User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday May 13, 2015 - 16:03:51 GMT
Trade the News Staff - www.global-view.com/forex-services/TTN/

Share This Story:
| | Email

TradeTheNews.com US Market Update: Volatile Bonds Drive Volatile Equities

Wed, 13 May 2015 11:53 AM EST

***Economic Data***
- (PT) Portugal Apr CPI M/M: 0.3% v 0.4%e; Y/Y: 0.4% v 0.5%e
- (PT) Portugal Apr CPI EU Harmonized M/M: 0.4% v 0.4%e; Y/Y: 0.5% v 0.5%e
- (US) MBA Mortgage Applications w/e May 8th: -3.5% v -4.6% prior
- (RU) Russia Apr Official Reserve Assets: $356.0B v $350.0Be
- (US) Apr Advance Retail Sales M/M: 0.0% v 0.2%e; Retail Sales Ex Auto M/M: 0.1% v 0.5%e; Retail Sales Ex Auto and Gas: 0.2% v 0.6%e; Retail Sales Control Group: 0.0% v 0.5%e
- (US) Apr Import Price Index M/M: -0.3% v +0.3%e; Y/Y: -10.7% v -9.7%e
- (CA) Canada Teranet/National Bank HPI M/M: 0.2% v 0.1%e; Y/Y: 4.4% v 4.7% prior; House Price Index: 168.42 v 168.01 prior
- (US) Mar Business Inventories: 0.1% v 0.2%e
- (US) DOE Crude: -2.2M v 0.0Me; Gasoline: -1.1M v +0.5Me; Distillate: -2.5M v +0.5Me

European indices closed just a few points off their lows this morning, with big equity gains on mixed preliminary Q1 GDP data (France was a bit better than expected, Germany missed). US stocks were volatile, quickly shrugging off the April retail sales miss for a move up in the first 30 minutes of cash trading, followed by a move back towards unchanged. Bond markets continue to see-saw higher. As of writing, the DJIA is up 0.05%, the S&P500 is up 0.06% and the Nasdaq is up 0.24%.

European bond yields dipped lower earlier today in the wake of the soft April Chinese Industrial Production and Germany Q1 GDP data, helping prices recover from Tuesday's bout of selling, and Germany and Italy both successfully sold government debt. However the trend was reversed during the US session after the April retail sales report, with the 10-year UST giving up gains and adding 2.2 basis points, while the 10-year bund yield headed back in the direction of last Thursday's highs, adding five basis points to trade 0.720%.

The April advance retail sales report for April was pretty weak, however there were also positive revisions to the March data. Both the April headline total sales and the control group (which fees into the GDP reading) were flat, widely missing expectations. Meanwhile, the March headline Sales revised higher from 0.9% to 1.1% and the control was revised from 0.3% to 0.5%. Analysts highlight that April retail sales were curbed by declines in sales of cars, furniture, electronics and appliances. The greenback saw big gains after the retail sales report, with EUR/USD rising from 1.1220 as high as 1.1360.

WTI crude saw big gains through yesterday's session, aided at first by dollar losses and then after the US cash close by the second consecutive drawdown seen in last week's API crude inventories report. WTI was probing the $61.80 level ahead of today's DoE inventories report, which like the API numbers saw a consecutive drawdown in crude stocks, although WTI tumbled more than a buck after the report. Brent remain just below six-month highs at $67.80.

DuPont investors rejected Nelson Peltz's attempt to get on the board at the annual meeting today, the first failure for an activist campaign mounted by Trian Fund Management. The outcome is a big victory for DuPont Chairman and CEO Kullman, who refused to settle the proxy fight by giving a board seat to Peltz. Trian had splitting DuPont into two companies. Shares of DD are down 6% on the news.

Retailers Macys and Ralph Lauren are down today after tepid quarterly results. Ralph beat earnings expectations and beefed up its stock buyback, but tis comps were deep in the red and margins were under pressure. Macys earnings and revenue missed, while its guidance for the current quarter was for another earnings miss. M is off 2.0% and RL is down 3.0%, while many other retail names are following them lower.

***Looking Ahead***
- 12:00 (IS) Iceland Apr International Reserves (ISK): No est v 593B prior
- 13:00 (US) Treasury to sell $24B in 10-Year Notes
- 22:05 (NZ) New Zealand to sell NZD300M in Nominal Bonds

 

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.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.

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.


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.

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