User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday February 24, 2015 - 06:42:38 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Mid-session Update: BHP profits fall, capex reduced; RBNZ lowers inflation view - Source

(NZ) NEW ZEALAND Q1 2-YEAR INFLATION EXPECTATION: 1.80% V 2.06% PRIOR; 1-YEAR EXPECTATION 1.11% V 1.59% PRIOR - (PH) PHILIPPINES DEC TRADE BALANCE: -$68.2M V -$381Me - (JP) JAPAN JAN PPI SERVICES Y/Y: 3.4% V 3.6%E - (AU) Australia ANZ Roy Morgan Weekly Consumer Confidence Index: 110.8 v 109.8 prior ***Index Snapshot (as of 03:30 GMT)***- Nikkei225 +0.3%, S&P/ASX +0.1%, Kospi +0.6%, Shanghai Composite closed, Hang Seng -0.6%, Mar S&P500 flat at 2,106***Commodities/Fixed Income***- Apr gold flat at $1,201, Apr crude oil +0.2% at $49.54/brl- SLV: iShares Silver Trust ETF daily holdings rise to 10,131 tonnes from 10,086 tonnes prior; highest since Jan 14th- JGB: (JP) Japan MoF sells 399.5B in 1.7% 40-yr bonds, bid to cover: 3.40x v 3.18x prior - (AU) Australia MoF (AOFM) sells A$200M in 1% indexed bonds due 2018; Avg yield of 0.0042%; Bid-to-cover: 5.03x ***Market Focal Points/FX***- Shares of BHP in Sydney are up about 3% and US ADRs were up 3.5% afterhours following mining giant's H1 report, despite net profits fall to $4.27B v $8.11B y/y and Rev sliding to $29.9B v $33.9B y/y. BHP has maintained its FY15 production guidance of 225Mt for iron ore, 73Mt for energy coal, and 255MMBOE for petroleum, also raising its interim dividend $0.62 v $0.59 y/y and cutting CapeEx by $1.8B over the next 18 months. Looking ahead, BHP said it expects sustained growth in China, stronger consumer spending in US and lower energy prices to support economic improvement in 2015.- NZD/USD is the biggest mover among USD majors, falling over 60pips below $0.7470 after RBNZ lowered its 2-yr inflation estimate by 36bps to 1.80% and 1-yr target by 48bps to 1.11%. RBNZ also noted hourly earnings growth expectations slid from 2.47% to 2.27% in the 1-year timeframe but remained around 2.6% over 2-year term. Earlier, New Zealand Institute of Economic Research (NZIER) noted that RBNZ will not be able to justify any more policy moves this year and will have to use macroprudential measures to deal with rising property prices in in Auckland. Note that RBNZ Gov Wheeler will testify as part of RBNZ Annual Report before the Parliament tomorrow.- Following overnight Nikkei feature that Japan PM Abe and BOJ Gov Kuroda may be experiencing a rift, subsequent press reports suggest the BOJ Gov has also expressed unease on plan to raise sales tax in 2017. Kuroda is said to be concerned that Japan could see another economic downturn at that time - considerations with ample precedent considering that Japan suffered a technical recession after the April 2014 consumption tax increase. USD/JPY was slightly higher in Asian session, rising about 30pips above 119.10.- In US financial sector, press reports emerged that JPMorgan may be forced to introduce new deposit fees on institutional clients including hedge funds, private equity companies and foreign banks, encouraging shift in funds to other products. Billions of dollars were rumored to be potentially affected by these rules, though the bank's spokesperson did not confirm the report. ***Equities***US markets: - CHGG: Reports Q4 $0.19 v $0.15e, R$84.4M v $86.2Me; Announces renewable agreement with Ingram Content Group Inc.; aims to move towards 100% digital revenue; +11.1% afterhours- FSLR: First Solar and SunPower plan to partner to form joint YieldCo vehicle; could subsequently launch it as an IPO; +9.1% afterhours- SF: Reports Q4 core $0.75 v $0.78e, R$578M v $588Me; Confirms deal to acquire Sterne Agee, terms not discussed; +6.7% afterhours- AGU: Reports Q4 $0.77 adj v $0.64e, R$2.71B v $3.01Be; +3.7% afterhours- BHP: Reports H1 Net $4.27B v $8.11B y/y, Rev $29.9B v $33.9B y/y; +3.4% afterhours- ESRX: Reports Q4 $1.39 v $1.38e, R$26.3B v $25.7Be; +2.6% afterhours- VIA: Said to be planning company-wide staff reductions as part of restructuring - financial press; +0.8% afterhours- JPM: Said to start charging new deposit fees to big clients; Likely to reduce deposits by "billions" - financial press; -0.2% afterhours- AMT: Reports Q4 AFFO $1.10 v $1.10e, R$1.05B v $1.04Be; -1.4% afterhours- THC: Reports Q4 $0.61 v $1.20e, R$4.47B v $4.35Be; -2.4% afterhours- WOR: Guides Q3 and Q4 lower; -5.3% afterhours- TRAK: Reports Q4 $0.42 v $0.42e, R$237.3M v $228Me; -5.9% afterhoursNotable movers by sector:- Consumer Discretionary: Skymark Airlines 9204.JP +5.9% (receives offer of support from ANA); Casio Computer 6952.JP +2.8% (plans to increase production); Flight Centre Limited FLT.AU +12.1% (H1 results)- Financials: QBE Insurance Group QBE.AU +7.1% (FY14 results); HSBC Holdings 5.HK -3.3% (FY14 results)- Materials: BC Iron BCI.AU -4.7% (H1 results); Orora Ltd ORA.AU +5.7% (H1 results); Atlas Iron AGO.AU -3.7% (H1 results)- Energy: BHP Billiton BHP.AU +2.8% (H1 results); Oil Search OSH.AU +0.5% (FY14 results); Yanchang Petroleum International 346.HK -4.9% (FY14 guidance); Oil Search Ltd OSH.AU +0.5% (FY14 results)- Industrials: Hitachi Ltd 6501.JP -0.7% (speculation on acquisition); China Fiber Optic Network System Group 3777.HK +3.5% (positive profit alert); Qube Logistics QUB.AU +9.1% (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

Sun 10 Mar 2019
AA CA/US- Clocks Move forward one Hour
Mon 11 Mar 2019
AA 13:30 US- Retail Sales
Tue 12 Mar 2019
AA 09:30 UK- Trade/Output
AA 13:30 US- CPI
Wed 13 Mar 2019
A 13:30 US- Durable Goods
A 13:30 US- PPI
A 16:00 US- EIA Crude
Thu 14 Mar 2019
A 13:30 US- Weekly Jobless
Fri 15 Mar 2019
AA 03:00 JP- BOJ Decision
A 14:15 US- Industrial Production
A 15:00 US- Flash Univ of Michigan

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 18 Mar 2019
No Major Data Tue 19 Mar 2019
AA 09:30 UK- Employment
A 12:30 US- House Starts/Permits
Wed 20 Mar 2019
AA 09:30 UK- CPI
A 16:00 US- EIA Crude
AA 18:00 US- Fed Decision
Thu 21 Mar 2019
A 01:30 AU- Employment
A 07:30 US- SNB Decision
AA 09:30 UK- Retail Sales
AA 12:00 UK- BOE Decision
A 12:30 US- Weekly Jobless
Fri 22 Mar 2019
Flash PMIs all day
AA 12:30 CA- Retail Sales/CPI

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