MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : Collinson FX Market Commentary: January 16, 2014 - Recovery continues
Collinson FX Market Commentary: January 16, 2014 - Recovery continues


'Auckland 18ft Skiff Championships - December 15, 2013'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: January 16, 2014, 2013

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

US Equities eliminated this years losses, with revised global growth prospects improving, according to the World Bank. The Bank revised Global growth prospects of developed countries higher as the economic recovery becomes widespread and entrenched.

Contraction of Monetary Policy is not seen as a boon for emerging economies who have been marked down. New York Manufacturing is improving strongly with the Index rising from 2.27 to 12.51, well in excess of expectations. Weekly Mortgage Applications improved by 11.9%, giving further evidence of a recovery in the Housing market. This is a boost to the Dollar with likely continued tapering to the QE Infinity program.

The EUR slipped below 1.3600 and the GBP retreated back to 1.6350. Commodity currencies continue to receive strong support but the rejuvenated USD has had an impact. The AUD is trading around 0.8900 and the KIWI back to 0.8330.

The Biege Book will give an insight into the Feds confidence in the US economy and confirm the relative pace of the contraction in Monetary Policy

Auckland 18ft Skiff Championships - December 15, 2013 -  © Richard Gladwell   Click Here to view large photo

Collinson FX market Commentary: January 15, 2014, 2013

US Equity markets rebounded after the stunning losses suffered the previous trading day. Losses were sustained due to fears over a weaker earnings season and the digestion of the horrible Employment data, Friday. Today Retail Sales improved 0.2% for the month of December, building on previous gains, supporting the theory of recovery in the all-important Consumer Sector.

The Economic situation seems to be improving and now leads to 'good news' being treated as 'good news'. The Dollar remains a litmus test and real improvement should be reflected in the growing strength of the reserve currency. The EUR was steady trading 1.3680 and the GBP 1.6450.

Commodities remained well supported and the associated currencies are well bid. The AUD is trading back under.9000 and the KIWI looks set to test 0.8400...this has pushed the NZD/AUD cross to above .9300.

They remain vulnerable to any big recovery in the USD and continued tapering of QE Infinity.

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

Collinson FX market Commentary: January 14, 2014, 2013

With little in the way of economic data release, markets were left to ponder the Fed. QE Infinity has flooded the markets with liquidity and tripled the Feds balance sheet.

The destruction of wealth and the US Dollar, has been enormous, but enhanced the competitiveness of America. The citizens are the major casualties, but equitiy owners, have gained much. Tapering has begun but the extent is not clear. The Eurozone has not fared well in the New Year and the EUR has dropped to 1.3650 with the GBP 1.6365.

The expansion of the money supply has undermined the value of the Dollar and has enhanced the prices of commodities.

The recovery in the associated currencies has begun with the AUD storming through the big, big figure and topping 0.9050 and the KIWI moving towards 0.8400. The weakness in the reserve currency is an indication markets do not believe that Yellen will continue tapering.


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=118428

12:17 PM Thu 16 Jan 2014GMT


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:

17 Jan 2014  Collinson FX Market Commentary: January 17, 2014 - NZD marches on
16 Jan 2014  Collinson FX Market Commentary: January 15, 2014 - US rebounds
14 Jan 2014  Collinson FX Market Commentary: January 14, 2014 - AUD storms through
11 Jan 2014  Collinson FX Market Commentary: January 10, 2014 - US misses data
09 Jan 2014  Collinson FX Market Commentary: January 9, 2014 - News gets better
08 Jan 2014  Collinson FX Market Commentary: January 8, 2014 - Equity Markets rally
08 Jan 2014  Collinson FX Market Commentary: January 7, 2014 - Kiwi starts strong
21 Dec 2013  Collinson FX Market Commentary: December 20, 2013 - AUD crashes
19 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
MORE STORIES ...




Marine Business News

2014 Gold Coast International Marine Expo - Marine Syndication, a division of Marine Auctions, was in full swing at the Gold Coast International Marine Expo that took place at the Gold Coast Marine Precinct in Coomera. ... [more]  

More than 13,000 visitors flocked to Scotland’s Boat Show 2014 (SBS14) at Kip Marina, Inverclyde last weekend as the boating world showed off everything from a £500 dinghy to an £800,000 Sunseeker luxury powerboat. SBS14 is the largest boat show in Scotland and the third largest in the UK and, with over £15m worth of boats on display, there was something for every budget. ... [more]  

RYA Scotland Annual Awards - As the end of the year gets closer it is time to review the season and time spent on the water. People taking up the sport for the very first time and the new skills they have learned, the young performance sailors who have brought home national and world titles, the 250 boats and thousands of spectators who witnessed the Commonwealth Flotilla and all the people ... [more]  

2014 Gold Coast International Marine Expo - The awe-inspiring aerial antics of the Extreme High Diving show at this weekend’s 2014 Gold Coast International Marine Expo have a whole new flavour, with McDonald’s signing up as an event partner. ... [more]  

Alongside the line-up yachts and boats by international and local brands, visitors to this year’s Yacht CN will have a chance to enjoy the exciting Moto Surf China Race, passionate samba dances, bikini model shows, international music band performances, and popular international DJ music on-site. ... [more]  

Boyan Slat is a 20-year-old on a mission - to rid the planet's oceans of floating plastic. He has dedicated his teenage years to finding a way of collecting it. But can the system really work - and is there any point when so much new plastic waste is still flowing into the sea every day? ... [more]  

Discover Boating Week starts tomorrow by Boating Industry Association
Discover Boating Week is a celebration of the recreational boating lifestyle and the joys and fun that come with spending quality time on the water. Whether you're a fisherman, paddler or sailor, there is something for everyone. Over 40 events will be taking place across the state from October 18 - 25 and the best part is, they all absolutely free! ... [more]  

October 17, 2014: Markets continued to leak overnight despite attempts by St Louis Fed President Bullard to calm the storm. He advocated further extension of monetary stimulus to combat the sharp collapse in confidence. The European Union is under extreme pressure ... [more]  

Great start to another massive Gold Coast International Marine Expo by Emma Milne/Gold Coast International Marine Expo
The Gold Coast International Marine Expo – open all weekend – is a marquee event for the marine industry and has delivered on its promise of 'all things aquatic – from super yachts and jet skis to kayaks and fishing equipment … and everything in between'. ... [more]  

The Australian Sailing Team has today official opened an extended deck at the National Training Centre at Middle Harbour Yacht Club in Sydney. Australian Institute of Sport (AIS) Director Matt Favier officially opened the extension, which upgrades the Australian Sailing Team’s AIS Training Centre to integrate Paralympic training and to accommodate more rigging and launching area ... [more]  

After a year of intense activity MSE’s ‘GLEAMS’ (Glycerine Fuel for Marine Sustainability), project has completed. The project consortium have gathered the evidence and conducted the analysis necessary to show that glycerine is a technically feasible very low emissions alternative fuel in the marine market. ... [more]  

The 2014 Fort Lauderdale Boat Show is fast approaching and I want to know if you’re planning to attend. If you are, I'd like to let you know about some of our must-see clients. ... [more]  

Gerhard Bukac has joined DualDocker reinforcing the team as International Sales Manager and will ultimately, after his training period, be responsible for ‘Global Sales’ and for coordinating, supporting and training the entire sales force. His thorough technical background, experience in sales, as well as his devotion to boating make him an ideal DualDocker team member. ... [more]  

Ian Broad and Ian Lindsay and their beloved Hood Sails in Sydney have become a sail making institution on the Australian scene. Established in 1971, Hood Sail makers (Aust.) P/L is 100% Australian owned and operated by the two Ian’s and it was the first Hood sail loft outside of the USA. This week we interviewed Broadie. ... [more]  

October 17–24 has been declared Safer Boating Week this year, in what will become an annual focus on keeping boaties safe in the lead up to Labour Weekend – the traditional time to get boats and gear ready for summer. Members of the National Pleasure Boat Safety Forum, chaired by Maritime NZ, will run a range of activities in the week aimed at getting three simple messages through to boat owner ... [more]  

October 16, 2014: European markets hit the panic button overnight with share markets losing over 3%! A sudden realisation or the straw that broke the camels back? The German market looks like it has gone back into recession and that was the only beacon of hope. ... [more]  

SMAR Azure is pleased to announce the appointment of Brad Stephens, as Sales Agent for Australia and New Zealand. The appointment of Brad Stephens, based in the Harbour city of Sydney, will ensure easy access for Australian and New Zealand customers to SMAR Azure's unique products and services. ... [more]  

Yachting Australia's night of nights is almost here, with the sport's annual awards celebration set to take place this Friday night at the Australian National Maritime Museum in Sydney. ... [more]  

2014 Gold Coast International Marine Expo - With less than 24 hours until the start of the three-day 2014 Gold Coast International Marine Expo, the event site is a hive of activity as exhibitors prepare and polish their displays to help you make this summer one to remember. ... [more]  

October 15, 2014: Equity markets stabilized overnight but for how long? The melt down has been aggressive and currencies have been hit along with commodities. Oil has been one of the major victims, with demand plummeting, endorsing some very long time bears. ... [more]  

Teijin Aramid will raise prices for its Twaron products. All prices for Teijin Aramids Twaron products will increase by 7% insofar as existing contracts allow. This is the first time since 2008 the company has announced a general price increase. ... [more]  

Russia, international premium shrink wrap supplier, Dr. Shrink, has joined forces with FastPack Russia. The company will stock all Dr. Shrink supplies in its warehouse near St. Petersburg. 'FastPack Russia has the capability to train, demonstrate, and ship materials throughout Russia in a very timely manner,' said Dr. Shrink president Mike Stenberg. ... [more]  

Doha’s premier marina Mourjan Marinas – Lusail City has announced it will expand in response to increasingly high demand for more berths in Qatar. Construction is now underway on 49 new modern floating berths, which will bring the marina’s total offering to 142 berths. ... [more]  

Boats recovery after Sydney storm by Roads and Maritime Services
Roads and Maritime Services Maritime Director Angus Mitchell said Roads and Maritime Services boating safety officers (BSO) had been busy since sunrise in Port Hacking helping with the recovery of more than 10 boats which broke their moorings overnight during stormy conditions. ... [more]  

MMC have donated 300 new generation lifejackets to Rowing NSW so their coaches and instructors can act as ambassadors by wearing them and role modelling behaviour to further encourage everyone on the water to wear lifejackets. ... [more]  

It was the high-profile sailing partnership that promised a return to the glory days of its maiden win in the Sydney to Hobart Yacht race. But the team behind the drama-plagued 100-footer Wild Thing has imploded in a mire of bankruptcy, financial disputes and accusations of incompetence that famously saw the vessel disqualified just three hours before the start of the 2012 race. ... [more]  

Ocean Safety has appointed their fifth Sales Coordinator in a response to increased business, ensuring they maintain a high level of service to their customers. Michael Windle joins the company at an exciting time, as Ocean Safety expands into new markets. ... [more]  

The Barcelona International Boat Show will once again be the platform chosen by the main national and international companies in the sector to exhibit their products this year. Around 250 exhibitors will present 70 new boat models, from the more than 650 boats on show, 50 innovations in electronic accessories and the latest motors, as well as a wide range of services, products and trends. ... [more]  

To celebrate the start of the recreational boating season, Discover Boating Week will run from October 18 to 26. The public are invited to learn more about recreational boating through dozens of activities that have been organised by industry members and associated boating groups. ... [more]  

The Southern Spars team celebrates the company’s 25th year in operation with a continuous wave of innovation and ongoing expansion of its global operation. The company now employs 550 people worldwide with manufacturing or service facilities in New Zealand , South Africa, USA, Denmark, Sri Lanka and Spain. ... [more]  

The 605 Sportsfish gives you such a good fishing experience you might not notice how safe it is! A hinged gate provides sea-height access to the transom. Starboard and port walk rounds provide fast accessibility to all areas of the boat. And a bow windlass option makes it easier than ever to drop anchor. ... [more]  

Multihull Solutions is expecting strong interest in its power and sail range at this weekend’s Gold Coast Marine Expo from 17-19 October. The company will be displaying the new Summerland 40 Long Range (LR) by Fountaine Pajot Motor Yachts as well as the Fountaine Pajot Lipari 41 Evolution at the show, to satisfy both power and sail multihull enthusiasts. ... [more]  

National Australia Bank customers will receive priority treatment at the 2014 Gold Coast International Marine Expo after striking a milestone partnership deal with event organisers. ... [more]  

Icarus Sailing Media partners with Ace Electronics Enterprise
ACI launches construction of Marina Slano
Vaughan Bullivant cuts Daydream Island price tag to $30 million
Delegate registration opens for marine15
Sir Ben Ainslie praises British superyacht apprentices
2014 GC Int'l Marine Expo - Club Marine’s Bart Beek shares the secret
Collinson FX Market Commentary: October11, 2014 - Ominous correction
The Barcelona World Race at the Barcelona International Boat Show
United States Sailboat Show - Alistair Murray honored in Annapolis
Collinson FX Market Commentary: October10, 2014 - Europe about to blow
Superior on show at 2014 Gold Coast International Marine Expo
Gold Coast International Marine Expo - Boats to behold … and much more
'Largest ever' U.S. Sailboat show cruises into Annapolis
Collinson FX Market Commentary: October 9, 2014 - KIWI jumps to .7900
Sail Canada - Keel and Power Programs at AGM
IBEX 2014 reports 47 percent increase in attendance
Superior set for METS and enters Waterscape in DAME Awards *Feature
BIA NSW and SA merger process complete
Roads and Maritime Services seeks proposals for vessel suppliers
Ferretti Yachts 550 comes to light
Marine Manufacturers Forum to take place in Melbourne   
Collinson FX Market Commentary: October 8, 2014 - IMF spooks market   
Vicsail - Boat Show Open Day - d'Albora Marina Rushcutters Bay   
Benetti launches Veloce 140 in the Fast Displacement series   
Keep Australia Fishing - Sydney Marine Park comments   
METS 2014 - Record number of exhibitors heading for Amsterdam   
Collinson FX Market Commentary: October 7, 2014 - ANZACs rise   
Yachting Queensland forges partnership with MPA   
New equipment boosts NSW marine pollution response   
The future is now at 2014 Gold Coast International Marine Expo   
The nautical sector in Spain   
River to Reef and Honda Marine – Back again   
Marine Auctions expands its business to New Zealand   
Sailing legend backs Yanmar   
Collinson FX Market Commentary: October 4, 2014 - ANZAC crashes   
2014 Gold Coast International Marine Expo - Futuristic and fun toys   
Genoa International Boat Show 2014 – everything is relative   
Aquasports Marine named Mercury’s Australian Dealer of the Year   
Collinson FX Market Commentary: October 3, 2014 - NZD rebounds   
GC International Marine Expo: Sirroco RIB + engine up for grabs   


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
  





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