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- August 19 2014 - ANZAC gap widens
Collinson FX Market Commentary- August 19 2014 - ANZAC gap widens

'Optimist-Collinson 022 - 2014 Toyota Optimist Nationals, Manly'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: August 19, 2014

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

US Equity markets surged, after gains the previous week, reflected growing confidence in the global Geo-Political situation. Russian-Ukrainian talks began over the weekend, in a search for a solution, while aid convoys still wait. The ceasefire in Gaza is holding and this makes for a relatively quiet period thus boosting market confidence.

The shock of a contraction in German growth has led to expectations that the ECB will further boost stimulus thus supporting equities but not assisting the maligned single currency. The EUR dipped to 1.3350, while the GBP rallied to 1.6730, reflecting currency independence. Jackson Hole commences this week, in Wyoming, in a gathering of Bankers which has led to Central Bank policy changes in the past. It is worth monitoring with important appearances from ECB President Draghi and Fed Chairman Yellen.

House Prices in the US rallied, contradicting recent data, further adding momentum to markets. The AUD consolidated above 0.9300, with interest focused around the release of the RBA minutes that may reveal some insight into the Central Bank strategy. The KIWI is trading around 0.8470 and has an inflation report from the RBNZ to consume, which may influence monetary policy, ergo the NZD.

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=125739

7:20 PM Tue 19 Aug 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