sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: August 5, 2013 - KIWI drops
Collinson FX Market Commentary: August 5, 2013 - KIWI drops


'SKUD18 in 30kts and white water - Day 4, Oceanbridge Sail Auckland 2013'    Richard Gladwell ©    Click Here to view large photo

Collinson FX market Commentary: August 5, 2013

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

The big news to close the week was a miss in Non-Farm Payroll expectations. The markets were expecting 185,000 but received only 162,000, although the Unemployment rate fell to 7.4% due to falling participation. The news was not good, but the markets took it in their stride with little movement after Bernanke's reassurances earlier in the week.

The EUR traded 1.3275 and the GBP 1.5300. Central Bank support from Europe ad the US has reinvigorated equity markets and continue to inflate the bubble. Commodities drifted as demand from China contracts and economic conditions deteriorate. The AUD now broke below 0.8900 after a string of weak economic data and a massive write down in Budgetary conditions.

The Budget is now in crises and with an election looming (SEPT 7TH) it is hard to see these economic vandals being re-elected! The NZD/USD and its crosses have opened the week considerably lower, than its .7850 close on Saturday am, at .7725 as the news from the Fonterra milk powder crisis hits the airwaves....look for more volatility here as events unfold. This week will continue to be dominated by Central Banks with likely cuts from the RBA!

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=112843

6:17 AM Mon 5 Aug 2013GMT


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:

02 Aug 2013  Collinson FX Market Commentary: August 2, 2013 - ANZAC's dragged down
01 Aug 2013  Collinson FX Market Commentary: August 1, 2013 - AUD slides further
31 Jul 2013  Collinson FX Market Commentary: July 31, 2013 - Aussie takes a bath
30 Jul 2013  Collinson FX Market Commentary: July 30, 2013 - US Dollar gains
29 Jul 2013  Collinson FX Market Commentary: July 29, 2013 - KIWI Surges
26 Jul 2013  Collinson FX Market Commentary: July 26, 2013 - Jawboning the rates
25 Jul 2013  Collinson FX Market Commentary: July 25, 2013 - KIWI gives up chase
24 Jul 2013  Collinson FX Market Commentary: July 24, 2013 - KIWI looking stromg
23 Jul 2013  Collinson FX Market Commentary: July 23, 2013 - Brit's distractions
20 Jul 2013  Collinson FX Market Commentary: July 20, 2013 - Flat Markets end week
MORE STORIES ...




News - USA and the World



America's Cup: Alameda makes overtures on Venue hosting for San Fran *Feature by Richard Gladwell/Sail-World.com/nz,


























2014 Pacific Cup - Scarlet Runner wins by Vanessa Yates, Hawaii






































Plastic Classic takes place at Mariposa Hunters Point YC
Six Metre European Championship - No champion declared for 2014
J/Teams sail tough Chicago Mackinac Race
Anna Tunnicliffe wins first event of Reebok Cross Fit Games + Video
2014 Pacific Cup - Skill and luck required for victory
Six Metre European Championship - Action resumes on day 4
BIC Techno 293 Worlds 2014 - Day 4
PWA Fuerteventura Grand Slam on the horizon
Rolex Big Boat Series - Golden Jubilee to take place this September
DH Pacific Cup - Running with the pack + Video
Women's Match Race Golfe du Morbihan - Testing day in Vannes
Brewin Dolphin Commodores' Cup - Ireland establishes solid lead
International Moth Worlds: Outteridge charges into the lead + Video
Marina Rubicón Round Canary Islands Race - First blood to Team Brunel
ISAF Youth Match Racing Worlds - Competition heats up on day 2
Laser Radial World Championships - Competition aplenty on day 3 +Video
Extreme Sailing Series - Penultimate Act to take place in Nice
Leukemia Cup - Images by Leighton O'Connor
Maxi Yacht Rolex Cup - Meeting of the grand designs
29er North American Championship - Final series kicks off
29er World Championship 2014 set to start in Kingston, Ontario   
Barcelona and Parnu chosen for 2015 ORC championship events   
2014 Race for Rady Yacht Race - Benefiting Rady Children’s hospital   
CMRC Summer Invitational Series - Doubleheader events start tomorrow   
BIC Techno 293 Worlds 2014 - Day 3   
Sailing through STEM Night at California YC   
Six Metre European Championship - High temps and little wind on day 3   
Women’s Match Race Golfe du Morbihan - Light wind opener in Vannes   
International Moth Worlds: Rashley ahead as Aussies close in   
Brewin Dolphin Commodores' Cup - Unsatisfactory conditions on day 4   
ISAF Youth Match Racing Worlds - American unbeatable on day 1   
RS Feva World Championships - All set at Yacht Club de Carnac   
ISAF Rolex World Sailor of the Year Awards - Nominations now open   
BIC Techno 293 Worlds - Steady winds on day 2 + Video   
29er North American Open Championship - Qualifying series wraps up   
Opening ceremony O'pen Bic World Cup, Travemunde Week, Germany   
Six Metre Europeans - Wind fails to make an appearance on day 2   
Edgartown Race Weekend - Let the sailing (and good times) begin   
ISAF Youth Match Racing World Championship - Action commences July 23   
International Moth Worlds - Mothballed on day 4 + Video   


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