MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : Collinson FX Market Commentary: December 17, 2013 - NZ Confidence high
Collinson FX Market Commentary: December 17, 2013 - NZ Confidence high


'December 15 2013 18fter Auckland Championships'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: December 17, 2013

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

Equity markets rebounded strongly, after two consecutive weeks of losses, ahead of the two day FOMC meeting. The series of positive economic data releases lately have confirmed the recovery in the US and threatened the QE Infinity program. The Fed are suspected of beginning the tapering process and this has triggered the last couple of weeks of downside on equity markets, globally.

The Dollar, has regained long forgotten lustre, pushing commodities lower and the associated currencies. The AUD, has come under spectacular pressure, crashing to 0.8950 cheered on by the RBA. 'Jawboning' (and perhaps monetary intervention??) by the Central banks have assisted in the sentiment sparked by the recovery in the USD. The RBA Minutes will be released giving insight into the logic and language of the Bankers. The recent gains by the GBP have been reversed, slipping to 1.6300, with the EUR hitting the 1.3750 wall.

NZ Consumer Confidence continues to gain ground and has been reflected in the relative strength of the currency in the down markets. The KIWI holds 0.8230 and has broken above 0.9200 against the AUD. The once all-important Tankan report was released with some strong gains in the Japanese economy, although the Chinese Flash Manufacturing PMI declined, neutering any substantial momentum from Asia.

All eyes remain on the Fed and the growing belief the tapering may begin with many arguing the growing strength of the economy will counter the effect on markets.

Headlines

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=117680

10:21 PM Mon 16 Dec 2013GMT


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:

20 Dec 2013  Collinson FX Market Commentary: December 19, 2013 - Confidence builds
18 Dec 2013  Collinson FX Market Commentary: December 18, 2013 - AUD eases into NZD
13 Dec 2013  Collinson FX Market Commentary: December 13, 2013 - NZ jawboning works
12 Dec 2013  Collinson FX Market Commentary: December 12, 2013 - An excuse gone
11 Dec 2013  Collinson FX Market Commentary: December 11, 2013 - Tapering times
28 Nov 2013  Collinson FX Market Commentary: November 28, 2013 - Thanksgiving slows
27 Nov 2013  Collinson FX Market Commentary: November 26, 2013 - Equities climbing
24 Nov 2013  Collinson FX Market Commentary: November 23, 2013 - Equities rise more
22 Nov 2013  Collinson FX Market Commentary: November 21, 2013 - Eurozone in denial
21 Nov 2013  Collinson FX Market Commentary: November 20, 2013 - More record highs
MORE STORIES ...




Marine Business News















Yamaha inspires students to succeed by Yamaha Motor Australia,






Volvo Ocean Race 2014-15 CEO Knut Frostad talks (Part I) *Feature by Rob Kothe and the Sail-World team,






Swan celebrates sales success *Feature by Jeni Bone,








Stealth i14 out of China by Neil Patchett,






















Volvo Team Vestas Wind skipper Nico says: 'We can win' - Part II *Feature by Rob Kothe and the Sail-World team,


Volvo Ocean Race Team Vestas Wind skipper - One Design is key *Feature by Rob Kothe and the Sail-World team,








Collinson FX Market Commentary: August 12 2014 - NZ Credit Card dead
Pacific Boating membership offers hassle-free boating *Feature
Marine15 expands trade, networking and B2B opportunities *Feature
2014 Auckland on the Water Boatshow - Huge prize packs up for grabs
Fire causes million dollar damage on HMAS Bundaberg
4X4 Outdoors Show and Fishing and Boating Expo wows water lovers
Volvo Ocean Race: Win a stopover trip by designing an ECsix T-Shirt
Collinson FX Market Commentary: August 9 2014 - RBA confirms low rates
2014 Audi Hamilton Island Race Week: Last minute accommodation options
Sydney Int'l Boat Show - Stellar results for Multihull Solutions
Collinson FX Market Commentary: August 8 2014 - Oz jobless jumps
NSW Environment Minister awards 'Fish Friendly' Marina Accreditations
PSP Southampton Boat Show - Don't miss the most exciting show ever
Doyle Sailmakers delivers sails to 60m Perini Navi Sloop Perseus 3
METS - New look and feel for SuperYacht Pavilion
Aurora to ship Riviera’s World Premiere to Fort Lauderdale
Collinson FX Market Commentary: August 7 2014 - NZ UnEmployment drops
Extreme Sailing Series and GAC Pindar extend logistics contract
Elaine Fowler, RPAYC's first female life member elected
Chief Executive Officer sought for Yachting Australia
Refurbished Protector project 'better than buying new'   
Explore Australia Expo to return to Melbourne Showgrounds in 2015   
Collinson FX Market Commentary: August 6, 2014 - Jawboning hits NZD   
Gold Coast International Marine Expo - High-Diver Steve Black is back   
4x4 Outdoors Show, Fishing and Boating Expo - Campfire cooking corner   
Serenity Marina offers a yacht sanctuary in southern China   
Collinson FX Market Commentary: August 5, 2014 - Equity markets jump   
Loads in store from the RYA at the PSP Southampton Boat Show   
Royal Prince Alfred Yacht Club’s Jack Gale training centre born   
See the heat with FLIR ONE *Feature   
John Temple to retire, Will Sangster appointed General Manager   
Multihull Central launches Aquila range at SIBS *Feature   
Dredging link to WA coral disease   
Cannes Yachting Festival - Come see the 55 meter Ocean Paradise   
Sun shines on recreational boating at Sydney International Boat Show   
Phuket Yacht Show: new kid on the block taking on PIMEX? *Feature   
Sydney International Boat Show - Days 3 & 4 *Feature   
Kirby Marine launch 13metre Naiad Tender   
RYA meets with Government over latest red diesel development   
2014 Brisbane Boat Show - What's your trailer boat worth?   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News





Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW MBW
LocalAds   DE  ES  FR  IT