Sail-World.com : Collinson FX Market Commentary: October 22, 2012 - Markets take a bath
Collinson FX Market Commentary: October 22, 2012 - Markets take a bath
|
Collinson FX market Commentary: October 22, 2012
Click here to find out how to get CollinsonFX's free iPhone app
Markets continued to retreat after Fridays big falls. In Europe, Spanish regional elections have done little to impact the EUR which traded 1.0350 and the GBP 1.6000.
Eurozone Debt to GDP rose to 87.3% which is closing fast upon the magical 100% which has lead to many individual national crises. In the US, markets were lower after further weak Corporate earnings and confidence on the slide. The focus is on the fast approaching Presidential Elections and the final Presidential debate overnight.
In Asia the mood was set with deteriorating Trade data from Japan with Exports declining over 10% and Imports on the rise.
In Australia, the Government has released a mid-year Budget update early to avoid inclusion of declining revenues form an economy impacting by falling global demand. The AUD held 1.0300 after the announcement, although does look vulnerable to the Global instability. The KIWI continues to trade around the 0.8150 levels.
Focus today will be political in Europe and especially the US!
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=103108
11:10 PM Mon 22 Oct 2012GMT
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:
|
24 Oct 2012 |
Collinson FX Market Commentary: October 24, 2012 - Markets dive deeper
|
|
18 Oct 2012 |
Collinson FX Market Commentary: October 18, 2012 - Huge rebound
|
|
17 Oct 2012 |
Collinson FX Market Commentary: October 17, 2012 - Markets rally
|
|
16 Oct 2012 |
Collinson FX Market Commentary: October 16, 2012 - Markets open strong
|
|
13 Oct 2012 |
Collinson FX Market Commentary: October 12, 2012 - Markets & Kiwi flat
|
|
11 Oct 2012 |
Collinson FX Market Commentary: October 11, 2012 - Alcoa moves ahead
|
|
10 Oct 2012 |
Collinson FX Market Commentary: October 10, 2012 - IMF rings bell
|
|
09 Oct 2012 |
Collinson FX Market Commentary: October 9, 2012 - US markets light
|
|
07 Oct 2012 |
Collinson FX Market Commentary: October 6, 2012 - US Boost
|
|
05 Oct 2012 |
Collinson FX Market Commentary: October 5, 2012 - Bond-buying
|
|
 |
MORE STORIES ...
|
|
|
|
Our Advertisers are committed to our sport, please support them!
This site and its contents are © Copyright TetraMedia Pty. Ltd and/or the original author, photographer etc. All Rights Reserved.
Photographs are copyright by law. If you wish to use or buy a photograph you must contact the photographer directly (there is a hyperlink in most cases to their website, or do a Google search.) with your request.
Please do not contact
Sail-World.com
as we cannot give permission for use of other photographer’s images.
Only if the photographer named on the image is Sail-world.com, Powerboat-world.com, Marinebusiness-world.com or NZBoating-World.com.
Contact us
.
Ph: +61 2 8006 1873
or complete our
feedback form
Contact us
.
View our Privacy Policy.
[ Go Home]
[ Banner Advertising Specification]
[Bot Archive ]
Customised news feeds -Marine Industry companies, Clubs and Associations have their own customised version of our news feed on their website.
Look_here_to_see_examples
|
CLD
| | |
