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



Great Barrier Reef plan released for comment by Queensland Minister for Environment,
















Brisbane Boat Show begins *Feature by Jeni Bone,












































Marine Auctions adds new recruits *Feature by Jeni Bone,




2014 Auckland on Water Boat Show: Coming up at the end of September
Australian research sheds light on ocean garbage gyres *Feature
Sevenstar Yacht Transport names Kris Caren West Coast Representative
New Masts for an historic Australian boat - the Young Endeavour
Round the World racer joins Southern Pacific Inflatables
Dinghy foiling takes off around the world
2014 Gold Coast Int'l Marine Expo - Quintrex factory opens its doors
New exhibition explores role of Royal Australian Navy in WWI
18 anti-piracy weapons for ships to fight pirates
Hamilton Island Audi Race Week 2015 - Accommodation options
Sydney Sailboat Expo 2015 site confirmed
Skysol Frame Large: A new shading solution for sunroofs
Collinson FX Market Commentary: September 6, 2014 - Russian control
Collinson FX Market Commentary: September 5, 2014 - Nervous Election
Collinson FX Market Commentary: September 4, 2014 - 'Rock-star' fades
Enerdrive, national distributor for Fischer Panda Generators
New earlier date for ICA’s Cruising Prep Seminar proving popular
Southern Spars One Design complete 500th J/70 rig
Camper & Nicholsons Yachts presents the Sagitta 42
Brunswick Marine in EMEA announces intuitive user interface
Hutchwilco expands sales and marketing team   
Collinson FX Market Commentary: September 3, 2014 - NZD trades strong   
Marina of the Year Awards - Now open for entry   
Grand Pavois - A chance to catch up with the trends   
RYA Digital Day at the PSP Southampton Boat Show   
Collinson FX Market Commentary: September 2, 2014 - AUD trades steady   
XCAT Series gets set to conquer another continent in 2015   
2014 Mandurah Boat Show - Third largest boat show in Australia   
Fishers invited to industry meetings   
2014 Gold Coast International Marine Expo - Eye on the big picture   
Yanmar re-powers harbour commuter ferries   
Andrew Scott joins Superior as General Manager *Feature   
Fish find sanctuary in Cove's Marina   
2014 Gold Coast International Marine Expo - Fastest Jet Ski ever built   
Best Birthday Party ever at Southport Yacht Club! *Feature   
‘Hall of Fame’ status for Empire Marina *Feature   
Self-draining Optimist trainer, the SailQube, available at NB Sailspor   
Supreme Boating Safety Award - Waikato Regional Council wins   
Collinson FX Market Commentary: August 29 2014 - NZD trading well   
PSP Southampton Boat Show 2014 - 2 for £24 ticket offer ends soon   


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