User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday May 12, 2014 - 10:15:37 GMT
Trade the News Staff - www.global-view.com/forex-services/TTN/

Share This Story:
| | Email

TradeTheNews.com EU Market Update: Ukraine cities have first independence vote; Equities mostly higher


Mon, 12 May 2014 5:19 AM EST

***Notes/Observations***
- ECB's Nowotny (Austria): Danger that stepped up bank regulation could shift risky business into shadow banking entities - comments from Vienna
- Siemens to buy back up 4.0B in shares, not more than 47.8M shares to be repurchased by Oct 31st, 2015
- Sterling likely to see more volatility heading into inflation report and labor data this week.
- ECB's Draghi's wording about being "comfortable to act next time" was not agreed upon by governing council - German press
- Basel Committee said to be in early stages of structuring new capital requirements - FT
- Chinese equities soar 2% after State Council stated late last week it would relax limits on foreign investment in listed companies and expand capital flow quotas
- Ukraine cities of Donetsk, Luhansk vote for independence; developments in Ukraine continued to have little impact on markets at this time

***Equities***
- Market Focal Points/Key Themes: Equity markets open mostly higher following positive leads from China and the US, Euro Zone banks continue to trade mixed following last week's ECB meeting, Miners supported by broker commentary, Telecom M&A in focus (British Sky and Sky Deutschland), Russia's MICEX trades slightly lower following weekend referendums in Ukraine, US companies tap European bond market (Illinois Tool Works and Paccar)

- Indices [Stoxx 50 +0.1%, FTSE 100 +0.2% at 6,827, DAX +0.2% at 9,605, CAC-40 -0.1% at 4,471, IBEX-35 +0.1% at 10,501, FTSE MIB +0.5% at 21,490, SMI flat at 8,508, S&P 500 Futures +0.2% at 1,876]

***By Sector***
- Telecom [Sky Deutschland SKYD.DE +6% (speculation related to British Sky), QSC QSC.DE +2% (reaffirmed outlook); Blur Group BLUR.UK -20% (contract update), British Sky BSY.UK -2% (speculation related to Sky Deutschland)]
- Basic Materials/Resources [SGL Carbon SGL.DE +4% (speculation related to BMW)]
- Healthcare [Merck MGaA MRK.DE -1% (ex dividend)]
- Technology [Anite AIE.UK +8% (asset sale speculation)]
- Stoxx50 sectors [Industrials +0.7%, Consumer Cyclical +0.3%, Technology +0.3%, Basic Materials +0.2%, Consumer Non-Cyclical +0.1%, Utilities +0.1%, Telecom +0.1%; Financials -1%, Energy -0.5%

***Currencies/Fixed Income***
- Major FX currency pairs held tight ranges in the session. EUR/USD pair at 1.3770 area and consolidating the sharp losses seen in the wake of the ECB meeting last Thursday
- Dealers were focusing on reports of last week ECB meeting. German press noted that ECB's Draghi's wording about being "comfortable to act next time" was not agreed upon by governing council and could reflect the conclusion of the controversial debates at the meeting
- The Wednesday release of the quarterly BOE inflation report will be the highlight for GBP trading. The release could cement an earlier than anticipated rate hike (currently seen before the May 2015 elections). GBP/USD slightly firmer at 1.6890 ahead of the NY morning

***Economic Data***
- (MY) Malaysia Mar Industrial Production Y/Y: 6.4% v 3.8%e; Manufacturing Sales Value Y/Y: 10.1% v 16.1% prior
- (JP) Japan Apr Bankruptcies Y/Y: +1.7% v -12.4% prior
- (JP) Japan Apr Eco Watchers Current Survey: 41.6 v 45.0e; Outlook Survey: 50.3 v 40.0e
- (FR) Bank of France Apr Business Sentiment: 98 v 99 prior
- (SE) Sweden SEB House Price Indicator: 60 v 55 prior (7-year high)
- (CZ) Czech Apr CPI M/M: 0.0% v 0.2%e; Y/Y: 0.1% v 0.3%e
- (CZ) Czech Apr Unemployment Rate: 7.9% v 7.9%e
- (DK) Denmark Apr CPI M/M: 0.2% v 0.1%e; Y/Y: 0.7% v 0.6%e
- (DK) Denmark Apr CPI EU Harmonized M/M: 0.1% v 0.1%e; Y/Y: 0.5% v 0.5%e
- (EU) ECB 0.0M borrowed in overnight loan facility vs. 80M prior; 33.8B parked in deposit facility vs. 24.1B prior - Daily Eurosystem Liquidity Conditions
- (CH) Swiss Mar Real Retail Sales Y/Y: 3.0% v 1.9%e
- (CN) China Apr New Yuan Loans (CNY): 774.4B v 800.0Be
- (CN) China Apr Aggregate Financing (CNY): 1.55T v 1.475Te
- (CN) China Apr M2 Money Supply Y/Y: 13.2% v 12.2%e; M1 Money Supply Y/Y: 5.5% v 5.8%e; M0 Money Supply Y/Y: 5.4% v 5.5%e
- (UK) Apr Lloyds Employment Confidence: +1 v -2 prior

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

- (EU) EU Foreign Ministers hold meeting in Brussels
- (IL) Israel Central Bank Minutes of Rate Meeting
- (RU) Russia Mar Trade Balance: $18.0Be v $12.4B prior; Exports: $44.8Be v $36.5B prior; Imports: 26.9Be v $24.1B prior
- (CO) Colombia Central Bank's Economists Survey
- (MX) Mexico Apr ANTAD Same-Store Sales Y/Y: No est v -2.4% prior
- 06:45 (US) Daily Libor Fixing
- 07:00 (CZ) Czech Central Bank comments April CPI data release
- 07:30 (BR) Brazil Central Bank Weekly Economists Survey
- 08:00 (IN) India Mar Industrial Production Y/Y: -1.5%e v -1.9% prior
- 08:00 (IN) India Apr CPI Y/Y: 8.5%e v 8.3% prior
- 08:00 (ES) Spain Debt Agency (Tesoro) announces size of Tuesday 6-month and 12-month Bill auction
- 08:15 (US) Baltic Dry Bulk
- 08:30 (CL) Chile Central Bank's Economist Survey
- 08:50 (FR) France Debt Agency (AFT) to sell combined 7.8B in 3-month, 6-month and 12-month Bills
- To sell 4.0B in 3-month Bills
- To sell 1.9B in 6-month Bills
- To sell 1.9B in 12-month Bills
- 09:00 (MX) Mexico Mar Industrial Production M/M: 0.3%e v 0.3% prior; Y/Y: 3.0%e v 0.7% prior; Manufacturing Production Y/Y: 5.4%e v 2.3% prior
- 09:30 (EU) ECB announces amount in next 7-day Term Deposit Tender to offset govt bond purchases under SMP
- 09:35 (EU) ECB calls for Bids in 7-Day Main Refinancing Tender
- 11:00 (US) Fed to purchase $2.25-3.00B in Notes
- 11:00 (DE) German Chancellor Merkel gives EU Election campaign speech in Eisenach
- 11:30 (US) Treasury to sell $48B in 3-Month and 6-Month Bills
- 12:00 (US) Fed's Plosser speaks on reinventing cities in Philadelphia
- 13:00 (DE) German Chancellor Merkel gives EU Election campaign speech in Naumburg
- 14:00 (US) Apr Monthly Budget Statement: $114.0Be v $112.9B prior
- 17:00 (CO) Colombia Mar Exports: $4.5Be v $4.3B prior
- 19:15 (AU) RBA's Ellis speaks in Sydney

 

 

 

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 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:

Thu 16 Nov
01:30 AU- Employment
09:30 GB- Retail Sales
10:00 EZ- final HICP
14:15 US- Industrial Production
Fri 17 Nov
13:30 CA- Retail Sales, CPI
13:30 US- Housing Starts and Permits

Forex Trading Outlook


Potential Trading Opportunities


  • POTENTIAL PRICE RISK: HIGH to Medium Wed -- 20:30 GMT AU- Employment data.

  • POTENTIAL PRICE RISK: HIGH Thu -- 09:30 GMT GB- Retail Sales.

  • POTENTIAL PRICE RISK: Mediun Thu -- 10:00 GMT EZ- final HICP. ECB targets inflation.

  • POTENTIAL PRICE RISK: Medium Thu -- NY Morning US- Import Prices, Philly Fed, Industrial, Production, NAHB. Usually not major movers.


  • POTENTIAL PRICE RISK: HIGH to Medium Fri -- 13:30 GMT CA- Retail Sales and CPI.

  • POTENTIAL PRICE RISK: HIGH to Medium Fri -- 13:30 GMT US- Housing Starts and Permits.



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