Please select your home edition
Edition
InSunSport - International - RG

Collinson FX Market Commentary- September 27, 2013 - Break back

by Collinson FX on 28 Sep 2013
Fineline (NZ) 18ft Skiffs San Francisco, USA © Richard Gladwell www.photosport.co.nz

Collinson FX market Commentary: September 27, 2013

http://itunes.apple.com/app/collinsonfx/id533360650?mt=8!Click_here to find out how to get CollinsonFX's free iPhone app

Markets broke back to the positive after a string of losses this week, as equities found confidence in Employment data and Housing. Weekly Jobless Claims continued to fall and Pending Home Sales rose 2.9%. GDP growth in the US, was steady at 2.5%, which gave the reticent Bulls some confidence to return to the arena.

The Fed's lack of telegraphed action sent jitters through markets with the perception of QE Infinity underlining some bad economic news to come. Housing continues to improve as low interest rates encourage consumers back to the markets but consumption remains retarded with much of the liquidity providing Wall Street with super profits. The EUR retreated back to 1.3480 and the GBP tested 1.6000 on the downside.

Commodity currencies were steady with mixed moves on the commodity front. The AUD traded around 0.9330 and the KIWI 0.8260. Markets will continue to be guided by economic data and the impact this will have on Central Bank activity.


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.
Wildwind 2016 660x82Newport Boat Show 2016 660x82Bakewell-White Yacht Design

Related Articles

PredictWind - One stop shop
PredictWind have taken the bold step of adding government provided forecasts to their award winning forecasting software PredictWind the world leader in forecasting believe that more is better, and have taken the bold step of adding government provided forecasts to their award winning forecasting software.
Posted on 15 Aug
Marine Resources job updates
Marine Resources specialises in providing expert recruitment services to the leisure marine industry worldwide. Marine Resources specialises in providing expert recruitment services to the leisure marine industry worldwide. Jobseekers register your CV now to receive the latest vacancies and be matched to your ideal job. Employers choose from a variety of recruitment options which include a full consultancy service as well as a unique job advertising package.
Posted on 11 Aug
America's Cup - Southern Spars to build AC50 for Emirates Team NZ
Southern Spars has been appointed to build Emirates Team New Zealand’s AC50 wingsailed foiling catamaran One of the world's leading composite engineering companies, Southern Spars has been appointed to build Emirates Team New Zealand’s AC50 wingsailed foiling catamaran for the 35th America’s Cup campaign. The move marks a shift away from Cookson Boats who have been Team New Zealand's boatbuilder since 2000. No reasons have been given for the decision to change the builder.
Posted on 24 Jul
Upffront.com - Tuff Luff and Harken Headfoils
Upffront.com is a comprehensive online purchasing platform for performance sailing hardware and rigging systems Upffront.com is a comprehensive online purchasing platform for performance sailing hardware and rigging systems; orders are processed 24 hours a day, 365 days a year and we deliver to customers located anywhere in the world.
Posted on 8 Jul
Barz floating sunglasses - Ideal for sailing in rough conditions
Our SAN JUAN floating model fitted with 1.1mm Acetate Lenses have a density of 0.95 GM/ML Barz floating sunglasses float in rough conditions. Most sunglasses that say they float, only float in the bathtub as once they break surface tension (or if there is any movement on top of the water)... down they go...
Posted on 7 Jul
Free $US3,000 Carbon Vang with SouthernFurl boom orders in July
Southern Spars is giving a free carbon vang - valued at US$3,000 - with SouthernFurl in-boom furlers ordered in July Southern Spars is giving away a free carbon vang - valued at US$3,000 - with all of their SouthernFurl in-boom furlers ordered in July. Carbon gas vangs make a great addition to the furling boom package, though if you’d prefer to keep your existing one, Southern Spars will offer you a 5% discount on the price of your boom instead.
Posted on 29 Jun
11th Hour Racing to present at annual Green Sports Alliance Summit
11th Hour Racing is headed to Houston, Texas, to present at the annual Green Sports Alliance Summit 11th Hour Racing is headed to Houston, Texas, to present at the annual Green Sports Alliance Summit, June 28-30, the world’s largest gathering for the sports community around sustainability, including both professional and collegiate sports teams, leagues and venues.
Posted on 25 Jun
PredictWind - Stunning new forecast maps
When developing the Offshore App, we had to rethink maps for offshore sailors. When developing the Offshore App, we had to rethink maps for offshore sailors. The mapping technology was rebuilt to be faster, have smaller downloads and be able to smoothly animate PredictWind’s advanced forecasts. Following the success of the Offshore App, we’re releasing this unique display technology across all other platforms, including the forecast website, Android and iOS Apps
Posted on 24 Jun
Extreme Sailing Series™ partners with Cisco Systems
The global technology company will provide exclusive networking solutions that will transform wireless connectivity The first venue at which members of the public, race officials and sailors will benefit from the Cisco WiFi solutions will be Cardiff – the third Act of the 2016 season – where the action gets underway on the water on 23 June. As an Official Series Supplier, Cisco will provide similar facilities at the remaining Acts of 2016.
Posted on 22 Jun
Volvo Ocean Race makes key changes to its leadership team
The re-shuffle which follows Mark Turner’s appointment as CEO, is aimed at driving innovation of sailing’s offshore race Lawrence is currently Race Director of the Extreme Sailing Series, and arrives with bags of sailing and commercial expertise, having previously managed events in all of the territories that will be visited during the 2017-18 edition.
Posted on 21 Jun