User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday July 16, 2014 - 06:48:22 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China Q2 GDP and June industrial output top estimates; Investors not impressed - Source

***Index Snapshot (as of 02:30 GMT)*** - Nikkei225 flat, S&P/ASX -0.1%, Kospi -0.1%, Shanghai Composite -0.2%, Hang Seng +0.2%, Sept S&P500 flat at 1,967 ***Commodities/Fixed Income/Currencies*** - Aug gold flat at $1,297, Aug crude oil +0.1% at $100.32/brl, Sept Copper flat at $3.25/lb - (NZ) Fonterra Global Dairy Trade auction: Dairy Trade price index: -8.9% from prior auction; Matches biggest decline in nearly 2 years (update) - (US) API PETROLEUM INVENTORIES: CRUDE: -4.8M (3rd consecutive draw; largest draw since June 17th) v -2.5Me, GASOLINE: -1.6M v +1Me, DISTILLATE: +1.3M v +2Me - (CN) China Finance Ministry (MoF) sells 10-yr bonds at 4.1832% - (AU) Australia MoF (AOFM) sells A$500M in 4.25% Bonds; Avg yield: 3.5922%; Bid-to-cover: 3.39x - USD/CNY: (CN) PBoC sets yuan mid point at 6.1535 v 6.1490 prior setting (weakest Yuan setting since Jul 9th; 4th consecutive weaker setting) - NZD/USD fell about 40pips following lower than expected Q2 CPI and then extended its decline to 3-week lows below $0.87. AUD/USD moved lower by about 25pips despite the higher than expected China GDP and IP figures. USD/JPY is up modestly in afternoon trade, rising about 10pips to 101.75. ***Market Focal Points/Key Themes*** - Shares of Intel were up 4.5% in extended session after beating Q2 estimates, raising guidance for the FY14, and announcing a $20B share buyback. Gross margins also showed an impressive expansion to 64.5% from 58.4% y/y. Yahoo missed its numbers and also said it is keeping a bigger stake of Alibaba. CEO Mayer noted that several areas did show strength, particularly Yahoo search which grew sales by 6%. Shares of YHOO were down over 2% afterhours. - China Q2 GDP and June industrial production topped expectations, however risk-on assets as AUD, SP500 futures, and China stocks are falling modestly post-data. Investors appear to be less inclined to anticipate a more aggressive round of stimulus beyond the "targeted measures." Property sector components of the Fixed Urban Asset investment were also troubling, with sales falling 6.7% YTD, property construction falling 16%, and home sales value down over 9%. NBS also remained downbeat, stating the H1 cooling in the property market represents a reasonable adjustment that could create more pressure on broader economy in near term. - Rio Tinto and Fortescue posted their quarterly production figures. Rio iron ore output rose 11% y/y and copper rose 50% y/y, as company affirmed FY production outlook for the former and raised that of the latter. Fortescue Q4 output rose to 43.8M tons from 34.3M tons y/y. FMG offered initial iron ore shipment target for FY15 at 155M-160MT vs 124.2MT y/y in FY14. - South Korea newly appointed Fin Min Choi announced he would take a proactive approach, promising to act preemptively against risks to economy. Korean press reported the govt will invest KRW31T to help spur economy, though the bulk of that would be allocated in FY15. BOK Gov Lee was also increasingly more dovish, noting s growth potential has been falling and smaller companies require help for sustainable growth. ***Equities*** US markets: - INTC: Reports Q2 $0.55 v $0.52e, R$13.8B v $13.6Be; Board authorizes $20B (12.7% of market cap) increase to share repurchase program; +4.5% afterhours - CTAS: Reports Q4 $0.76 (adj for Shred-it transaction) v $0.75e, R$1.16B v $1.17Be; +1.6% afterhours - AAPL: Creates partnership with IBM to Transform Enterprise Mobility; IBM to sell Apple devices with newly created business apps using IBM big data to clients worldwide; +1.6% afterhours - ZIPR: To be acquired by Realogy for $6.75/shr in cash; Total deal value $166M; +112% afterhours - HSY: Reports prelim Q2 $0.75-0.77 v $0.75e, Rev +4.5%; Guides FY14 EPS at low end of $4.05-4.13 v $4.11e, net sales growth to be around the low end of its long-term 5-7% target; increases prices ~8%; -0.3% afterhours - CSX: Reports Q2 $0.53 v $0.52e, R$3.24B (record high) v $3.25Be; reaffirms FY earnings guidance; -0.5% afterhours - YHOO: Reports Q2 $0.37 v $0.39e, R$1.04B v $1.09Be; amends share repurchase agreement with Alibaba, lowering number of shares to be sold in Alibaba IPO; -2.2% afterhours Notable movers by sector: - Materials: Iluka Resources ILU.AU +3.4% (Q2 results); Rio Tinto RIO.AU +1.0% (Q2 production results); Fortescue Metals FMG.AU +3.0% (Q4 production results) - Energy: Cofco Biochemical 000930.CN +10.0%, COFCO Property Group 000031.CN +10.0% (China SOE reform trial); Huadian Power International Corp 1071.HK +5.4% (H1 guidance); Huaneng Power International 902.HK +1.4% (H1 power generation results); JX Holdings 5020.JP 1.3% (fueling station expansion plans) - Technology: NHN 035420.KR -3.3% (unit Line files for IPO); Leshi Internet Info & Tech 300104.CN -5.4% (Hearing China to tighten regulations on TV set top boxes); Toshiba 6502.JP +1.1% (Awarded supply order) - 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 3 Dec 2018
A All Day Final Mfg PMIs
Tue 4 Dec 2018
A 04:30 AU- Reserve Bank Decision
Wed 5 Dec 2018
A All Day Final SVC PMIs
A 04:30 AU- CPI
A 13:15 US- ADP Jobs
A 13:30 US- Productivity
A 15:00 CA- Bank Of Canada Decision
A 15:30 US- EIA Crude
B 19:00 US- Beige Book
Thu 6 Dec 2018
AA 12:45 EZ- ECB Decision
AA 13:30 US/CA- Trade
A 13:30 US- Weekly Jobless
Fri 7 Dec 2018
A 10:00 EZ- GDP
AA 13:30 US/CA- Employment
A 15:00 US- Final Univ of Michigan

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