Mtl JP 23:41 GMT September 24, 2013
Global Markets News
CB 21:53 that would make a mockery of the milliseconds argument as immaterial bs then
GVI Forex john -- Inner Circle 22:27 GMT September 24, 2013
Calendar
Reply
September 24 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thusday, September 25.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: US- Durable Goods, New Homes Sales
- Far East: No Major Data.
- Europe: GB- CBI Distributive Trades.
- North America: US- Durable Goods, New Homes Sales, Weekly Crude, 5-yr Auction.
dc CB 21:53 GMT September 24, 2013
Global Markets News
a ZeroHedge Reader wrote:
I knew of the Fed decision and growth forecasts around 5-6 minutes before 2 pm last Wednesday, even though I was not there. I work at a news organization represented at the Fed statement �lockup� and the Bernanke press conference last week. This was in no way secure the way the Labor and Commerce Department lockups are. Those in the Fed statement lockup were able to communicate by text message and email after they received the statements and before 2 pm. Those in the room awaiting the press conference also were able to communicate electronically after the received the statement, several minutes before 2 pm. Everything was honor-based, but anyone in their respective newsrooms could have gotten the information early from them and passed it on. Given the large number of reporters involved, there are many ways the decision could have gotten into the market several minutes before the announcement. I am truly surprised it was only seen in gold trade. The fact is, though, the Fed made it possible for many people to leak it.
From The Tip Box: "The Fed Made It Possible For Many People To Leak It"
GVI Forex john -- Inner Circle 21:11 GMT September 24, 2013
Conference Board Sentiment Survey weaker. IFO mixed
Reply
- HIGH
IMPACT ITEMS: US- Durable Goods, New Homes Sales
- The U.S. Conference Board
Consumer
Sentiment Survey fell through the 80 line in line with recent softness
in the University of Michigan Survey.
- The German IFO
sentiment Survey fell short of street expectations but the headline
reading was still up month on month. will be released. The EURUSD
dipped on the data. See the FOREX FORUM
for latest key data and charts as they are released.
- On Friday, the University of
Michigan
Sentiment Survey is released among other items.
- Press reports increasingly
suggest that Janet
Yellen is the likely candidate to take Bernanke's job. The nomination
could come as early as this week or next. She should be a safe
appointment.
- For additional key items and
more detail (dates, times, data estimates), be sure to reference our Economic
Calendar . See the FOREX FORUM
for latest key data and charts as they are released.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3317
|
JGB
0.67% -3bp
|
Asia
Close Lower
|
USDJPY
99.13
|
Bund
1.85% -7bp
|
Europe
Mixed
|
EURJPY
132.01
|
U.S.
2.65% -7 bp
|
North
America: Mixed
|
GVI Forex Blog 21:10 GMT September 24, 2013
Reply
HIGH IMPACT ITEMS: US- Durable Goods, New Homes Sales
The U.S. Conference Board Consumer Sentiment Survey fell through the 80 line in line with recent softness in the University of Michigan Survey.
Conference Board Sentiment Survey weaker. IFO mixed
GVI Forex john -- Inner Circle 20:42 GMT September 24, 2013
Chart Points
UPDATED. Global-View Free FX Database. High-Low-Close data
for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.
GVI Forex john -- Inner Circle 20:36 GMT September 24, 2013
United States
Reply
-- ALERT --
(Estimates and Previous data for EIA Survey)
Crude Oil: -0.054 vs. -1.000 exp vs. -4.400 prev.
Gasoline: +0.341 vs. 0.000 exp vs. +1.600 prev.
Distillates: +0.485 vs. -0.500 exp vs. -1.100 prev.
Cap/Util: 91.0% vs. n/a exp vs. 92.50% prev.
TTN: Live News Special Offer
Mtl JP 20:36 GMT September 24, 2013
Global Markets News
somebody at Moody's has lost their marbles with the "market participants would perceive an increased probability of sovereign default" prognistique
Mtl JP 20:32 GMT September 24, 2013
Global Markets News
Failure to raise US debt limit would be worse than government shutdown moodys
We expect the US will both avoid a shutdown and increase the debt limit; failure at either would have negative economic consequences. A failure to raise the federal debt limit, however, would have greater adverse financial market and economic consequences because market participants would perceive an increased probability of sovereign default. A government shutdown would not affect debt service. .../..
--
No worry in Washington nor by Moody's for that matter about some FED taper
Mtl JP 20:19 GMT September 24, 2013
actually... DJIA and SnP 500 are about to close down
GVI Forex Blog 20:03 GMT September 24, 2013
Reply
Mixed economic data was overshadowed by dovish comments from the Fed and BoE, helping to lift stocks back into positive territory and adding further fuel to the ongoing bond market rally.
NZ Morning Thoughts - FX & IR
dc CB 19:35 GMT September 24, 2013
The Morgan
Reply
The nation�s largest bank is bracing for a lawsuit from federal prosecutors in California
JPMorgan and the Department of Housing and Urban Development briefly discussed the possibility of striking a wide-ranging settlement to conclude many of the looming mortgage investigations from federal authorities and state attorneys general.
But the housing agency floated a price tag of about $20 billion for the settlement, .....
JPMorgan lawyers, were stunned by the size of the proposed penalty ,..expected to pay a fraction of that sum.
JPMorgan�s Legal Hurdles Expected to Multiply
Mtl JP 18:40 GMT September 24, 2013
Global Markets News
making policy clear(er) to some more than to others ?
how about some salt in the wound :
Some traders got 'no taper' decision news earlier - cnbc
..." Some traders in Chicago appear to have had access to the Fed's decision before anyone else in the Windy City. According to trading data reviewed by CNBC, they began buying in Chicago-traded assets just before others in that city could possibly have been aware of the Fed's decision. By one estimate, as much as $600 million in assets changed hands in the milliseconds before most other traders in Chicago could learn of the Fed's September surprise�a sharp contrast to the very low volume of trading ahead of the Fed's decision.
Eric Hunsader, founder of the market analysis firm Nanex, first spotted the unusual trading pattern and alerted CNBC to it. "...
jerusalem kb 18:16 GMT September 24, 2013
Pipshunter
JERUSALEM kb 15:20:35 GMT - 09/24/2013
Sell Gold
Entry: 1315 Target: Stop: 1321
sold
===
hit sl -60
Saar KaL 17:25 GMT September 24, 2013
KaL's Trend and Level
gold longs and silver is ok BTW
and only a correction
still they are are sells in a few months IMO
Saar KaL 17:22 GMT September 24, 2013
KaL's Trend and Level
even usdcad shorts
and eurgbp shorts
I am closing what I can
will wait
Saar KaL 17:18 GMT September 24, 2013
KaL's Trend and Level
Guys
From now on I will only Long
something IntraMonth
If Fundamentals are ok
For example
cable now over bough and overall average for 2 months
should be around 1.58
for the year 1.45
so even though the residual seems a promise of 1.66
I am bailing out from longs
I wont short it either
i will wait and watch until the trend changes
GVI Forex john -- Inner Circle 15:50 GMT September 24, 2013
Fixed Income
Prices in prime fixed income markets are higher late in Europe. Peripherals prices mostly up.
GVI Forex Blog 15:37 GMT September 24, 2013
Reply
September 24 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thusday, September 25. Updated: Trading Events Calendar
HIGH IMPACT RELEASES: US- Durable Goods, New Homes Sales
GVI Forex Data Outlook for September 25, 2013
GVI Forex john -- Inner Circle 15:36 GMT September 24, 2013
Calendar
Reply
September 24 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thusday, September 25.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: US- Durable Goods, New Homes Sales
- Far East: No Major Data.
- Europe: GB- CBI Distributive Trades.
- North America: US- Durable Goods, New Homes Sales, Weekly Crude, 5-yr Auction.
Saar KaL 15:27 GMT September 24, 2013
KaL's Trend and Level
My Gold Longs
1,340.1771 1,300.3606
1,342.4192 1,297.8691
1,345.5580 1,294.3811
1,349.9524 1,289.4978
1,356.1045 1,282.6612
1,364.7175 1,273.0899
Saar KaL 15:22 GMT September 24, 2013
KaL's Trend and Level
Cable
Buying and tgt
1.6133 1.5958
1.6144 1.5948
1.6159 1.5934
1.6181 1.5915
1.6211 1.5888
1.6252 1.5850
1.6311 1.5797
JERUSALEM kb 15:20 GMT September 24, 2013
Pipshunter
Sell Gold
Entry: 1315 Target: Stop: 1321
sold
Tallinn viies 14:49 GMT September 24, 2013
eurusd
Reply
rmr going round of an italian downgrade
friday evening after the close perfect time as always imho
Saar KaL 14:05 GMT September 24, 2013
KaL's Trend and Level
silver started to long for end of oct
possisble 27
GVI Forex john -- Inner Circle 14:04 GMT September 24, 2013
United States
University of Michigan-Conference Board Sentiment. CB Survey back below 80. Weakness presaged in U of M Survey
Belgrade TD 13:40 GMT September 24, 2013
Daily TA trade
Belgrade TD 18:24 GMT September 18, 2013
... Sold Sp500 (ES) ~ 1714 ... T/S later ...
///
out 1/4 ~1704 ... reducing risk ... out another 1/4 ~1693 ...
///
out another 1/4 ~ 1694 ... for last 1/4 set stop at 1702 ... also out earlier eur/usd short near BE ...
Saar KaL 13:23 GMT September 24, 2013
KaL's Trend and Level
I am Bullish from 1300 to 1290
I gave out the levels
it will be heading back to 1370ih
Central Kwun 13:06 GMT September 24, 2013
KaL's Trend and Level
KaL, your gold bull call seem impossible, dropped a lot since you are bullish
GVI Forex john -- Inner Circle 12:37 GMT September 24, 2013
Canada
Canada: Retail Sales Data. Better than expected.
GVI Forex john -- Inner Circle 12:20 GMT September 24, 2013
Canada
Reply
HEADS-UP: Data (top of forum)
EURUSD= 1.3465
GBPUSD= 1.5958
USDJPY= 98.65
AUDUSD= 0.9390
USDCAD= 1.0285
US 10-yr= 2.69%
DE 10-yr= 1.88%
GB 10-yr= 2.86%
(Manually refresh forum to update Calendar)
Direct links to primary data sources
Mtl JP 12:12 GMT September 24, 2013
Observations
after dovish speech - basically no tightening for miles and miles ahead - by Miles, next up is Tucker at 12:45
London Misha 11:17 GMT September 24, 2013
Observations
Reply
EURUSD - After two indecisive Spinning Tops we now have a Key Reversal Down on the Daily Chart.
USDJPY - Follow on with 2nd Black Crow to a Bearish Tweezer Top but halts at 38.2% Fib jun-Jul move at 98.56 on Daily Chart.
GBPUSD - After two days of bearish patterns we have a Bullish Above Stomach Pattern on Daily Chart.
USDCHF - After indecisive Spinning Top, now a Key Reversal Up on Daily Chart & still fails at 2011-to-date Neckline of H+S Top (0.9081).
EURGBP - Despite Key Reversal Up on Weekly Chart we now have a Key Reversal Down on Daily Chart.
AUDUSD - Possible Bullish Piercing Pattern follows 2nd Black crow & Tweezer Top on Daily Chart.
USDINR - Market still tries up to fill the Gap but still either 2nd part of Midway Gap or final Exhaustion Gap on Daily Chart.
USDZAR - Possible Bearish Dark Cloud Cover on Daily Chart. Dead Cross of Short MA down through Short/Medium MA.
USDBRL - Possible Small Bearish Engulfing Pattern as market closes just below both Fibs 2.1978 & 2.2028 on Daily Chart.
Saar KaL 09:26 GMT September 24, 2013
KaL's Trend and Level
AUDJPY
Longs
92.5052
92.1685
91.8317
for 96.2 tgt
Kaunas DP 09:14 GMT September 24, 2013
EURUSD 13455
Amman wfakhoury 08:11 GMT September 24, 2013
///
First an attempt to go above 1.3530/40 as long as too many trailing stops of top pickers above 1.3520... IMHO
GVI Forex john -- Inner Circle 09:08 GMT September 24, 2013
Key German IFO survey mixed. Key U.S. data due
Reply
- HIGH
IMPACT ITEMS: CA- Retail Sales, Conference Board Survey
- The closely-followed German IFO
sentiment Survey fell short of street expectations but the headline
reading was still up month on month. will be released. The EURUSD
dipped on the data. See the FOREX FORUM
for latest key data and charts as they are released.
- The closely-followed U.S.
Conference Board
Consumer
Sentiment Survey is due later.
- On Friday, the University of
Michigan
Sentiment Survey is released among other items.
- Press reports increasingly
suggest that Janet
Yellen is the likely candidate to take Bernanke's job. The nomination
could come as early as this week or next. She should be a safe
appointment.
- For additional key items and
more detail (dates, times, data estimates), be sure to reference our Economic
Calendar . See the FOREX FORUM
for latest key data and charts as they are released.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3313
|
JGB
0.68% -2bp
|
Asia
Close Lower
|
USDJPY
99.04
|
Bund
1.90% -2bp
|
Europe
Mixed
|
EURJPY
131.86
|
U.S.
2.69% -3 bp
|
North
America: Mixed
|
GVI Forex Blog 09:07 GMT September 24, 2013
Reply
HIGH IMPACT ITEMS: CA- Retail Sales, Conference Board Survey
The closely-followed German IFO sentiment Survey fell short of street expectations but the headline reading was still up month on month. will be released. The EURUSD dipped on the data.See the FOREX FORUM for latest key data and charts as they are released.
Key German IFO survey mixed. Key U.S. data due
ottawa ottawa 08:39 GMT September 24, 2013
KaL's Trend and Level
Well, thanks...But you know the correlation between CHF and Euro is high, so I assumed you are long eur because you are bullish CHF, my question was if you had turned bullish USD because of the fundo-technical jumbo from the judges regarding the tapering ???
Anyway, this market is very crazy these days, and long term has become 15 minutes...
thanks again
GVI Forex john -- Inner Circle 08:37 GMT September 24, 2013
Eurozone
post IFO German 10-yr 1.88% (-2bp vs. beforethe data).
Saar KaL 08:28 GMT September 24, 2013
KaL's Trend and Level
Otwa
I do not think that matter Much
against the CHF...yes Bullish
against eurusd...yes
not against GBP
GVI Forex john -- Inner Circle 08:14 GMT September 24, 2013
Eurozone
German September Ifo data mixed.
Amman wfakhoury 08:11 GMT September 24, 2013
EURUSD 13455
Reply
Amman wfakhoury 20:08 GMT September 23, 2013
EURUSD 13455: Reply
Mark
Any rise above 13500 ..will return again to 13500
-------------------------------
EURUSD returned to 13500 as I said..close below 13500
13455 will be reached
Hong Kong AceTrader 08:06 GMT September 24, 2013
Sept 24 : Daily Market Outlook on Major GBP/USD
Reply
DAILY GBP/USD OUTLOOK - 1.6029
24 Sep 2013 07:26GMT
Despite sterling's retreat fm 1.6073 to 1.6017 in NY y'day, below said sup needed to signal recovery fm 1.5986 (Fri) has ended n bring resumption of decline fm last Wed's 8-month peak at 1.6163 to 1.5958, 'loss of momentum' wud keep cable abv 1.5920/25.
Sell again on intra-day recovery as only abv 1.6100 indicates pullback is over, risks 1.6142/47.
STRATEGY : Sell at 1.6060
OBJECTIVE : 1.5965
STOP-LOSS : 1.6098
RES : 1.6073/1.6100/1.6163
SUP : 1.6017/1.5986/1.5958
london red 08:05 GMT September 24, 2013
Eurozone
ifo expected weaker but move thru 100 hour ma should bring 13450 into focus which should hold for the day.
GVI Forex john -- Inner Circle 08:02 GMT September 24, 2013
Eurozone
IFO data mixed to weaker than expected. Headline figure up mo/mo. EURUSD dips.
GVI Forex john -- Inner Circle 07:55 GMT September 24, 2013
Fixed Income
Reply
Prices in prime fixed income markets are higher early. Peripherals prices mostly up.
ottawa ottawa 07:18 GMT September 24, 2013
KaL's Trend and Level
so you are turning bullish on USD ??? or just short chf ???
thanks
edmonton kw 07:14 GMT September 24, 2013
buy euro
eur/chf at support will it be defended
prague mark 06:40 GMT September 24, 2013
buy euro
abel, great idea... in case IFO is SUPERBEAT positive...IMHO
jkt abel 06:30 GMT September 24, 2013
buy euro
Reply
buy 1.35, stop 100 pips for 1.37-1.38
Saar KaL 05:31 GMT September 24, 2013
KaL's Trend and Level
EURUSD expected
https://www.facebook.com/photo.php?fbid=10151702193341775&l=7c8c4dc91c
Syd 05:13 GMT September 24, 2013
- Source TradeTheNews.com
Reply
(US) Fed's Fisher (hawk, alternate on FOMC): Argued against the Fed's decision last week not to taper; decision not to taper hurt Fed credibility- Banks remain too big to fail and pose a risk to the US economy and could easily see SIFIs at the center of another future crisis; coddling the largest banks is a lingering problem. - Asset quality is showing slow and steady improvement. banks are showing continued improvement in profitability. - Bank lending is improving, but small business lending remains weak. - Q&A: - The White House has badly mishandled the Fed chairman succession. There should not be a public debate over the next Fed chairman. - Yellen is a good person, would make a great chairman but her policy views are wrong. - Fed should never be a political instrument. - Would like to stop adding to the Fed balance sheet, take "a little booze out of the punchbowl." - Was a very close, tough decision on whether or not to taper. I am not alone in wanting to dial back QE. - Chairman should hold a press conference after every FOMC meeting. - Would favor trimming monthly QE asset purchases by $10B - Reiterates that the taper is data dependent. - Source TradeTheNews.com
Saar KaL 05:06 GMT September 24, 2013
KaL's Trend and Level
usdchf IMO now Bullish till .935 +
buying today and into the week on dips
Hong Kong AceTrader 03:41 GMT September 24, 2013
Sept 24 : Daily Market Outlook on Asian Exotics USD/IDR
Reply
USD/IDR DAILY OUTLOOK - 11485
24 Sep 2013 01:12GMT
Dlr's strg rebound fm 11270 (last Thur) signals
the fall fm 11520 is possibly over n upside bias
is seen for re-test of said lvl, then 11590.
Trade fm long side with stop as indicated, only
below 11350 wud risk stronger retrace. to 11270.
STRATEGY : Long at 11500
POSITION : Long at 11500
OBJECTIVE : 11600
STOP-LOSS : 11450
RES : 11520/11590/11700
SUP : 11350/11270/11200
Hong Kong AceTrader 01:37 GMT September 24, 2013
Sept 23: Euro weakens on weaker-than-expected manufacturing PMI
Reply
Market Review - 23/09/2013 22:10GMT
Euro weakens on weaker-than-expected manufacturing PMI
The single currency opened higher and rose to an intra-day high of 1.3555 at New Zealand open after voters in Germany gave Angela Merkel a third term as Chancellor in elections held on Sunday. Price retreated in Asian morning and traded sideways before falling to 1.3508 in European morning after the release of weaker-than-expected Germany and EU manufacturing PMI data. Euro remained under pressure in New York morning and dropped to a session low at 1.3480 before stabilising.
Germany manufacturing PMI (flash) in September came in 51.3, worse than the forecast of 52.2. EU manufacturing PMI (flash) in September came in 51.1, worse than the forecast of 51.8.
Versus the Japanese yen, the greenback remained under pressure in Asia and retreated to 98.86 in European morning on continued expectations that the Fed will not taper its bond purchases anytime soon. Price dropped to an intra-day low at 98.65 after Federal Reserve Bank of New York President William C. Dudley said policy makers must �forcefully� push against economic headwinds.
The British pound traded with a firm undertone in Australia and strengthened to 1.6032 in Asian morning before rising to an intra-day high at 1.6073 due to cross-buying of sterling vs euro (eru/gbp fell from 0.8475 to 0.8404). However, price pared intra-day gains and retreated to 1.6017 in New York morning before stabilising.
In other news, ECB's Draghi said 'expects recovery to continue in current quarter despite weak industrial production in July; underlying price pressures in Euro zone expected to remain subdued; inflation risks are broadly balanced; ECB monetary policy stance will remain accommodative for as long as necessary.'
On the data front, U.S. Markit PMI preliminary (Sep) came in at 52.8, vs the forecast of 54.0. U.S. Chicago Fed index (Aug) came in at 0.14, vs the forecast of -0.05, previous reading is revised to -0.43.
Data to be released on Tuesday :
U.K. BBA mortgage approvals, Germany IFO business climate and current assessment, Canada retail sales, U.S. retail sales, house price index, S&P house price index and consumer confidence.
many more chart points
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