User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday May 27, 2015 - 05:47:01 GMT
Trade the News Staff -

Share This Story:
| | Email Asian Mid-session Update: China industrial profits return to growth; Japan taking JPY slide in stride - Source

- (CN) CHINA APR INDUSTRIAL PROFITS Y/Y: +2.6% v -0.4% prior (first annual rise since Sept 2014)- (AU) AUSTRALIA Q1 CONSTRUCTION WORK DONE Q/Q: -2.4% V -1.4%E; 6th quarter of decline - (AU) AUSTRALIA APR WESTPAC LEADING INDEX M/M: +0.1% V -0.3% PRIOR- (KR) South Korea Q1 household credit y/y: +7.3% v +6.5% prior; Household loans +7.5% v +6.7% prior***Index Snapshot (as of 02:30 GMT)***- Nikkei225 -0.1%, S&P/ASX -0.8%, Kospi -1.8%, Shanghai Composite +0.2%, Hang Seng -0.7%, Jun S&P500 -0.1% at 2,103***Commodities/Fixed Income***- Jun gold +0.1% at $1,187/oz, Jul crude oil +0.5% at $58.34/brl, Jul copper +0.1% at $2.78/lb- GLD: SPDR Gold Trust ETF daily holdings rise to 715.9 tonnes; first rise since apr 22- USD/CNY: PBoC sets yuan mid point at 6.1198 v 6.1172 prior setting; weakest Yuan setting since Apr 28th- (CN) China MOF sells 5-yr bond, avg yield 3.10% v 3.14%e - (JP) BOJ offers to buy ¥400B in 5-10yr JGBs, ¥240B in 10-25yr JGBs, and ¥140B in JGBs with maturity over 25-yr- (AU) Australia MoF (AOFM) sells A$700M in 3.25% 2025 Bonds; avg yield: 2.8450%; bid-to-cover: 3.48x***Market Focal Points/FX***Shanghai Composite swung in a 100 point range around 4,900 in the morning session but settled up 0.2% going into the break. Some traders had reportedly expressed concerns over the sustainability of the sharp rally on the mainland fuelled by margin debt after a couple of key local brokers raised their margin requirements. The case for expectation of further aggressive PBoC easing were also dented by Stats Bureau reporting April industrial profits returning to annualized growth for the first time since Sept of last year. Despite the better number, NBS said companies remain constrained by weak market demand. Separately, HSBC cut China 2015 GDP target to 7.1% from 7.3% and raised the expected interest rate easing forecast from 25bps to 50 bps.Japan cabinet officials were unenthused by the latest selloff in JPY amid the rampant buying of the US currency. Chief cabinet Sec Suga reiterated excessive volatility in FX is not desirable, but the pace of Yen weakness does not yet justify much concern. BOJ Dep Gov Iwata also offered some upbeat remarks on the economy, noting virtuous cycle is working and inflation will accelerate gradually. Iwata added that the downward pressure from oil prices will start to dissipate in H2 of this year. Recall the recent Nikkei feature speculated that BOJ Gov Kuroda raised overall economic assessment to forestall concern once inflation turns negative in the summer months. BOJ minutes from Apr 30th meeting unveiled today saw many members express confidence that easing will persist until 2% inflation is target. Note that meeting featured the formal revision of achieving 2% inflation target at a later date of H1 of 2016.Down under, Australian construction work contracted for the 6th straight quarter and at a faster pace. Engineering component that includes mines saw the most pronounced decline of 20% after a 1% drop in Q4. In New Zealand, NZIER speculated the sharp rise in Auckland property markets would make it too difficult for the RBNZ to announce more easing despite the macroprudential measures taken by the central bank at its last decision.Stateside, Fed chair Yellen announced she would skip the Jackson Hole summit in August without providing a reason, but may attend the high profile meeting in future years. Note that her predecessor Bernanke had attended the summit every year until the year of his announced retirement. Fed hawk Lacker said it was clear that inflation is heading to 2%, with the weakness in consumer spending counterbalanced by strength in employment.In FX, USD majors consolidated greenback gains. EUR/USD traded just above 1.0880, USD/JPY remained just above 123, and AUD/USD traded in a 30pip range below 0.7760.***Equities***US equities / ADRs:- RAI: FTC requires Reynolds and Lorillard to divest 4 brands as merger condition- WDAY: WDAY: Reports Q1 -$0.02 v -$0.08e, R$251M v $244Me ; Exec: Guides FY16 Rev $1.125-1.14B v $1.14Be; Subscription rev to increase as percent of total over time; GM to fluctuate - conf call; -7.3% afterhours- HRL: To acquire Applegate for $775M, sees acquisition accretive in 2016; +3.3% afterhours- FPRX: Enter into License Agreement with bluebird bio for Novel Antibodies to Develop Chimeric Antigen Receptor T Cell Therapy; will receive milestone and upfront payments; +20.1% afterhours Notable movers by sector:- Consumer discretionary: Thorn Group Ltd TGA.AU -1.0% (FY14 results); Belle International Holdings 1880.HK +3.6% (FY14 results); Cofco Biochemical Co 000930.CN -2.5% (stock exchange warning)- Financials: Programmed Maintenance PRG.AU +3.4% (FY15 results); Cheung Kong Holdings 1.HK -25.6% (ex-spin off)- Industrials: China Shipbuilding Industry Company 601989.CN +5.2%, China First Heavy Industries 601106.CN +7.2%, CITIC Heavy Industries 601608.CN +10.0% (China unveils military whitepaper); Shanghai Construction 600170.CN +10.0% (to jointly set up railway transport PPP fund)- Technology: Bright Oceans Inter-Telecom Corp 600289.CN +10.0% (private placement)- Materials: Adelaide Brighton ABC.AU +3.1% (update outlook); Marubeni Corp 8002.JP -0.5% (to construct plant in Myanmar); Zijin Mining 601899.CN +9.9% (private placement, jv with Barrick); Citic Resources 1205.HK -4.6% (profit warning)- Energy: Strike Energy STX.AU +8.3% (Orica to make payment) - Healthcare: Minsheng Investment Management Co 000416.CN +10.0% (to acquire wealth management business)-


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 22 Apr 2019
AA Various- Easter Monday Holiday
A 14:00 US- Existing Homes Sales
Tue 23 Apr 2019
A 1:30 AU- CPI
Wed 24 Apr 2019
A 11:00 DE- IFO Survey
AA 18:00 US- BOC Decision
A 16:00 EZ- EIA Crude
Wed 24 Apr 2019
A 11:00 DE- IFO Survey
AA 18:00 US- BOC Decision
A 16:00 EZ- EIA Crude
Thu 25 Apr 2019
A 12:30 US- Weekly Jobless
A 12:30 US- Durable Goods
Fri 26 Apr 2019
A 12:30 US- GDP
A 15:00 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
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 ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105