User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Friday March 7, 2014 - 17:22:24 GMT
Trade the News Staff -

Share This Story:
| | Email






• Markets take Ukraine crisis in their stride, but tensions still pose key risk

• Chinese data to provide first clear steer on how the economy is performing this year

• Strength of euro poses risk to euro area recovery


Ukraine tensions continue to pose key risk... With Russia's military presence looming large, and the country at risk of civil war, the economic and financial market implications of the tensions in the Ukraine remain centre stage. Although there have been bouts of volatility, so far global markets have taken recent events in their stride. The presumption, it seems, is that some form of compromise will be reached or the West will ultimately turn a blind eye. The situation, however, remains on a knife-edge. A referendum on the status of Crimea (planned for 16 March) poses an obvious flash point, with the Ukraine government, the EU and US all condemning it as illegal.


A quiet week for data... With the notable exception of China, it is a fairly quiet week for economic data, but there are still some important events and releases to watch out for. In the US, the focus will be on retail sales and business inventories (both Thurs), PPI (Fri) and the Senate nomination hearings for Fed Board members (Weds). The House will also debate President Obama’s FY14-15 Budget. As has been the case for some weeks, the data are likely to be heavily distorted by the unusually cold winter. The question is whether this disguises some underlying weakness.


Retail sales boosted by rise in petrol prices... We expect retail sales, both headline and ex-autos, to have risen by 0.3%m/m in February. The rise in petrol prices over the past month, however, is expected to have contributed to this, as the US retail sales data are measured in values not volumes. Petrol price increases are also likely to have boosted the PPI (we look for +0.3%m/m). Business inventories will be watched especially closely for signs of an ongoing correction to the build-up in the second half of last year. The performance of inventories poses a key swing factor for US GDP growth in the next couple of quarters. Lastly, the Senate confirmation hearings for potential Fed Vice Chair Stanley Fischer and two other Fed governors will be watched for any differences of opinion with Fed Chair Yellen.


Fragility of China in the spotlight... Elsewhere, the coming week will provide the markets with the first clear steer on how the Chinese economy is performing year to date, allowing for both the the pre- and post-seasonal distortions caused by the Lunar New Year. Data include external trade (Sat), CPI (Sun), and retail sales and industrial production (Thurs). The data will be scrutinised amid scepticism that the government will be able to achieve its 7.5% growth target for this year - a goal unveiled at this week’s Annual Congress. This continues over the coming week, drawing to a close late Wednesday.


Strength of euro poses downside risk... After the 0.8% gain in German industrial production on Friday, French and Italian output data (Mon) will be watched for signs the recovery is broadening. Although we expect the January data to bounce back after the prior month’s sharp decline, the improvement could be short-lived. With the euro pushing ever closer to 1.40 against the US dollar, currency strength poses a key risk to the region’s growth and inflation prospects. Although ECB President Draghi is expected to continue to skirt round these concerns at a speech in Austria on Thursday, we suspect politicians could be more vocal if the euro continues to strengthen.


TSC may tease out signs of dissent... In the UK, markets will be watching the BoE’s Carney, Fisher, Miles and Weale who are all due to appear before the Treasury Select Committee (Tues). Although they have had an opportunity to express their individual views in recent speeches, the TSC hearing provides an opportunity for politicians to tease out any emerging signs of dissent among MPC members. The main domestic release of the week is industrial production (Tues). We look for a flat out-turn, which, if confirmed, would add to signs of a slight moderation in UK growth (see back page). Finally, markets will be watching for the usual ‘leaks’ on what the following week’s Budget may contain.







This document, its contents and any related communication (altogether, the 'Communication') does not constitute or form part of any offer to sell or an invitation to subscribe for, hold or purchase any securities or any other investment. This Communication shall not form the basis of or be relied on in connection with any contract or commitment whatsoever. This Communication is not intended to form, and should not form, the basis of any investment decision. This Communication is not and should not be treated as investment research, a research recommendation, an opinion or advice. Recipients should conduct their own independent enquiries and obtain their own professional legal, regulatory, tax or accounting advice as appropriate. Any transaction which a recipient of this Communication may subsequently enter into may only be on the basis of such enquiries and advice, and that recipient’s own knowledge and experience. This Communication has been prepared by, and is subject to the copyright of, Lloyds. This Communication may not, in whole or in part, be reproduced, transmitted, stored in a retrieval system or translated in any other language in any form, by any means without the prior written consent of Lloyds. This Communication is provided for information purposes only, and is confidential and may not be referred to, disclosed, reproduced or redistributed, in whole or in part, to any other person. This Communication is based on current public information.


 Whilst Lloyds TSB ank plc (“Lloyds TSB”) and Bank of Scotland plc ("Bank of Scotland") have exercised reasonable care in preparing this material and any views or information expressed or presented are based on sources it believes to be accurate and reliable, no representation or warranty, express or implied, is made as to the accuracy, reliability or completeness of the facts and data contained herein.


This material has been prepared for information purposes only and Lloyds TSB, Bank of Scotland, their directors, officers and employees are not responsible for any consequences arising from any reliance upon such information. Under no circumstances should this material be treated as an offer or solicitation to offer, to buy or sell any product or enter into any transaction. If you receive information from us which is inconsistent with other information which you have received from us, you should refer this to your Lloyds TSB or Bank of Scotland Relationship Manager for clarification.


Lloyds Bank Corporate Markets, Lloyds TSB Corporate Markets and Lloyds TSB are trading names of Lloyds TSB Bank plc, Lloyds TSB Scotland plc and Bank of Scotland plc. Lloyds TSB Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Lloyds TSB Scotland plc. Registered Office: Henry Duncan House, 120 George Street, Edinburgh EH2 4LH. Registered in Scotland no. 95237. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC32700. Authorised and regulated by the Financial Services Authority under registration numbers 119278, 191240 and 169628 respectively.




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
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

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
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex