sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: January 15, 2014 - US rebounds
Collinson FX Market Commentary: January 15, 2014 - US rebounds


'Auckland 18ft Skiff Championships - December 15, 2013'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: January 15, 2014, 2013

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

US Equity markets rebounded after the stunning losses suffered the previous trading day. Losses were sustained due to fears over a weaker earnings season and the digestion of the horrible Employment data, Friday. Today Retail Sales improved 0.2% for the month of December, building on previous gains, supporting the theory of recovery in the all-important Consumer Sector.

The Economic situation seems to be improving and now leads to 'good news' being treated as 'good news'. The Dollar remains a litmus test and real improvement should be reflected in the growing strength of the reserve currency. The EUR was steady trading 1.3680 and the GBP 1.6450.

Commodities remained well supported and the associated currencies are well bid. The AUD is trading back under.9000 and the KIWI looks set to test 0.8400...this has pushed the NZD/AUD cross to above .9300.

They remain vulnerable to any big recovery in the USD and continued tapering of QE Infinity.

December 15 2013 18fter Auckland Championships  © Richard Gladwell   Click Here to view large photo

Collinson FX market Commentary: January 14, 2014, 2013

With little in the way of economic data release, markets were left to ponder the Fed. QE Infinity has flooded the markets with liquidity and tripled the Feds balance sheet.

The destruction of wealth and the US Dollar, has been enormous, but enhanced the competitiveness of America. The citizens are the major casualties, but equitiy owners, have gained much. Tapering has begun but the extent is not clear. The Eurozone has not fared well in the New Year and the EUR has dropped to 1.3650 with the GBP 1.6365.

The expansion of the money supply has undermined the value of the Dollar and has enhanced the prices of commodities.

The recovery in the associated currencies has begun with the AUD storming through the big, big figure and topping 0.9050 and the KIWI moving towards 0.8400. The weakness in the reserve currency is an indication markets do not believe that Yellen will continue tapering...


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=118392

2:07 PM Wed 15 Jan 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 Jan 2014  Collinson FX Market Commentary: January 16, 2014 - Recovery continues
14 Jan 2014  Collinson FX Market Commentary: January 14, 2014 - AUD storms through
11 Jan 2014  Collinson FX Market Commentary: January 10, 2014 - US misses data
09 Jan 2014  Collinson FX Market Commentary: January 9, 2014 - News gets better
08 Jan 2014  Collinson FX Market Commentary: January 8, 2014 - Equity Markets rally
08 Jan 2014  Collinson FX Market Commentary: January 7, 2014 - Kiwi starts strong
21 Dec 2013  Collinson FX Market Commentary: December 20, 2013 - AUD crashes
19 Dec 2013  Collinson FX Market Commentary: December 19, 2013 - Confidence builds
18 Dec 2013  Collinson FX Market Commentary: December 18, 2013 - AUD eases into NZD
17 Dec 2013  Collinson FX Market Commentary: December 17, 2013 - NZ Confidence high
MORE STORIES ...




News - USA and the World































































Rolex Big Boat Series - Plenty maintains lead by Tink Chambers, San Francisco


2014 Asia Pacific Student Cup - Count down begins by Bryan Reginald CHAN, Marina Bay


Extreme Sailing Series: Live coverage of Day 3 - view here
Volvo Ocean Race 2014-15 - Going away
Volvo Ocean Race 2014-15 - Practice makes perfect
2014 J/70 World Championship - Contrasting conditions on Day 4
Rolex Big Boat Series - 50 years of big boat racing: a retrospective
2014 Rolex Big Boat Series - Day 2
Snipe Western Hemisphere and Orient Champ: Rios takes the Championship
Volvo Ocean Race: Leg Zero signals start of the significant racing
Extreme Sailing Series: Physically demanding racing for BAR on Day 2
Emirates Team NZ: Holding second overall after Day 2 in Istanbul
Extreme Sailing Series: A force to be reckoned with in Istanbul +Video
ISAF Sailing Worlds - Day 1 images by Jesus Renedo and Pedro Martinez
Marseille One Design: GC32's Armin Strom storms ahead on day 2 + Video
ISAF Sailing World Championships - Racing underway in Santander +Video
ISAF Sailing Worlds, Santander - Erika Reineke claims Radial race win
Santander Worlds 2014 Mat Belcher (Part II) *Feature
Rolex Swan Cup - Mistral keeps fleet shoreside
PWA Cold Hawaii World Cup rescued by wave of local support
ISAF Sailing World Championship, Santander - Opening ceremony images
Volvo Ocean Race 2014-15 - Team Alvimedica geared up for Leg Zero
J/70 World Championship 2014 - Healy surfs into lead   
2014 Rolex Big Boat Series - Day 1   
2014 Rolex Big Boat Series - Gripping first day on the Bay   
2014 Rolex Big Boat Series - Day 1 images by Erik Simonson   
2014 Snipe Western Hemisphere and Orient Championship - Day 4   
Rolex Big Boat Series - Familiar conditions on day 1   
Extreme Sailing Series: Team NZ share lead after Day 1 in Istanbul   
ISAF Sailing World Championships - Thousands attend Santander opening   
Rolex Swan Cup - Day 2 images by Carlo Borlenghi   
GC32: Great Cup: Day 1, Foils, flying and an unstoppable Flavio   
Rolex Swan Cup - Classic day of racing on the Costa Smeralda   
Extreme Sailing Series - Pushed to the limit and dismasted on Day 1   
Volvo Ocean Race - A profile of Abu Dhabi Ocean Racing   
J/70 World Championship - Day 2 images by Chris Howell   
Volvo Ocean Race 2014-15 - Lego Zero crisis scenarios loom   
America's Cup: Bob Fisher on the state of the Cup   
Interview with West Coast International Canoe pioneer Del Olsen: Video   
2015 RC44 Championship Tour announced   
Extreme Sailing Series: Precious practice time put to good use   
J/70 World Championship: Day 2 - Completion of qualifying series   


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