sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: January 8, 2014 - Equity Markets rally
Collinson FX Market Commentary: January 8, 2014 - Equity Markets rally


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

Collinson FX market Commentary: January 8, 2014, 2013

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

Equity markets resumed their rally overnight, encouraged by economic data, and the confirmation of the new Fed Chairman, Yellen. She was confirmed by the Senate and this inspired markets to action, as the perception is that she is a Dove and will thus, extend Monetary Stimulus.

The Dollar should be on the rise if tapering were to end QE Infinity, but still doubts linger, with the EUR 1.3615 and the GBP 1.6410. The US Trade Balance contracted, as Oil imports dipped, with domestic production on the rise. Earnings begin Thursday, with Alcoa, and markets will react to the Fed minutes release tonight and the ADP Jobs report.

Huge economic data releases this week will influence markets but Central Bank actions and commentary will drive direction. Commodity currencies will remain vulnerable to USD recovery, with the AUD trading around 0.8900, and the KIWI below 0.8300.

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

Collinson FX market Commentary: January 7, 2014
Bernanke is on his bike and he is to be replaced by his vice-President, Yellen. Yellen is a dove and advocate of expansive monetary policy, which has dominated the socialist lead Obama regime. The complete fiscal ineptitude has virtually forced the expansive monetary policy.

By running deficits, the left consider, printing more money essential. The sheer ignorance of the socialist ideology astounds, as the belief that there will be no repercussions of printing more money, beggars belief. Political leaders have iterated the theory, that running deficits can be accommodated by expanding the money supply,must be considered verging on insane. The Feds balance sheet is now triple what it was pre-GFC! The goal is growth and ignore the long term consequences. Europe has adopted the same theories, extolled, by the very person assuming the role of Federal Reserve Chairman.

Tapering is a step in the right direction, but it is just a reduction in the expansion of the money supply! The obvious impact of printing money is the reduction in purchasing power and wealth. This is what the populus has been suffering, with real income falling aver the last six years, across the Western World. The Fed has undermined the Dollar, which has fallen to 1.3650 against the EURO and 1.6400 v the GBP.

A reduction in the expansionist policy should have a positive effect on the value of the USD over the next year and ultimately impact the commodity associated currencies. The AUD has fallen from heady highs, to trade just below 0.9000, but should experience further downside tests.

The KIWI has been resilient as the economy slowly recovers under the stewardship of a conservative Government. This could all be unravelled with election later in the year. Nine years of left-wing socialism, rainbow politics and associated economic policies, all but destroyed the economy and much work remains. The KIWI has began the year strongly, trading just under 0.8300, but will be under pressure from a recovering reserve currency.

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=118236

12:20 PM Wed 8 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:

09 Jan 2014  Collinson FX Market Commentary: January 9, 2014 - News gets better
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
13 Dec 2013  Collinson FX Market Commentary: December 13, 2013 - NZ jawboning works
12 Dec 2013  Collinson FX Market Commentary: December 12, 2013 - An excuse gone
11 Dec 2013  Collinson FX Market Commentary: December 11, 2013 - Tapering times
28 Nov 2013  Collinson FX Market Commentary: November 28, 2013 - Thanksgiving slows
MORE STORIES ...




News - USA and the World

ISAF Sailing World Championships - Watch medal races live here by Dan Ibsen, Sail-World Europe & UK editor,


















470 Men and Women Worlds - Vadlau and Ogar into pole position by 470 International Association Class,




ISAF Sailing Worlds, Santander - Strong competition for RS:X fleets by Olga Maslivets, International RS:X Class Assoc.,






































470 Men and Women Worlds - Game on for Olympic Qualification by 470 International Association Class,






ISAF Sailing World Championships - 470 sailors shine in Santander
Royal Cup Marina Ibiza - Kiwi Ray Davies returns to TP52 fleet
Starboard Hatteras Wave Jam - No windsurfing action on day 1
A complete recap of the most successful Melges 20 World Championship
Rolex Big Boat Series - Prizegiving images by Chuck Lantz
ISAF Santander - Upwards path for Austrian women's 470 crew + video
18ft skiffs: Carnage compilation from the glory days of the Grand Prix
ISAF Worlds: Video from the British Sailing Team
Bart's Bash expected to set new records this weekend
PWA Cold Hawaii World Cup - Marcilio Browne wins Super Session
470 Men and Women World Championships - Racing abandoned on day 2
ISAF Sailing World Championships - Day 4 images from Santander
ISAF Sailing Worlds, Santander: Emerging Nations Program sailors shine
ISAF Sailing Worlds, Santander - Teasing winds play havoc on day 4
ISAF Sailing World Championships: Hot conditions in Santander on day 4
Santander ISAF Sailing World Championships joins Bart’s Bash
PWA Cold Hawaii World Cup - Grounded fishing boat creates problems
Marseille One Design - GC32 Armin Strom Sailing Team emerge victorious
Rolex Big Boat Series 2014 - Ready for another 50 years
2014 Rolex Big Boat Series - Farr 40 Day 4
2014 Rolex Swan Cup - Eleventh-hour victories   
Extreme Sailing Series - Kiwis clinch Act win in Istanbul + Video   
2014 Rolex Big Boat Series - Two long races today for the J70 fleet   
2014 Rolex Big Boat Series - Impressive to sail out of the Golden Gate   
Extreme Sailing Series - Istanbul delivers four days of great racing   
ISAF Sailing Worlds Santander - Day 3 images by Sail-World.com   
Extreme Sailing Series: Emirates Team NZ bounces back for series win   
Santander 2014 ISAF Worlds - Light winds and current test six classes   
ISAF Sailing World Championships - Solid Day 3 for US Sailing Team   
ISAF Sailing World Championships - Day 3 images by Jesus Renedo   
Marseille One Design 2014 - GC32 Armin Strom blitzes final day   
Volvo Ocean Race 2014-15 - Una Etapa 0 complicada para todos   
Santander 49ers: Olympic Gold Medallist says two into 90 does not go!! *Feature   
GBR aiming for first ever Nacra 17 Games berth at Santander Worlds   
Volvo Ocean Race: Man and sail overboard as Leg 0 serves up drama   
ISAF Sailing World Championships Santander 2014 – Images by Dan Ibsen   
Santander Worlds – already a spectator success   
ISAF Sailing World Championships Santander 2014 - Day 3 morning report   
Volvo Ocean Race 2014-15 - Tales from the extreme   
Volvo Ocean Race: Latest starter wins opening race   


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