User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Saturday March 22, 2014 - 21:48:04 GMT
global-view.com - www.global-view.com

Share This Story:
| | Email

Week Ahead Sees Active and Possibly Eventful News Calendar

Week Ahead Sees Active and Possibly Eventful News Calendar
March 24 2014 00:00 gmt
  calendar

CALENDAR: Far East: CN- HSBC flash PMI. Europe: EZ/DE/FR- flash PMIs. North America: US- fl Markit PMI


Spot
20d avg
10-yr
Equities
 EURUSD 1.3795
 1.3812
 U.S. 2.76% -1bp
  North America:Higher
 EURJPY 140.84
 141.24
 Bund 1.64%  -1bp
 DAX: Higher
 GBPUSD 1.6493
 1.6640
 GILT 2.75% -1bp
 FTSE: Higher
 USDJPY 102.10
 102.25
  JGB 0.60% -1bp  Far East Close:Higher

HIGH IMPACT NEWS ITEMS:  CN- HSBC flash PMI, EZ/DE/FR- flash PMIs, US- flash Markit PMI
  •  Fed Chair Yellen's unexpected  revelation of the apparent Fed time line for a start of a normalization of monetary policy is the new trading theme for global financial markets.. If she made a gaffe, it might only have been disclosing the time line. There is no way she made up the timing of a likely Fed tightening off the top of her head.
  • I don't thin this revaluation was pre-planned, but I don't think it was in error. Were we all were expecting U.S. rates to remain at zero forever? Obviously the ultimate tightening, I call it "normalization", will have be data-dependent.
  • From a trading perspective, expect the focus of the markets will increasingly be on U.S, employment and inflation data over the next year or so. The first hurdle will be if U.S. jobs data in the first two months were adversely-impacted by the weather. That time line could change if the economy is not improving. I indicated a week ago that I felt the global economy has been improving. Now we need a sustained improvement in the data to confirm it.
  • A rebounding U.S. economy WOULD be USD supportive. As for chatter about "damage control" Personally, I don't see any "damage" to control. I think the Fed Board is increasingly worried about the long-term risks of all the money they have been printing. It seems to me that if the Fed is moving onto a normalization path for policy, it would be because the economy is finally starting to recover. I don't see how better growth with low inflation would not be positive for stocks?
  • The news data calendar for the week ahead is active one. Monday sees flash March PMI data from a number of key economies. On Tuesday, the closely followed German IFO Survey will be released, along with U.K. inflation data and U.S. Conference Board Consumer Confidence.
  • Wednesday features U.K. GDP and U.S. Durable Goods. On Thursday, U.K. Retail Sales data are released. Later in the day, U.S. Weekly Jobless data are slated. Early Friday the usual Japanese end of month slew of data are due. The U.S. will see Personal Income data and the final University of Michigan Survey for March.
  • Be sure to refer daily to the Global-View Economic Calendar  For key items (actual data, selected charts, etc.) as they are released. See the FOREX FORUM. for comments from experienced traders to events as they happen.

FX Trade Talk: What's moving markets-- Expert Commentary, data. and data charts posted continuously on FOREX FORUM


John M. BlandJohn M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
Copyright 2013, GlobalViewpoint, Inc All rights reserved

 

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




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
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