ final CPI (HICP), U.S. Housing Starts/Permits, and a Bank of Canada rate decision. Thursday sees Canadian CPI data before the holiday break.
- Be sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released. See the FOREX FORUM. for comments from experienced traders to events as they happen.
FX Trade Talk: What's moving markets-- Expert Commentary, data. and data charts posted continuously on FOREX FORUM
John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
|Copyright 2013, GlobalViewpoint, Inc All rights reserved|
Forex Trading News
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
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
Tue 19 June 2018
AA: Major, A: High, B: Medium
A 12:30 US- House Permits/Starts
Wed 20 June 2018
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
Thu 21 June 2018
AA 11:00 GB- Bank of England Decision
A 12:30 US- Weekly Jobless
Fri 22 June 2018
John M. Bland, MBA
co-founding Partner, Global-View.com
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.
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.