User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Thursday April 2, 2015 - 04:44:51 GMT
Trade the News Staff - www.tradethenews.com/freetrial.asp?gv

Share This Story:
| | Email

TradeTheNews.com Asian Mid-session Update: Australia Trade Balance in deficit for 11th month; Hong Kong PMI returns to contraction ***Economic Data***

AU) AUSTRALIA FEB TRADE BALANCE (AUD): -1.3B V -1.3BE (11th consecutive deficit, biggest deficit in 5 months) - (AU) AUSTRALIA MAR TD SECURITIES INFLATION M/M: 0.4% V 0.0% PRIOR (11-month high); Y/Y: 1.5% V 1.3% PRIOR - (AU) AUSTRALIA DEC-FEB JOB VACANCIES Q/Q: 0.8% V 2.6% PRIOR - (HK) HONG KONG MAR HSBC PMI: 49.6 V 50.7 PRIOR - (JP) JAPAN MAR MONETARY BASE Y/Y: 35.2% V 36.7% PRIOR; MONETARY BASE END OF PERIOD: 295.9T V 278.9T PRIOR - (NZ) NEW ZEALAND MAR ANZ COMMODITY PRICE M/M: 4.6% V 4.2% PRIOR - (KR) SOUTH KOREA FEB CURRENT ACCOUNT: $6.4B V $6.6B PRIOR ***Index Snapshot (as of 02:30 GMT)***- Nikkei225 +1.3%, S&P/ASX +0.6%, Kospi +0.3%, Shanghai Composite +0.3%, Hang Seng +0.5%, Jun S&P500 -0.2% at 2,051***Commodities/Fixed Income***- Jun gold -0.1% at $1,203/oz, May crude oil flat at $49.57/brl, May copper 0.1% at $2.75/lb- (CN) PBoC to inject CNY25B in 7-day reverse repos (11th consecutive injection); Injects net CNY5B this week v injected CNY10B prior (2nd week of injection); Offer yield at 3.55%, unchanged - (JP) Japan investors bought net 1.02B in foreign bonds v bought net 788B in prior week; Foreign investors sold net 35B in Japan stocks v sold net 352B in prior week ***Market Focal Points/FX***- Regional indices are mixed despite more moderate selling on Wall St, where S&P500 joined the Dow to YTD losses, even though key March 11th support levels in both are still holding. Nikkei225 is outperforming with an over 1% rally even though the yen pairs are little changed. Shanghai Composite and the Kospi are up a modest 0.3%. - AUD/USD was the biggest mover among the dollar majors, falling over 30pips below $0.7580 as Australia trade balance hit its biggest deficit in 5 months. Import growth slowed to 2% and export growth was unchanged at 1%. Shipments of iron ore were little changed and crude oil shipment value actually rose to A$596M v A$553M prior, but coal exports fell sharply to A$3.06B v A$3.33B prior as China regulators reined in the coal industry for its pollutants. Pressure is building for RBA to cut next week, with one survey publishing unanimous forecast by analysts that rates will fall to 2.00% either as of April or May. Late in the session, JPMorgan warned there's a chance Australia will lose its AAA rating because of falling commodity prices if it does not changes its course on the budget.- In China, PBoC net injection for the week was reduced to CNY5B from CNY10B, but offering yield stayed on hold at 3.55% this week after two straight weeks of lower yield. Some analysts are still calling for fresh easing by the central bank, particularly as markets head into Easter holiday weekend. Also of note, Fitch warned the latest property market stimulus via reduction in downpayment requirements may have limited impact since it will not alleviate excess housing supply. Hong Kong PMI also fell back into contraction as employment continued to decline - sentiment that matched the latest concern over labor in yesterday's China PMIs.- After yesterday's miss in Japan Tankan manufacturing, today's quarterly Tankan survey on prices saw companies forecast inflation at just 1.4% within a year and 1.6% in 3 years - well below the official 2% target expected to be reached in FY15/16. Recent slowdown was also apparent in the latest Japan Center for Economic Research projections, with Feb GDP estimated at -2.1% m/m, the first decline in 3 months. Recall overnight comments from a ruling party official Yamamoto calling for fresh BOJ easing as soon as this month.- With the yields on Greek 10-yr bonds rising another 20bps to 11.5% and funds flowing out of the banking system, ECB offered another 700M to local banks in ELA funding. Greek cabinet official also diffused the latest reports of blackmail by Athens, announcing the govt will repay IMF debt due next week and also clarifying the state remains solvent through April.***Equities***US equities / ADRs:- XON: Signs Cooperative Research and Development Agreement (CRADA) with the National Cancer Institute (NCI); +2.4% afterhours- DENN: Approves $100M increase to share buyback program (10% of market cap); establishes $250M credit facility; +0.3% afterhours- HLF: Pershing Square: Herbalife operates in violation of China's direct selling and pyramid sales laws; -0.8% afterhours- MU: Reports Q2 $0.81 v $0.77e, R$4.17B v $4.16Be; Guides Q3 Rev $3.80-4.05B v $4.29Be - earnings slides; -1.3% afterhoursNotable movers by sector:- Consumer Discretionary: Adastria Holdings 2685.JP +4.0% (raises guidance)- Financials: QBE Insurance Group QBE.AU +4.3% (to raise dividend; provides update); Shanghai Pudong Development Bank 600000.CN +1.0% (said to plan to acquire a local bank); Country Garden Holdings 2007.HK +5.4% (Ping An Insurance said to have acquired stakes)- Materials: BC Iron BCI.AU -4.2% (iron ore trades below $50/tonne)- Industrials: Bradken BKN.AU +10.8% (receives bid); Lend Lease Corp LLC.AU +2.1% (receives project approval); Austal ASB.AU +2.0% (receives orders); BYD 1211.HK +2.9% (President's forecast on 2015 vehicle sales)- Healthcare: Takeda Pharmaceutical 4502.JP +1.4% (considers to shut down a plant); Nippon Kayaku 4272.JP +2.2% (speculation on FY15/16 results)- Utilities: Mitsubishi Electric 6503.JP +1.8% (speculation on FY14/15 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