sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: April 16, 2014 - AUD slips back
Collinson FX Market Commentary: April 16, 2014 - AUD slips back

'NZ Etchells Nationals 2014, Day 2, Race 3'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: April 16, 2014

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

US Equities continued the momentum upwards struggling to recover the massive hits taken last week. The RBA minutes did not reveal any pending support for the AUD, in the form of interest rates rises, and the currency slipped back to 0.9350.

Commodities have also drifted lower lending little to the commodity based currencies. The KIWI also slipped back below 0.8650 in a risk averse environment. The CPI is released today and any breakout would lead to pressures on interest rates and the currency. The EUR has traded around 1.3800 with the important ZEW Economic Sentiment reporting Germany continues to improve while the Euro-zone stutters.

In the US, the Empire State Manufacturing index slipped, reflecting recent economic sentiment. Inflationary pressures are on the rise with unhelpful fiscal and monetary policies not helping.

The housing market has been a shining light in the recovery but looks to be coming into a testing period which would be a signal to the overall state of the economy. Geo-Political threats are on the rise in Central Europe with the fight for the Ukraine coming to a head.

Russia has the momentum and backbone with the West expecting them to behave in the modern PC way. Fat chance!

NZ Etchells Nationals 2014, Day 2, Race 3 -  © Richard Gladwell   Click Here to view large photo

Collinson FX market Commentary: April 15, 2014

Equity markets finally rebounded after the hammering to close out last week.

The week ended in hedge funds dumping risk, in the form of overvalued tech stocks, reflected in the pummelling the NASDAQ has taken recently. The Dollar also found some support with the EUR trading 1.3820 and the GBP 1.6725. The Dollar remains under extreme short term pressure with little support from the Fed. Contraction of the Fed's Balance Sheet to a more acceptable (Pre-GFC) level will bring concerted and long term support.

The question is when Yellen will reverse the extreme QE policies adopted by her predecessor and as a dove, one suspects, could be a long time coming!

Retail Sales in the US jumped 1.1%, beating expectations, and bringing some confidence to markets. Consumption is a major driver and recovery would signal a rebound in demand and support recent strength in the recovery.

The AUD is attempting to regain 0.9400 while the KIWI trades 0.8670. The RBA Minutes will be released, early today, which will give an insight into the perceptions of the Australian economy and likely strategies. Is this a 'dead cat bounce'?

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.sail-world.com/index.cfm?nid=121197

11:48 PM Tue 15 Apr 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:

16 Apr 2014  Collinson FX Market Commentary: April 15, 2014 - Dead Cat bounce?
12 Apr 2014  Collinson FX Market Commentary: April 12, 2014 - ANZAC pushed back
12 Apr 2014  Collinson FX Market Commentary: April 11, 2014 - Up and down, again
11 Apr 2014  Collinson FX Market Commentary: April 10, 2014 - Equity markets surge
10 Apr 2014  Collinson FX Market Commentary: April 9, 2014 - US loses faith
09 Apr 2014  Collinson FX Market Commentary: April 8, 2014 - Equities Alarm bells
07 Apr 2014  Collinson FX Market Commentary: April 4, 2014: AUD and KIWI surge
04 Apr 2014  Collinson FX Market Commentary: April 3, 2014: White Gold running dry
03 Apr 2014  Collinson FX Market Commentary: April 2, 2014: RBA hold rates
02 Apr 2014  Collinson FX Market Commentary: April 1, 2014: All rise
MORE STORIES ...




News - USA and the World









International Moth Worlds: Rashley ahead as Aussies close in by Mark Jardine / YachtsandYachting.com,


















International Moth Worlds - Mothballed on day 4 + Video by Mark Jardine / YachtsandYachting.com,




Gladwell's Line: A change of direction needed in the America's Cup *Feature by Richard Gladwell/Sail-World.com/nz,
























Anna Tunnicliffe set to compete at the CrossFit Games by Anna Tunnicliffe, Pittsburgh, PA












U.S. Junior Women’s Singlehanded Championship - Sophia Reineke wins
BIC Techno 293 Worlds 2014 - Day 0 Opening
Fuerteventura World Cup - Slalom action highlights day 2
2014 Governor's Cup - Sam Gilmour of RFBYC victorious again
Farr 40 West Coast Champ - Skipper Alberto Rossi leads Enfant Terrible
Flying Dutchman World Championships - Magyars are the Masters
Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek
2014 -15 Volvo Ocean Race: Team Alvimedica pushing towards Southampton
NYYC Race Week - Saving the best for last
VX One North American Championship - Chris Alexander commands
2014 Cape Panwa Hotel Phuket Raceweek - Waiting game on Day 3
International Moth Worlds: Thunderstorms delay racing on Day 1
Fuerteventura World Cup - Impressive tricks on day 1
2014 Governor's Cup - Two former winners in the finals
America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature
Wilson and Roble remain number one match racers in U.S.
2014 ISAF Youth Match Racing World Championship - Set to start
PWA Pozo World Cup - Moreno twins dominate home spot
ISAF Youth Worlds - Record breaking regatta in Tavira + Video
Melges 32 European Championship - Robertissima remains out front
Farr 40 West Coast Championship - Italians take one-point lead   
Melges 32 European Championship - Day 3 images by Carlo Borlenghi   
New York Yacht Club Race Week - Marstrom 32 fleet off to anxious start   
Melges 32 European Championship - Day 3 images by Max Ranchi   
CYC Race to Mackinac - Cruising fleet sets sail in 106th edition   
Team Alvimedica getting a touchup   
PWA Pozo World Cup - Plenty of drama on day 5   
ISAF Youth Sailing World Championship - Day 5 Videos   
NYYC Race Week - High performance classes put on shoreside show   
2014 Pacific Cup - 'Invisible Hand' the first boat to finish   
Clipper Round the World Yacht Race - B.C.'s Eric Holden skippers wins   
America's Cup: Updates on Team Australia withdraw   
J/70 North American titles - Brian Keane moves to top of leaderboard   
2016-2017 America's Cup - Team Australia withdraws   
VX One North American Championship - Chris Alexander takes charge   
America's Cup: Team NZ disappointed, but on track after Australians go   
America's Cup: Hamilton Island decides not to proceed with Challenge.   
America's Cup: Challenger of Record withdraws from Regatta   
WWA Wakeboard National Championships head to Waco   
Farr 40 West Coast Championship - Day 2   


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 US
LocalAds   DE  ES  FR  IT