User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday March 25, 2015 - 05:24:12 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Mid-session Update: Kraft targeted by 3G Capital in potential $40B deal; New Zealand trade surplus misses estimates ***Economic Data*** -

(JP) JAPAN FEB PPI SERVICES Y/Y: 3.3% V 3.3%E - (NZ) NEW ZEALAND FEB TRADE BALANCE (NZD): 50M V 350ME (2nd consecutive month of surplus) - (AU) AUSTRALIA FEB SKILLED VACANCIES M/M: 0.2% V 0.7% PRIOR (2nd consecutive increase) - (KR) SOUTH KOREA Q4 FINAL GDP Q/Q: 0.3% V 0.4% PRELIM; Y/Y: 2.7% V 2.7% PRELIM; 2014 GDP 3.3% v 2.9% in 2013 - (PH) PHILIPPINES JAN TRADE BALANCE: -$752M V -$910Me ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 -0.1%, S&P/ASX +0.1%, Kospi -0.1%, Shanghai Composite -0.2%, Hang Seng +0.5%, Jun S&P500 flat at 2,085***Commodities/Fixed Income***- Apr gold -0.2% at $1,190/oz, May crude oil -0.4% at $47.55/brl, May copper -0.2% at $2.79/lb- (US) API PETROLEUM INVENTORIES: CRUDE: +4.8M (2nd straight build) v +5.5Me, GASOLINE: -2.6M v -2Me, DISTILLATE: -0.64M v -0.5Me - (SA) Saudi Arabia observed moving military equipment and heavy artillery to areas near its borders with Yemen - press - (CN) China MoF sells 3-yr bonds at avg yield of 3.22% - (JP) BOJ offers to buy 300B in 1-3yr JGBs, 350B in 3-5yr JGBs, and 400B in 5-10yr JGBs- USD/BRL: (BR) Brazil Central Bank (BCB) to end fx intervention program by end of March ***Market Focal Points/FX***- After partnering with Berkshire last year to acquire Heinz, Brazilian private equity firm 3G Capital has set reportedly set its sights on Kraft. The mega-deal is rumored to be valued as much as $40B or up to $50B when including debt. Shares of KRFT spiked up 16% in extended session. Recall overnight there was also some speculation that Yum Brands could be a potential target for 3G, though YUM was little changed afterhours.- Trade data out of New Zealand was the most notable economic event in an otherwise quiet session. February marked the 2nd consecutive surplus, though well below estimates, sending NZD/USD down by about 35pips below 0.7630 in the aftermath. Both exports and imports were at roughly NZ$3.9B - the former missing consensus and the latter beating by NZ$0.2B. Among the notable components, shipments to China plunged by 36% y/y and the overall dairy exports were down 42%, even though US-bound shipments rose by over 25%. Interim report out of Fonterra was also less than inspiring. Net profit fell to NZ$183M v NZ$206M y/y, and even though Fonterra affirmed its FY14/15 payout of NZ$4.70/kg, its forecast for overall cash payout including dividend was reduced by 5c to NZ$4.90-5.00/kg. Fonterra CEO said the results are "below our farmers expectations... a snapshot of tough conditions in dairy with variable production, demand and pricing."- Also down under, Australia top-3 iron ore producer Fortescue CEO stirred up controversy by calling on giants BHP and Rio Tinto to follow him and cut production to boost prices. The call resulted in a warning from competition regulator ACCC, and Treasurer Hockey also remarked that the govt is not supportive of "cartels". Also of note, RBA Semi-Annual Financial Stability Review pointed to elevated risks in housing and commercial property sector, even though the overall financial system was deemed to be performing strongly. AUD/USD traded in a narrow 30pip range below $0.79.- In Japan, Dep BOJ Gov Iwata went against the formal position driven by Gov Kuroda, questioning the likelihood of achieving 2% inflation target within the intended 2-year time frame. Iwata did acknowledge that real wages are rising as a trend and the end of deflation was in sight. Earlier, a Nikkei report noted the equity holdings by the BOJ have now topped 10T in market value and 5.7T in book value, making the central bank the biggest holder of Japan stocks next to GPIF's 27T. Report noted that while the BOJ does not publicly disclose the details of its share-buying operations, it frequently steps into the market and buys 30-40B in stocks when prices fall in the AM session.***Equities***US equities / ADRs:- KFX: Lexmark to Acquire Kofax for $11/shr in cash or about $1B; +45.3% afterhours- KRFT: Private equity firm 3G Capital said to be in talks to acquire Kraft Foods - financial press; +16.2% afterhours- STMP: Intends to Acquire Online Shipping Company Endicia From Newell Rubbermaid for $215M in cash; +9.6% afterhours- MRK: Announces New $10B Share Repurchase Program (6% of market cap); +1.7% afterhours- BDX: Said to weigh sale of respiratory devices unit; Valuation could be around $1.5-2.0B - financial press; flat afterhours- SCS: Reports Q4 $0.22 v $0.21e, R$749.9M v $764Me; Raises quarterly dividend by 7.1% to $0.1125 (implied yield 2.3%); -0.9% afterhours- NSM: Offering 17.5M shares (19% of shares outstanding); -5.2% afterhoursNotable movers by sector:- Consumer Discretionary: Myer Holdings Ltd MYR.AU +3.3% (shareholder raises stake); Intime Department Store Group 1833.HK +6.8% (FY14 results); Daphne International Holdings 210.HK +4.3% (FY14 results)- Financials: China Overseas Land 688.HK +2.3% (FY14 results); Kaisa Group Holdings 1638.HK -3.0% (S&P cuts rating); Agricultural Bank of China 1288.HK -0.3% (FY14 results)- Materials: Regis Resources RRL.AU -1.9% (shareholder cuts stake); Fortescue Metals Group FMG.AU +2.0% (founder calls for a cap in Australia iron ore production)- Energy: Kansai Electric Power 9503.JP +2.6% (speculation on decommissioning reactors)- Industrials: Sinotrans Air Transportation Development 600270.CN +4.2% (FY14 results); China International Marine Containers Group 000039.CN +3.8% (FY14 results)- Healthcare: Humanwell Healthcare Group 600079.CN -3.9% (FY14 results) - 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 20 November 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:


Mon 20 Nov
14:00 EZ- Draghi Speech
15:00 US- Leading Indicators
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