User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday October 28, 2014 - 04:11:13 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China industrial profit growth recovers; Twitter plummets on slowing user growth - Source

(CN) CHINA SEPT INDUSTRIAL PROFITS Y/Y: +0.4% V -0.6% PRIOR - (JP) JAPAN SEPT RETAIL SALES M/M: 2.7% V 0.9%E; Y/Y: 2.3% (6-month high) V 0.8%E - (AU) Australia ANZ Roy Morgan Weekly Consumer Confidence Index: 114.6 (12-week high) v 111.6 prior - (KR) SOUTH KOREA OCT CONSUMER CONFIDENCE: 105 V 107 PRIOR (lowest reading since July) ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 -0.8%, S&P/ASX -0.4%, Kospi -0.3%, Shanghai Composite +1.0%, Hang Seng +0.5%, Dec S&P500 flat at 1,957***Commodities/Fixed Income***- Dec gold flat at $1,229, Dec crude oil -0.4% at $80.61/brl, Dec Copper +0.2% at $3.07/lb- (CN) PBoC to drain CNY20B in 14-day repos (25th consecutive drain); Offer yield at 3.4%, unchanged from prior- JGB: (JP) Japan MoF sells 2.47T in 0.1% 2-yr notes, Avg Yield: 0.012% (record low) v 0.074% prior; bid to cover: 4.80x v 6.44x prior - (AU) Australia MoF (AOFM) sells A$200M in 2022 indexed bonds; Average yield of 0.8749%; Bid-to-cover: 3.72x - USD/CNY: (CN) PBoC sets yuan mid point at 6.1421 v 6.1446 prior setting (strongest Yuan setting since Oct 20th) ***Market Focal Points/Key Themes/FX***- Shanghai Composite is leading the regional indices higher, helped by a rebound in the Industrial Profits growth in September. Recall the Aug profits turned negative for the first time in 2 years. Traders are also buying into the outsized overnight selloff following reports of a delay in Hong Kong-Shanghai link.- BOJ Gov Kuroda testified in Parliament, largely reiterating prior commentary on the yen and the economy. Kuroda said the weakness in JPY is a positive for the economy, that recovery is moderate, and that inflation is still on track to hit 2% target in FY15. Note that the BOJ is preparing to formally update investors on its outlook for growth and inflation later this week. A Nikkei report earlier suggested FY14/15 GDP may be revised down to 0.6% from 1.0% due to the continuing drag from the consumption tax that went into effect in April. Also of note, Japan retail sales came in surprisingly stronger, potentially raising the probability of another sales tax hike next year.- Twitter is one of the largest movers on the downside afterhours, falling over 10% despite beating the top line consensus numbers and raising FY estimates. Analysts point to the slowdown in the Average Monthly Active Users (MAUs), with q/q growth falling to 1.1% from 6.3% in Q2, predominantly because of high Twitter use during the World Cup this summer.- Volatility in FX is subdued ahead of the pivotal FOMC policy meeting this Wednesday where the Fed will likely mark the end of QE3 with the final $15B taper. USD/JPY and EUR/USD are trading in a 20pip range below 108 and $1.2720 respectively. AUD/USD is outperforming with a 30pip rise from the lows above $0.8820.***Equities***US markets: - RCPT: Reports Positive Phase 2 Results for TOUCHSTONE Trial of RPC1063 in Ulcerative Colitis; Plans to initiate Phase 2 study of RPC1063 for the treatment of Crohn's disease in 2015; +30.7% afterhours- MSG: Board unanimously approves plan to explore possible spin-off; authorizes up to $500M of stock repurchases; +16.6% afterhours- RGC: Reports Q3 $0.18 v $0.19e, R$694M $727Me; Declares Special Cash Dividend of $1.00/shr (4.9% indicated yield) and Announces Exploration of Strategic Alternatives; +15.3% afterhours- SANM: Reports Q4 $0.61 v $0.53e, R$1.69B v $1.63Be; +14.6% afterhours- BWLD: Reports Q3 $1.14 v $1.06e, R$373.5M v $371Me; Increasing prices 3%; +6.3% afterhours- WMGI: To merge with Tournier NV, deal valued at $3.3B; receives FDA approvable for Augment Bone Graft; reports prelim Q3 Rev $71.3M v $75.8Me; raises FY14 Rev guidance to $298-302M v $309Me (prior $308-312M); +4.0% afterhours- AMGN: Reports Q3 $2.30 v $2.11e, R$5.03B v $4.92Be; +1.0% afterhours- HIG: Reports Q3 $1.06 v $0.84e, R$4.77B v $3.14Be; +0.5% afterhours- UHS: Reports Q3 $1.36 v $1.37e, R$2.02B v $1.99Be; -1.2% afterhours- HLS: Reports Q3 $0.55 v $0.48e, R$596.9M v $594Me, adjusts FY14 $2.24-2.27 v $2.02e, adj EBITDA $575-580M (prior $2.25-2.31, adj EBITDA $570-580M); -2.0% afterhours- CROX: Reports Q3 $0.30 v $0.14e, R$302.4M v $298Me, guides Q4 Rev $200-210M v $229Me ; -3.3% afterhours- KSS: Guides Q3 SSS -1.4%; FY14 at low end of prior range at $4.05-4.45 v $4.32e; -4.9% afterhours- TWTR: Reports Q3 $0.01 v $0.01e, R$361M v $352Me; MAUs +23% v +24% q/q; -11.0% afterhours- AMKR: Reports Q3 $0.20 v $0.26e, R$813M v $840Me; -13.2% afterhours Notable movers by sector:- Energy: Beach Energy BPT.AU -6.4% (Q1 results)- Consumer Discretionary: Stanley Electric 6923.JP +5.1% (H1 results)- Materials: Alacer Gold Corp AQG.AU +2.5% (Q3 results); BC Iron BCI.AU -12.8% (Q1 results, cuts FY15 sales target); Silver Lake Resources SLR.AU -6.4% (Q3 results)- Industrials: Sufa Technology Industry Co Ltd CNNC 000777.CN +10.0%, Shenzhen Woer Heat-Shrinkable Material 002130.CN +6.1%, Dongfang Electric 600875.CN +3.8% (China Premier comments on nuclear power); Tianjin Port Development 600717.CN +5.5%, Tianjin Jinbin Development 000897.CN +2.9% (China Pres comments on free trade zone trials); IHI Corp 7013.JP -6.0% (lower H2 op profit, rev guidance); Hino Motors 7205.JP -2.3% (press speculation on H1 results)- Healthcare: Takeda Pharmaceutical 4502.JP +0.6% (court reduces fine)- Utilities: Fujikura 5803.JP -8.3% (H1 results) - 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 12 Nov 2018
AA CA/US Holiday
Tue 13 Nov 2018
AA 09:30 GB- Employment
A 09:00 DE- ZEW Survey
Wed 14 Nov 2018
AA 09:30 GB- CPI
AA 09:30 EZ- GDP
A 14:30 US- EIA Crude
Thu 15 Nov 2018
A 01:30 AU- Employment
AA 09:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 16 Nov 2018
AA 10:00 EZ- Final HICP
A 14:15 US- Ind Prod/Cap Util

John M. Bland, MBA
co-founding Partner,

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