MarineBusiness-World.com
 
 
News Home FishingBoating Photo Gallery Australian Cruising Sail-World Australia
Sail-World.com : Collinson FX Market Commentary: June 24, 2014 - AUD picks back up
Collinson FX Market Commentary: June 24, 2014 - AUD picks back up

'Steinlager II - Start ANZ Fiji Race, June 7, 2014'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: June 21, 2014

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

Equity markets drifted off last weeks record highs with fears over Geo-Political crises undermining recent gains. Chinese Manufacturing expanded back above the all-important '50' mark, rising from 49.4 to 50.8. This boosted Asian markets and the associated commodity currencies with the AUD rallying back above 0.9400.

The NZD also managed gains supported by improving Credit Card spending boosting retail but rising interest rates should impact the consumer. The KIWI holds 0.8700. European markets fell after manufacturing and services PMI dropped lower in France, Germany and the EU. Hardly surprising for the socialist basket case that is the bureaucratic lead EU and the ECB!

The EUR traded around 1.3600, reflecting the state of the single market, while the GBP battled back to 1.7025. The gloom spread to the US with Iraq and the Ukraine both threatening global disruption. Existing Home sales rose 4.9% and manufacturing also booked gains but the wall of bad news threatens to overwhelm. All eyes remain on the the emerging crises and any major distortions in economic data releases.

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=123667

3:16 PM Tue 24 Jun 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:

22 Jun 2014  Collinson FX Market Commentary: June 21, 2014 - KIWI climbs ladder
20 Jun 2014  Collinson FX Market Commentary: June 20, 2014 - NZ GDP improves
20 Jun 2014  Collinson FX Market Commentary: June 19, 2014 - KIWI Up AUD Down
19 Jun 2014  Collinson FX Market Commentary: June 18, 2014 - AUD loses ground
17 Jun 2014  Collinson FX Market Commentary: June 17, 2014 - KIWI's meteoric rise
14 Jun 2014  Collinson FX Market Commentary: June 14, 2014 - RBNZ pumps KIWI up
13 Jun 2014  Collinson FX Market Commentary: June 13, 2014 - Sentiments change
12 Jun 2014  Collinson FX Market Commentary: June 12, 2014 - Alice in Wonderland
11 Jun 2014  Collinson FX Market Commentary: June 11, 2014 - Swinging markets
07 Jun 2014  Collinson FX Market Commentary: June 7, 2014 - The alternate Universe
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,




































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   
SECUMAR appoint new sales director   
Collinson FX Market Commentary: July 9, 2014 - New stat pushes ANZACs   
Your invitation to the Seawind 1160 LITE World launch   
APSNZ appoints Duthie Lidgard as new MD   


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 WAS MBW
LocalAds   DE  ES  FR  IT