MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : Collinson FX Market Commentary: July 9, 2014 - New stat pushes ANZACs
Collinson FX Market Commentary: July 9, 2014 - New stat pushes ANZACs

'V5 - RNZYS Winter Series July 5, 2014'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: July 5, 2014

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

A slow leak appeared in a rather large equity bubble overnight. The sell-off gained momentum with the DOW plunging back below the record 17,000 level. Nervous investors have been spooked by Banks predicting an end to the biggest monetary expansion in history.

Goldmans was the latest to review the Feds end of QE and rate rises will be on the horizon. The endless flow of liquidity has fueled the expansion of the equity bubble and without major improvements on the economic front. The parameters set by the Fed was employment and inflation, which have improved to levels denying the Fed an excuse, but debt/deficit conditions remain perilous. The Fed minutes will be released tonight and should confirm an extended period of low interest rates blah, blah, blah...!

The IMF continued to review global economic conditions lower questioning the recovery. UK Manufacturing and Industrial production, reversed recent recovery, contracting for the month.

The GBP slipped back to 1.7130 while the EUR traded around 1.3600, supported by a weaker reserve currency, only.

Australian Business Confidence improved from 7 to 8, and gave a boost to the local currency. The AUD moved back towards 0.9400 enhanced by a weaker USD.

The KIWI was also the beneficiary of the measuring unit and mystified a deluded RBNZ, now approaching 0.8800. Markets will keenly await the Fed minutes and the their attitude to economic developments.

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=124254

1:00 PM Wed 9 Jul 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:

06 Jul 2014  Collinson FX Market Commentary: July 5, 2014 - AUD jaw boned lower
05 Jul 2014  Collinson FX Market Commentary: July 4, 2014 - AUD Overvalued
04 Jul 2014  Collinson FX Market Commentary: July 3, 2014 - KIWI remains strong
02 Jul 2014  Collinson FX Market Commentary: July 2, 2014 - KIWI rises higher
01 Jul 2014  Collinson FX Market Commentary: July 1, 2014 - NZ Economy hits wall
30 Jun 2014  Collinson FX Market Commentary: June 28, 2014 - Directional changes
27 Jun 2014  Collinson FX Market Commentary: June 27, 2014 - KIWI flies high
26 Jun 2014  Collinson FX Market Commentary: June 26, 2014 - KIWI climbs back
26 Jun 2014  Collinson FX Market Commentary: June 25, 2014 - AUD up KIWI down
25 Jun 2014  Collinson FX Market Commentary: June 24, 2014 - AUD picks back up
MORE STORIES ...




Marine Business News





















UK superyacht industry on the rise by British Marine Federation,


















Predictwind helps you pick the best time to depart by Richard Gladwell Sail-World.com/nz,




























One week to go until the 2014 Sydney International Boat Show
Costa Concordia - the $2.25 billion salvage operation ready to begin
Launching at Sydney Boat Show - the all new Falcon 300HT-360 HT range
Volvo Penta reveals keel cooling option for diesel engines
Carla Demaria named keynote speaker for METS 2014
Learn about life beneath water at Gold Coast International Marine Expo
FIXMYBOAT.com.au – Browse, compare and decide
Boat Shows - the engine powering the boating industry
'Honey, Let's Go Boating!' next best-seller for Finkelstein *Feature
2014 Brisbane Boat Show - Set to add new features
Collinson FX Market Commentary: July 19, 2014 - Step into Wonderland
European Commission to take UK to court over red diesel
Understanding the Ocean's role in Greenland Glacier melt
America's Cup: Updates on Team Australia withdraw
2016-2017 America's Cup - Team Australia withdraws
Collinson FX Market Commentary: July 18, 2014 - AUD moves up
Collinson FX Market Commentary: July 17, 2014 - KIWI takes hammering
Revealing report on Search for American yacht Nina released *Feature
ECOfishers and AMA to establish NSW Fisheries Taskforce
PredictWind's Weather Routing opens your navigation options - try it!
Collinson FX Market Commentary: July 16, 2014 - Oz confirms low rates   
Cameron Appleton joins North Sails   
National 4x4 Outdoors Show - Unprecedented exhibitors expected   
New-to-New Zealand products at the Auckland On Water Boat Show   
Auckland on the Water Boat Show: Two new Bavaria yachts on display   
AYSS PacificNet/Tahiti voted a success!   
Collinson FX Market Commentary: July 15, 2014 - Rising interest hits   
July 2014 edition of Finnfare has been published   
Taiwan's first marina a Superior effort *Feature   
Vaavud launches generation 2 wind meter   
Research highlights marinas economic, social and environmental benefit   
Solar 1 Monte Carlo Cup 2014 - Monaco sunshine new fuel for motorboats   
Hamilton Island Audi Race Week 2014 - Accommodation options   
Rio cleaning up its act in the lead up to Olympic sailing test event *Feature   
Collinson FX Market Commentary: July 12, 2014 - KIWI heads to 90c   
National Squib Owners Association and Rondar Raceboats join forces   
Collinson FX Market Commentary: July 11, 2014 - Portugal bank defaults   
Sydney International Boat Show updates   
Portland’s new state-of-the-art boat ramp officially opened   
Collinson FX Market Commentary: July 10, 2014 - KIWI hits higher   


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