User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday January 21, 2014 - 06:23:28 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Market Update: China stocks rally after an outsized PBoC liquidity injection - Source

(NZ) NEW ZEALAND Q4 CPI Q/Q: +0.1% V -0.1%E; Y/Y: 1.6% V 1.5%E (highest level since Q1 2012) - (ID) INDONESIA Q4 FOREIGN DIRECT INVESTMENT (FDI) Q/Q: 25.4% V 18.4% PRIOR ***Observations/Insights*** - PBoC delivered on its overnight pledge to ease the increasingly tighter liquidity conditions going into the Lunar New Year holidays in February; Central bank injected CNY180B in 21-day reverse repos and CNY75B in 7-day reverse repos, making the largest injection since Feb 2013 as well as its first open market operation in nearly a month. Repo rate opened up lower ahead of the announcement, and the 7-day shibor saw an 80bp drop to 5.53%. Shanghai Composite and the Hang Seng both rallied by over 1% in the morning session following the announcement. - New Zealand Q4 CPI tops expectations, with y/y inflation now in the 2nd quarter within the RBNZ target rate of 1-3%. Reports noting the figures pave the way for a certain RBNZ rate hike by March, while some now see a good chance for a tightening as early as next week. Swaps markets are pricing in over 60% chance of the early move, as NZD rises sharply across the board. - USD is supported by an opinion piece from WSJ Fed watcher Hilsenrath, who argues that the FOMC is still on track to continue to taper asset purchases. Hilsenrath sees another $10B reduction in the overall program to $65B/month, noting that Fed officials will see the surprise decline in December non-farm payrolls as a statistical aberration and the result of bad weather conditions. ***Fixed Income/Commodities/Currencies*** - (CN) PBoC to conduct CNY180B in 21-day reverse repos and CNY75B in 7-day reverse repos (biggest injection since Feb 2013, 1st injection after 7 consecutive halted operations) - (CN) Daily Shibor fixings; O/N: 3.6410% v 3.8880% prior (1st decline in 6 sessions); 1-week: 5.5350% v 6.3290% prior (1st decline in 4 sessions) - (CN) China 7-day repo rate opens 134 bps lower at 5.25% - (JP) Japan's MoF sells 2.48T in 0.2% (0.2% prior) 5-yr notes; Avg yield: 0.206% v 0.197% prior; Bid to cover: 3.73x v 4.43x prior - (JP) BOJ to buy 400B in CP outright on Jan 24th - USD is seeing its biggest gains against the Japanese Yen following a Hilsenrath piece forecasting further Fed taper this month. USD/JPY is up about 50pips above 104.60, while EUR/JPY and AUD/JPY are up 70pips from the lows for session highs of 141.80 and 92.40 respectively. EUR/USD is down slightly, falling about 20pips below 1.3540 and AUD/USD is tracking the China-driven risk-on sentiment higher above $0.8830. NZD/USD is a sizeable mover following the Q4 CPI release, rising as high as $0.8340 - up about 80pips after the data. ***Speakers/Political/In the Papers*** - (CN) Former PBoC adviser/director of National Economic Research Institute Fan Gang: China potential growth rate may slow to 7-8% in this decade; China's local debt problem is manageable; Real estate market has stabilized - (CN) China listed banks FY13 profit growth may below 10% y/y (record low since 2005) - financial press - (CN) PBoC Academic researcher Wang Yong: China should avoid liquidity risk in commercial banks - Chinese press - (CN) China imposes tariffs on solar-grade polysilicon from US, South Korea - (CN) Credit Suisse head of precious metals: China gold imports may fall as much as 10-15% in 2014 - financial press - (JP) Japan Fin Min Aso: Difficult to find revenue to make up for a cut in corporate tax rate - (JP) Japan Econ Min Amari: US, Japan needs to work together to bring Trans-Pacific Partnership (TPP) positions closer - (KR) South Korea Jan 1-20 exports $27.3B, +5.8% y/y, imports $29.2B, +5.0% y/y; Result seen as a trade deficit of $1.86B - financial press cites South Korean customs agency - NZD/USD: (NZ) Westpac's Speizer: Latest New Zealand CPI solidifies the case for an RBNZ rate hike in March; Raises the possibility of a start this month - NZ press - (NZ) Latest swaps market data indicates the probability of RBNZ rate rise in Jan increased to 65% vs 44% after the release of Q4 CPI - financial press - (NZ) ANZ: New Zealand Central Bank (RBNZ) should raise cash rate on Jan 30th following latest CPI data - financial press - (US) WSJ's Fed watcher Hilsenrath: Fed on track to reduce bond purchases at Jan 28-29th meeting by another $10B to $65B/month - financial press ***Equities*** Market Snapshot (as of 04:30 GMT): - Nikkei225 +1.5%, S&P/ASX +0.5%, Kospi +0.5%, Shanghai Composite +0.6%, Hang Seng +0.6%, Mar S&P500 +0.4% at 1,841, Feb gold +0.9% at $1,251, Mar crude oil -0.1% at $93.90/brl US markets: - CAM: To Sell Reciprocating Compression Division for $550M to GE - BA: GE Capital Aviation Services (GECAS) may order 40 737s in order worth $4B - press; Boeing, GECAS announce order for 20 737 MAXs, 20 Next-Gen 737s; deal valued at $3.9B - AGU: Provides Q4 guidance, reports one-time adjustments; Guides Q4 EPS toward the bottom of prior forecast of $0.80-1.25 v $1.02e Notable movers by sector: - Consumer Discretionary: Hefei Meiling 000521.CN +6.7% (FY13 guidance); Huayi Brothers Media Corp 300027.CN +3.0% (box office result); Beijing Gehua CATV Network 600037.CN +10.1% (cloud gaming alliance); Nifco Inc 7988.JP +4.2% (press report on 9M results) - Materials: Shandong Chenming Paper Holdings 000488.CN +8.2% (FY13 guidance); Cockatoo COK.AU -2.7% (Harum reduces holding in company) - Technology: Haier Electronics Group 1169.HK +4.2%; Telling Telecommunication Holding 000829.CN +4.3% (FY13 guidance); Lenovo Group 992.HK +3.5% (in talks to acquire IBM's server unit); Liaoning Julong Financial Equipment Corp 300202.CN +5.1% (FY13 guidance); NEC 6701.JP +2.6% (speculation on sale of Biglobe unit) - Energy: CNOOC 883.HK -5.3% (FY14 guidance); Guangzhou Development Group 600098.CN +1.7% (share repurchase plan); Digital Garage 4819.JP +1.3% (H1 results); Jiangsu Zongyi 600770.CN +10.0% (mobile gaming plans) - Industrials: Gome Electrical Appliances Holdings 493.HK +8.7% (prelim FY13 result); Shenzhen Tagen Group 000090.CN +3.6% (FY13 guidance) - Healthcare: Guangdong Taiantang Pharmaceutical 002433.CN +5.7% (special dividend proposal); Zhejiang Jolly Pharmaceutical 300181.CN +4.1% (FY13 result) - Telecom: ZTE Corp 000063.CN +3.7% (FY13 guidance) - 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 LIVE to YOUR charts

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

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

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


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
Managed Forex Accounts
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 ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105