by Collinson FX
Start - 2014 Mahurangi Regatta - Classic Yachts January 25, 2014
Collinson FX market Commentary: February 18, 2014
http://itunes.apple.com/app/collinsonfx/id533360650?mt=8!Click_here to find out how to get CollinsonFX's free iPhone app
The 'rising tide is lifting all boats' with Global economic confidence on the rise. Earlier talk of a market correction from last years surge in equities was all but forgotten.
It appears emerging markets are recovering and Chinese trade has surged to boost demand for commodities. The AUD has regained 0.9000 and is looking to consolidate although the domestic economy is suffering hits from manufacturing contraction and exports under some pressure.
The KIWI has continued to build on the recovery, reflected in a rise in Retail Sales, rising from 0.2% to 1.2%. This has supported the KIWI which is traded around 0.8350. Confidence in Europe has been rising with GDP growth data confirming a slow improvement.
Italy look to promote their youngest leader and Bonds yields are rallying strongly. This appears to be broad recovery but has yet to be convincing with strong economic data support.
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.