Forex News Blog
Back to The Headlines
Friday October 24, 2014 - 09:23:05 GMT
Share This Story
global-view.com - www.global-view.com
RISK OFF: U.K. 3Q14 Solid and in Line With Street Estimates. Light U.S. Data Calendar. ECB Bank Stress Tests Sunday
|RISK OFF: U.K. 3Q14 Solid and in Line With Street Estimates. Light U.S. Data Calendar. ECB Bank Stress Tests Sunday|
October 24 2014 00:00 GMT
Daily Risk On/Off Heat Map
09:00 GMT- Current Market Conditions:
Early in European trade, markets are in a mild RISK-Off posture heading into the ECB bank stress tests due on Sunday. We would not be surprised to see results leaked at any time. In Far East trade, equities ended mixed. European bourses are broadly weaker. U.S. share futures are lower.
U.S. 10-yr yields are lower. 10-yr yields in bunds and gilts are down as well. Peripheral bond yields are higher.
The heat map color scheme of interest rates reflects yields.
HIGH IMPACT NEWS: US- New Homes Sales
- Preliminary 3Q14 U.K. GDP grew solidly and in line with street expectations. The GBP is up on the news.
- Today has a light data calendar with U.S. New Homes Sales due, Over the weekend, European clocks are turned back one hour. North American clocks change a week later.
- Markets have been setting up for the Fed meeting decision next Wednesday. Market confidence will be important for the FOMC. Markets also await ECB bank stress tests results on Sunday. One report says at least 11 of 130 banks have failed.
- Be sure to refer daily to the Global-View Economic Calendar and the Forex Forum for the complete list of key items (actual data, selected charts, etc.) as they are released.
Weekly Trading Planner Top Items (GMT):
08:30 GB GDP-- broadest measure of economy
14:00 US New Homes Sales-- housing measure
||New Homes Sales
||Markit SVC PMI flash
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 actual data, selected charts, etc.) and comments from experienced traders to events as they happen.
John M. Bland is a founding partner of Global-View.com. He was a FX consultant to major corporations. He has also been a institutional forex trader, FX analyst for a blue chip Fed watching service and an author. John has an MBA in Finance and a BA in Economics from the University of California, Berkeley.
|Copyright 2014, 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 31 July 2018
AA: Major, A: High, B: Medium
AA JP- Bank of Japan
A 06:00 DE- Retail Sales
A 09:00 EZ- flash HICP/GDP
AA 12:30 US- Core PCE Deflator
A 14:00 US- CB Consumer Confidence
Wed 1 Aug 2018
A Final Mfg PMIs
AA 12:15 US- ADP Private Payrolls
A 15:00 US- EIA Crude
AA 18:00 US- Federal Reserve Decision
Thu 2 Aug 2018
AA 11:00 GB- Bank of England Decision
A 13:30 US- Weekly Jobless
Fri 3 Aug 2018
A Final Services PMIs
AA 12:30 US- Employment
A 12:30 US/CA- Trade
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.