izmir haber izmir haber malatya haber malatya haber
 

MarineBusiness-World.com
 
 
News Features Cruising Photos Videos Events Newsletters Submit

 

Sail-World.com : Collinson FX Market Commentary- April 29, 2014 - All bark and no bite
Collinson FX Market Commentary- April 29, 2014 - All bark and no bite

'- Day 5, 2014 Toyota Optimist Championships, Manly SC'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: April 29, 2014

Click here to find out how to get CollinsonFX's free iPhone app

Geo-Political developments worried markets, with tensions just below boiling point in the Ukraine. The Russians seem intent on destabilising the Ukraine, thus the unelected Government, in the lead up to elections. It is hard to these proceeding with the uncertainty engulfing the nation.

The US continues to talk and increase individual sanctions with little impact. All bark and no bite! This only serves to encourage US antagonists globally. Equities were mixed in a week of economic data releases highlighted by Growth and Jobs. The EUR pushed to 1.3850 and the GBP held 1.6800. Pending Homes Sales rose 3.4% for the month but remain heavily negative for the year.

Housing has been a major disappointment this year, considering the record low interest rates, thus the status of a leading indicator to the economy. The Dallas Fed Manufacturing Activity reported continued improvement in this sector emerging after the long hard winter.

The AUD traded steadily around 0,9250 in the lead up to the new Governments first budget. The KIWI was mixed, around 0.8520, with important trade data released today. This has been positive to date, in the rock star economy, but rising interest rates and currency will impact.

For more on Collinson FX and market information see:
www.collinsonfx.com and www.collinsonwealthmanagement.com

Countries: | NZ: 0800 338 838 | AU: 1800 143 415 | NY: 1888 6257 833 | UK: 0800 0285 834 |


Disclaimer: The details expressed in this website and accompanying documents or transmissions are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Collinson Forex Ltd accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the information contained or related to this site.




by Collinson FX

  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=121619

11:08 PM Tue 29 Apr 2014 GMT




Click here for printer friendly version
Click here to send us feedback or comments about this story.

Click for further information on
2011 Collinson & Co

Related News Stories:
27 Apr 2016  Collinson FX Market Commentary - April 26 - A flood tide of data
24 Apr 2016  Collinson FX Market Commentary - April 23 - RBNZ Rate cut tempting
23 Apr 2016  Collinson FX Market Commentary - April 22 - A break out week
21 Apr 2016  Collinson FX Market Commentary - April 21 - Oil on post Nov high
20 Apr 2016  Collinson FX Market Commentary - April 20 - Kiwi cracks USD 70c
19 Apr 2016  Collinson FX Market Commentary - April 19 - Oil prices recover
18 Apr 2016  Collinson FX Market Commentary - April 17 - AUD drops big time
15 Apr 2016  Collinson FX Market Commentary - April 15 - Steam runs out of Rally
14 Apr 2016  Collinson FX Market Commentary - April 14 - China has major upturn
13 Apr 2016  Collinson FX Market Commentary - April 13 - Oil leads the charge