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  1. #1
    Legendry Member Michael Hodges's Avatar

    Smile Far East: China, Japan and Australia Live News !!!

    Live news updates on the Far East financial markets.

    Welcome to the Far East Market Update. This is a thread dedicated to news and updates on business and the economy in one of the world's more important arenas. Here you will find up to date information on economic data as well as the latest in business news, earnings and other information that impacts trading in these markets. The thread is not limited to China, Japan and Australia. We will also be keeping track of the other important markets of the region including Korea and others. The BOTS team of Pros will be here daily making sure that the information you need to gain an edge on the markets is here at your fingertips. Feel free to add threads of your own, or to comment on what others have already posted.

  2. #2
    Legendry Member milos's Avatar
    Current account balance in Japan fell in January to minus 0.20 trillion yen from minus 0.05 trillion the previous month. It had expected the drop to minus 0.06 trillion yen.

    Household confidence in Japan fell in January to 40.5 points from 41.3 in the previous month. Analysts had forecast growth to 43.9 points.

  3. #3
    Legendry Member milos's Avatar
    The number of new home loans approved in Australia fell in January to 1.9% after rising 1.4% in the previous month, while the estimated growth of 0.5%.

    The official index of house prices in Australia rose in the fourth quarter to 3.4% from 1.9% in the previous quarter, while analysts expect growth to 3.2%.

    Japanese markets were closed for a public holiday.

  4. #4
    Legendry Member Michael Hodges's Avatar
    good to know about Japan, market closures in a country you may not watch closely could adversely affect trades that would otherwise have been good.

  5. #5
    Legendry Member milos's Avatar
    Japanese basic industrial orders fell in January by 15.7% after rising 9.3% in the previous month. Analysts had expected a decline of 4.1%.

    Index of activity in the Japanese tertiary industry fell in January to 0.4% after rising 0.8% in the previous month, while analysts expected a decline of 0.2%.

    China's trade balance rose in January to 31.90 billion from 25.60 billion in the previous month. Economists had predicted a drop to 24.20 billion.

  6. #6
    Veteran Member hchandra's Avatar
    Growth in the world’s largest auto market is slowing as anti-pollution and austerity campaigns spread
    “More and more cities are joining Beijing and Shanghai to impose restrictions on new car number plates due to air pollution and traffic congestion concerns.”

    Air pollution seems becoming serious problem, we will see drop in business which depend on Coal, fuel, auto etc.
    My thought price of coal will drop, also manufacturing industries will slow down and will put global economy slower.
    Other thought, maybe China will bring their currency stronger to get cheaper materials from outside of the country.

    CPI news tomorrow, expected 2.4%. expecting near or lower number to confirm slow down or any weakness.
    Last edited by hchandra; 02-13-2014 at 05:27 PM.

  7. #7
    Legendry Member milos's Avatar
    Very interesting data from China.

  8. #8
    Veteran Member hchandra's Avatar

    Outflow in Emerging market, short bets increased !!!

    Short sellers are increasing their bets that emerging-market stocks will extend the decline
    Short interests in the companies in the MSCI benchmark increased 7 percent this year to 2.1 percent of the total free floating shares
    Investors pulled $3.1 billion out of emerging-market stock funds during the week, extending total outflows this year to $21.7 billion, Barclays said. Outflows from bond funds amounted to $1.4 billion in the week and $8 billion for the year

    So we get outflow in emerging market, question is where this funds flow to?
    In the market its about flow of money, and one who can see where this go can benefit from it.

    Well, there is update from my country, two volcano erupted this month,
    Mt Sinabung and Mt Kelud, the first one caused many casualties, the second caused Ash and Smoke clouded whole town and places around (rumor it will reached West Java from East Java). Little bit concern with lot of volcanoes activities past this year.
    Last edited by hchandra; 02-15-2014 at 09:40 PM.

  9. #9
    Veteran Member hchandra's Avatar

    China Inflation Stays Subdued as Producer Prices Extend Decline !!!

    The consumer price index rose 2.5 percent from a year earlier, the National Bureau of Statistics said today in Beijing, the same pace as in December. The producer-price index fell 1.6 percent. China’s economic data are distorted in January and February by the shifting timing of the week-long Lunar New Year holiday, which began on Jan. 31 this year.

    “The central bank seems to be tuning down its concerns over rising inflation,”

  10. #10
    Veteran Member hchandra's Avatar

    Yen Weakens as Japanese Growth Misses Estimates; Ringgit Rises !!!

    The yen slid as a report showed Japan’s economy expanded less than analysts forecast, boosting speculation the nation’s central bank will add to its stimulus plan that tends to weaken the currency.

    Japan’s gross domestic product expanded at an annualized 1 percent pace in the final three months of 2013, down from 1.1 percent growth in the preceding quarter, the Cabinet Office said today.

    Soon or later it seems we will see yen pair going up (Weak yen), looking to hold or add position in USD/JPY Call

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