User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday September 30, 2014 - 04:38:05 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Market Update: China HSBC manufacturing PMI still in expansion but softer than expected; Hong Kong's Leung warns standoff may last - Source TradeTheNews.com

- (CN) CHINA SEPT FINAL HSBC MANUFACTURING PMI: 50.2 V 50.5E (4th straight expansion)- (JP) JAPAN AUG JOBLESS RATE: 3.5% (3-month low) V 3.8%E - (JP) JAPAN AUG LABOR CASH EARNINGS Y/Y: 1.4% V 0.9%E (6th consecutive increase) - (JP) JAPAN AUG RETAIL SALES M/M: 1.9% (2nd consecutive rise) V 0.5%E; RETAIL TRADE Y/Y: 1.2% (5-month high) V 0.1%E - (JP) JAPAN AUG PRELIM INDUSTRIAL PRODUCTION M/M: -1.5% (1st decline in 2 months) V +0.2%E; Y/Y: -2.9% V -1.1%E - (JP) JAPAN AUG OVERALL HOUSEHOLD SPENDING Y/Y: -4.7% V -3.6%E (5th straight decline) - (AU) AUSTRALIA AUG PRIVATE SECTOR CREDIT M/M: 0.4% V 0.5%E; Y/Y: 5.1% V 5.2%E - (AU) Australia ANZ Roy Morgan Weekly Consumer Confidence Index: 113.7 v 112.9 prior- (NZ) NEW ZEALAND SEPT ANZ ACTIVITY OUTLOOK: 37.0 V 36.6 PRIOR; ANZ BUSINESS CONFIDENCE: 13.4 (2-yr low) V 24.4 PRIOR - (NZ) NEW ZEALAND AUG BUILDING PERMITS M/M: 0.0% V 0.0%E - (KR) SOUTH KOREA AUG INDUSTRIAL PRODUCTION M/M: -3.8% V +0.1%E; Y/Y: -2.8% V +2.0%E - (KR) SOUTH KOREA OCT BUSINESS SURVEY MANUFACTURING: 78 (3-month high) V 74 PRIOR; BUSINESS SURVEY NON-MANUFACTURING: 74 V 72 PRIOR - (UK) UK SEPT GFK CONSUMER CONFIDENCE: -1 V 0E ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 -1.3%, S&P/ASX +0.1%, Kospi -0.7%, Shanghai Composite +0.1%, Hang Seng -1.4%, Dec S&P500 flat at 1,969***Commodities/Fixed Income/Currencies***- Dec gold -0.2% at $1,217/oz, Nov crude oil -0.3% at $94.32/brl, Dec copper +0.3% at $3.05/lb- (CN) PBoC to drain CNY20B in 14-day repos (19th consecutive drain); Drains net CNY5B this week v drained CNY11B in prior week (2nd consecutive week of drain) - JGB: (JP) Japan MoF sells 2.50T in 0.1% 2-yr notes, Avg Yield: 0.074% v 0.067% prior; bid to cover: 6.44x v 5.88x prior - (PE) Peru Central Bank cuts reserve requirement in Soles to 10.5% from 11%, effective on Oct 1st - USD/CNY: (CN) PBoC sets yuan mid point at 6.1525 v 6.1539 prior setting (1st firmer setting in 4 sessions) ***Market Focal Points/Key Themes***- Hong Kong is once again leading regional indices to the downside with few signs that the standoff between Occupy Central and the authorities will abate. Ahead of the start of China's National Day holidays, Shanghai Composite and the Hang Seng are both down by over 1%. HK chief Leung warned local businesses that protests may last for a long time, but also noted there is no need to ask for deployment of the PLA (China People's Liberation Army), expressing confidence in local authorities. Leaders with the Occupy Central movement are not deterred despite nearly 100 arrests and over 50 injured, calling for Leung's resignation and vowing to continue marches.- China HSBC final manufacturing PMI dominated a rather active for economic data session. The final print declined from the 50.5 Flash print to 50.2 but remained in expansion for the 4th consecutive month. HSBC noted "companies continued to cut their staffing levels in September at a modest pace", and chief economist said "the data in September suggest that manufacturing activity continues to expand at a slow pace," reiterating the need for "more accommodative monetary as well as fiscal policies."- Japan August figures were generally mixed, with strong employment data (rising cash earnings and falling unemployment) but bigger than expected declines in industrial output and household spending. Japan Fin Min Aso cheered the improving employment and also acknowledged the run of poor weather will likely weigh on July-Sept quarter.- USD staged a bearish reversal across the board, initially trading higher before turning down across the board. USD/JPY tested below 109.20 (-30pips from the highs), while AUD/USD and NZD/USD rose 0.4% about $0.8760 and $0.7820 respectively.***Equities***US markets: - CPRX: Announces positive top-line phase III data from pivotal Firdapse trial in patients with Lambert-Eaton Myasthenic Syndrome (LEMS); +16.4% afterhours- SNX: Reports Q3 $1.59 v $1.48e, R$3.54B v $3.38Be; +8.5% afterhours- CTAS: Reports Q1 $0.78 adj v $0.76e, R$1.10B v $1.10Be; +1.1% afterhours- FDX: Approves new stock repurchase program of up to 15M shares (approx 5.3% of shares outstanding) - AGM; +0.2% afterhours- F: Guides FY14 pretax profit ~$6B; guides initial FY15 pretax profit $8.5-9.5B - investor day; -0.9% afterhours- DWA: Deal talks between DreamWorks, Softbank said to have cooled - financial press; -7.4% afterhours- AAPL: China regulators said to approve introduction of iPhone 6 - financial press- GM: CEO: To reveal long-term business plan on Wednesday; details to include firmer financial guidance, will run past 2020 - financial pressNotable movers by sector:- Consumer staples: Nissin Food 2897.JP +2.0% (to increase price of noodle products)- Financials: Sumitomo Corp 8053.JP -12.5% (cuts FY14/15 guidance; to close JV coal operations); Noble Group NOBL.SG -6.8% (CIC to cut stake); Dah Sing Banking Group 2356.HK -3.8%, Bank of China Hong Kong 2388.HK -1.8%, HSBC 0005.HK -1.0% (HKMA reports several Hong Kong banks remained shut)- Consumer discretionary: Lawson 2651.JP +0.9% (to acquire Seijo Ishii supermarket chain); Recall Holdings Ltd REC.AU +9.5% (reports of possible offer from Iron Mountain); Chow Tai Fook 1929.HK -0.6%, Li & Fung Ltd 494.HK -0.8%, Cheung Kong Holdings 1.HK -2.9%, Esprit Holdings 330.HK -1.3% (Hong Kong protest impacting local retailers)- Industrials: Hyundai Motors 005380.KR +0.3%, Kia Motors 000270.KR +0.9% (tentative agreement with union) - 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 21 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:


Tue 21 Nov
15:00 US- Existing Homes Sales
23:00 US- Yellen Speech
Wed 22 Nov
13:30 US- Weekly Jobless
13:30 US- Durable Goods
15:00 US- final University of Michigan Survey
15:30 US- EIA Crude
19:00 US- FOMC Minutes
Thu 23 Nov
US/JP- Holiday
All Day flash PMIs
13:30 CA- Retail Sales
Fri 24 Nov
All Day flash PMIs
09:00 DE- IFO Survey
US- Early Closes

Forex Trading Outlook


Potential Trading Opportunities


  • POTENTIAL PRICE RISK: HIGH Mon -- 14:00 GMT EZ- Draghi speaks in Brussels. Looking for any policy hints or bias


  • POTENTIAL PRICE RISK: HIGH Tue -- 13:30 GMT US- Existing Homes Sales. Top Housing Statistic

  • POTENTIAL PRICE RISK: HIGH Tue -- 23:30 GMT US- Yellen Speech. Early evening. Looking for anything on policy


  • POTENTIAL PRICE RISK: Medium Wed -- 13:30 GMT US- Weekly Jobless, Durable Goods
  • POTENTIAL PRICE RISK: Medium Wed -- 15:00 GMT US- final University of Michigan Survey
  • POTENTIAL PRICE RISK: Medium Wed -- 15:30 GMT US- EIA Crude
  • POTENTIAL PRICE RISK: HIGH Wed -- 19:00 GMT US- FOMC Policy Minutes. Key policy release


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