[Android App] Newsensus is back 1-Feb-2021

 It has been a long while since Newsensus App was unpublished from Google Play. The latest version is being available on Google Play, coming with some security updates. 

Why Newsensus?

Newsensus is a free app available on Google Play. The features which differentiates from others are that 1) news sources are geologically diversified, 2) the radar charts indicate the trends of each topic and 3) the app allows you to switch the story from one economic zone to another.

For the sake of News, it is inevitable for ones to see a story as fairly sophisticated while for someone else to see the story as biased or even a fake. Checking biases is much harder than checking facts because the facts are more objective than the biases which are rather subjective. Our answer to this is to quantify such biases by referring different stories from the world. If the biases are inevitable, you'd better to know them at least before reading the stories.

Here is the short slides briefly showing how Newsensus works.

Check out Newsensus on Google Play.

A new app Techsensus

Techsensus has been released and now available on Google Play. The latest stories about hot topics such as Bitcoin, Ethereum, Altcoins, Blockchain, Fintech, Virtual Reality, Augmented Reality, Artificial Intelligence, are listed on the app.
It allows to check different topics from different media on a single platform, listed by media consensus.

Back to 2008 - early 2010s, Smart phones and iPhone were clearly the following hot markets, and now it is not only Bitcoin but also VR/AR, AI are emerging.

You can download from Google Play for free.

(Techsensus [World Tech news])

[Android app] Newsensus updated 1.3.1

Our app, Newsensus had an issue at network connection, and now the issue has been resolved. The latest Newsensus 1.3.1 is being available on Google play soon.

Newsensus helps users to read international news distributed in the world. As each region has different interest about topics, only checking limited sources of news lead you to limited views of the global society. Knowing stories on the other side of the world make us more open-minded and have better relationships with other cultures.

Another monetary easing by BoJ? 23-Apr-2016

JPY has been weaken sharply on Friday, where GBPJPY was at around 156.8 at the opening and it closed at around 161.0.
Ahead of BoJ meeting on 27 - 28 next week, according to some local sources, the market consensus expect another monetary easing is possibly released by BoJ, and JPY has fallen as well as the stock index, Nikkei 225 going up. As already mentioned in this Forex Flyer, N225 is actually N225/JPY and N225 going up doesn't always mean the stock is becoming more valuable in particularly in such cases.
It could say this movement is speculation in the short horizon. After the BoJ meeting, if no further policy is introduced, the market can be reversed to strong JPY and the stock market plunged, but again, it would not mean the stock is less valuable.

Nowadays, more and more news are coming up day by day, and Newsensus allow you to read news in more time-efficient way.

How difficult situation to lift interest rate? 13-Sep-2015

It has been a while since discussion was started about lifting the interest rate. Watching the market consensus, it seems that the rate hike is triggered by US or UK.

For a last few years, however, the market has moved against the rate rise. There have been multiple factors, listed below, preventing US, UK or others to lift their interest rate in the global economy.

1. Rate cutting in other nations
Particularly in the last year, but for a last few years, the policy rates have been cut remarkably in several nations, such as Australia, New Zealand, Canada, Sweden, Denmark, Switzerland, ...  Some of them has reached at negative rates. As a result of those rate cutting, USD and GBP has been stronger against currencies, particularly against AUD, NZD and CAD.
In the current market, US or UK rate hike will lead to their currency value gone up. It may be good for importer in those nations, but it would suffer the exporter as USD and GBP are already expensive than other currencies relatively.
There is certain level of concern about deflation risk as their currency values are already higher and rate hike lift the currency value further.

2. Price for oil and natural resources down sharply
WTI crude oil price currently stays around 44.6, and it was around 90 just a year ago. While media have mainly broadcasted that the crude oil price has been going down, other natural resources, such as Iron Ore, the price has gone down in parallel with the oil price. Chinese demand for the oil and natural resources have been shrink for a last few years due to their growth slowing down.
The lower price is not bad for consumers and importers, but it still brings deflation risk into the world. For the exporters such as Australia or Canada, weak demand for oil and natural resources suffer their economy.

Local 10  >>  Goldman Sachs: Oil could hit $20
Forget $40 a barrel oil. Prices could plummet to $20 as a massive supply glut persists until the end of next year.

That's the view of Goldman Sachs, which published an oil report Friday headlined "Lower for even longer."

The bank's commodities team slashed its forecast for average prices in 2016 to $45 per barrel from $57, but said the risks of a collapse to $20 were growing.

Under the risk at deflation, it is difficult decision whether rate hike or not. But at the same time, keeping loose monetary policy, there is eventually a room that inflation badly suffer the people's life.

Even in such situation, Bank of England is likely under pressure to lift their interest rate, as BOE announced the rate must rise relatively soon.

CITY A.M.  >>  Interest rates must rise "relatively soon" says Bank of England's Martin Weale
Interest rates will need to rise "relatively soon", Bank of England rate setter Martin Weale has said.
The hawkish member of the BoE's monetary policy committee (MPC) has said inflation is likely to rise above the central bank's two per cent inflation target "in two to three years' time", which needs to be reflected in policy now.

Weale is the second BoE official in as many days to point to a rate rise. Fellow member of the nine-strong MPC, Kristin Forbes, said on Friday rates will rise sooner rather than later, because the appreciation of sterling may be less of a drag on inflation and import prices than first thought.


Keep yourself to follow the global economy more efficiently, why not use Newsensus. Available on Google Play.

[England] Interest rate rise will not be derailed according to Bank of England governor 29-Aug-2015

Since Chinese stock market crashed this month, the global market have become bearish as risky asset sold sharply. This event brought the discussion if rate rise in US and UK is expected to be delayed. The market reacted as USD had been weaken against other currencies such as EUR or JPY until 24-Aug. GBP had been weaken in the same period as USD but it has not been recovered yet.

Today, Bank of England governor, Mark Carney said China’s financial woes will not derail plans to raise interest rates.

The Telegraph >> China's 'Black Monday' will not derail rate rises, says Mark Carney

Speaking at the Economic Policy Symposium hosted by the Federal Reserve Bank of Kansas City, in Jackson Hole, Wyoming, today, Mark Carney acknowledged that the dramatic decline in Chinese stocks had sparked volatility in Western markets but claimed that it would not knock his economic plans off course.
“The direct exposure of the UK economy to China is relatively modest,” he told delegates. “Developments in China are unlikely to change the process of rate increases.”

This discussion was held after the Forex market closed on Friday, and it implies GBP will be stronger against other currencies at the market opening on Monday, though it is Bank holiday in England, by the way.

Trend & momentum for GBPJPY indicates it is expected upside in early next week. JPY has been stronger while the stock market was going down.

To trade with FX trend & momentum, download "Forex Signal by QROSS X" at Google Play.

[NZD] RBNZ indicates further depreciation at NZD 29-Jul-2015

Data: RBNZ statistics

RBNZ governor's comment implied further weakness at New Zealand Dollar near future. According to the comment, inflation figures in a last few years encouraged to ease financial market in New Zealand economy.

Ref. 
 RBNZ >> Monetary policy supporting growth and inflation goal
 The Reserve Bank today confirmed that at this stage some further monetary policy easing is likely to be required to maintain New Zealand’s economic growth around its potential, and return CPI inflation to its medium-term target level.

Further exchange rate depreciation is necessary, given the weakness in export commodity prices and the projected deterioration in the country’s net external liabilities over the next two years, Governor Graeme Wheeler said.

 Scoop >> HiFX - RBNZ Governor Wheeler comments - NZD higher

 On the other hands, property market in New Zealand has been hot for a last few years. Normally, easing financial market brings cheap money in the market, and it creates bubble in stock market or property market. For example, in London, the property market had been upward trend while quantitative easing was introduced.
 Commodity market has been sharply downward trend, and it is burden in the countries such as New Zealand, Australia, Russia or Canada.


Check international business news on Newsensus. Available on GooglePlay

Newsensus on Youtube

Description about Newsensus on the official website 12-Jul-2015

A new page has been added on Newsensus Official Website. This is description about Newsensus App.

Newsensus App is available on Google Play.

Newsensus covers international news from major economic zones in the world including Europe, Asia, America, Middle East, Africa and Oceania.

RBA rate decision early in the morning UK time 7-Jul-2015

[AUD] Rate decision will be taken by Reserve Bank of Australia, early in the morning UK time. Although the rate is at the record low 2.0%, unexpected cut might be occurred while Chinese stock market is volatile. Australian economy has highly relied on Chinese economy, but since Chinese demand for natural resources, such as iron ore, got slow down, monetary policy has been eased by cutting the interest rate.

Ref. [Brisbane times] need2know: RBA in focus
Macquarie Wealth Management says that with the RBA cutting rates into USD weakness, policy is yet to deliver any meaningful AUD depreciation, with 2Q15 AUDUSD remaining about 9 per cent above our forecasts. "We now expect a stronger AUD for the remainder of 2015."
One-month implied volatility, a measure of anticipated price swings in the euro-US dollar exchange rate, rose to as much as 13.61 per cent on Monday, compared with an average of 11.78 per cent this year.

AUD has been weaken at market opening after Greek referendum was decisively resulted "No". GBPAUD is now as same as the level of 2009. If unexpected rate cut happened, AUD will be weaken further against other currencies and eventually inflation risk would be concerned.


Check international business news on Newsensus. Available on GooglePlay

Bond market is still far away from last crisis level 7-Jun-2015

Since beginning of this month, Jun 2015, the bond price has gone down sharply, rising government bond yield. Media reacted to the market as if another crisis is coming.

[10 year government yield]

Considering the economic situation, such as potential collapse in financial aid for Greece where the leading party of government is rejecting proposals from other European countries, the debt market could be crashed once such crucial event is triggered.

[10 year government yield except Greece]

With in last two years, the government bond market has been hot in some major economic zones, including UK, US, Japan or Germany. Since the market trend was almost single direction, the yield going down, the trend reversal could be occurred in natural manner.

However, even the government yield has hiked recently, it is too early to see the market crisis. The  chart describes the yield of 10-year government bond. The most of them still stays around record low level of the last decade. Particularly in Greek, Spanish and Italian bonds, the yield is still far lower than those under the European debt crisis in 2011 - 2012.

(CNBC) Pay attention to the chaos in the bond market
(The Telegraph) Global bond market suffers from erratic swings amid liquidity drought

To get more business news you need to know, download Newsensus at Google Play.

GBPUSD Trend & momentum + IMF warning US 5-Jun-2015

GBPUSD has hiked since earlier this week, and it has likely reached a peak in short term. The trend and momentum indicates it still has a little upside, but it will be reversed to downward trend toward early next week.

By the way, according to some sources, IMF has cut US growth forecast and they are concerned about rate rising too soon. It implies USD is less competitive than before this news is revealed.

(Guardian) IMF cuts US growth forecast and fires rate rise warning
(Financial Post) IMF’s warning to the Fed could throw Canada’s rate stance off kilter
(Bloomberg) IMF Urges Fed to Postpone Rate Liftoff to First Half of 2016


GBPUSD trend & momentum chart

If you want to read more international news, download Newsensus at Google Play.

GBPUSD Trend & momentum 2-Jun-2015

GBPUSD stays near 2 week low level 1.522 today. The trend & momentum indicates GBPUSD is expected to be reversed into upward trend for a coming week.
 Although some economic figures will be released from both UK and US in this week, the impact from those factors are likely limited as they do not directly affect to the monetary policy. (Except, rate decision will be taken by Bank of England, but this is most likely unchanged.)
 To find out more market news, download Newsensus app .

Stock market driven by interest rate, financial aid is harder in ending than starting

Since central banks in the world have been rushing to cut their interest rates and bring quantitative easing, the trend in such as stock markets is being driven by monetary policy.

In typical scenario, the stock market soars after the interest rate has been cut or quantitative easing has been taken. While this is under the recovery process, counter effect is likely to be caused in the ending process. The counter effect implies stock market vulnerable to rate hike or quantitative easing finished.
In fact, we have seen some examples of the counter effect in US. The market sometimes reacts negatively when released economic indicators are too good as outstanding recovery is thought to lead interest rate hike and current liquidity can be degraded.

Pick up from CNBC >>
"Good news is bad news again," said Gina Martin Adams at Wells Fargo. Adams said there was a quick jump in the Fed Funds futures this morning. "The percentage chance for a June hike went from 18 percent to 25 percent," she said.

February's nonfarm jobs report showed a gain of 295,000, above expectations of 240,000 in February, down from 257,000 in January. The unemployment rate fell to 5.5 percent, while hourly wages ticked up 0.1 percent, below consensus and off the surprise 0.5 percent gain in January.

Today, Bank of England kept the interest rate unchanged at 0.50%. UK economy has recovered, following to US economy. The market is paying attention to when the interest rate is going up and the ending process of financial aid is likely as tough as US.

Ref.
CNBC - US stocks fall sharply on fears of pending rate hikes; Dow below 18K
FT - Bank of England keeps rates and monetary policy on hold


Check international business news on Newsensus. Available on GooglePlay

[App] Newsensus quick tutorial 2-May-2015

Android app, Newsensus, reads and displays world news on your mobile, based on consensus flowed in the media.

This is a quick tutorial how to use Newsensus though the app itself is simple and easy to use.

1) Tap an economic zone you're interested.

2) Choose a subject in the economic zone.

3) You will find more details of the story once you tap on the headline.

 Newsensus is aimed at assisting international business people by facilitating to find business, financial and economic news in the world. You will be able to check regional business news globally in a single platform, which allows to turn from an economic zone to another.
 We consider consensus as one of the key measures to understand what people are interested, and understanding the consensus could help business people to grab chances.

Available on Google Play.

Mortgage bubble in Australian capital cities? 27-Apr-2015

According to the article picked up in Newsensus, Risks of mortgage defaults in Sydney and Melbourne are growing as soaring house prices are matched with bigger loans and deteriorating affordability, ratings agency Moody’s warns.

Since 2012, RBA has cut the interest rate into record low level, which currently stays at 2.25% and was above 4.0% in early 2012. In line with the interest rate falling, AUD has declined against major currencies including USD, GBP, NZD but not JPY that has fallen.The timing when mortgage price started going up steeply was near that interest rate started being cut.
Typically, it could say that lower interest rate helps buyers to buy houses and it has lead to housing price up. In UK, lower interest, as well as help to buy scheme, has helped people to buy houses and the housing market has gone up steeply for a last few years.

A below figure describes Australian cash rate target vs Residential Property Price Index. Since 2012, Residential Property Price Index started going up steeply until 2014 while the cash rate has been cut over the period.

Although it is not evidence that the lower interest helped people to buy houses, the timing matches between the rate cut and residential price going up from 2012 to 2014.

Ref. Australian Bureau of Statistics

(Newsensus available at Google Play)

New Zealand interest rate expected flat or lower 23-Apr-2015

NZD has already dropped against major currencies earlier today as it is announced that Reserve Bank unlikely lift up the interest rate near future.
Picked up on Newsensus: http://www.scoop.co.nz/stories/BU1504/S00677/nz-dollar-drops-after-rbnz-official-says-rate-hike-unlikely.htm

 Reserve Bank had meant they would cut the interest rate further instead of hiking, and the rate review in next week is likely to be concluded as flat or even lower which make market more surprised.
 Referenced post: http://forexflyer.blogspot.co.uk/2015/01/eurnzd-trend-momentum-23-jan-2015.html

(Trend & momentum chart in NZDUSD)

Newsensus upgraded in β-version

Android app, Newsensus has been upgraded in β version.

Stories by Economic zone:

 Australia, UK, US, Europe, New Zealand, India, Canada, Japan, China, Russia, South Africa, Middle East, Singapore and Latin America / Caribbean.

It is still β version, but we are improving quality of services as much as possible.

Android App: Newsensus α-version released

Newsensus α is now available on Google Play.

 Newsensus allows to check business news in the world by categorizing into each economic zone. Radar chart above headlines shows consensus, what subject is flowed in the media.

 This is still α-version, but we are improving the categorization and user-interface in order to realize the best quality of business news app.


We will update about Newsensus accordingly on this blog.

Website: Newsensus.com