sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: February 19, 2013 - President's Day
Collinson FX Market Commentary: February 19, 2013 - President's Day


'Waitangi shows off her classic Logan lines being hauled at Orams on Monday'    Richard Gladwell ©    Click Here to view large photo

Collinson FX market Commentary: February 15, 2013

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

Markets were quiet Monday as the US was closed for Presidents Day holidays. European Markets drifted lower with the EUR down to 1.3350 and the GBP 1.5465 after dovish comments from ECB President, Draghi. He observed that the EU's recovery remained weak and inflation was now falling below 2% as growth contracts at an alarming rate. Italian elections, due in a week, also hold the promise of further uncertainty and thus Bond yields look to be on the rise.

The AUD traded below 1.0300 with New Vehicle Sales falling for the month and Political turmoil continuing in election year. A new challenge for the Labor Government leadership appears in the offing as Gillard crashes in the polls.

The KIWI held on to strong levels around 0.8450 after G20 assurances of an end to the 'currency wars'! Market action is likely to heat up as the Chinese return to the fray and the US react to a short week of data release.

Inherent problems surround Europe and deficit/debt issues are consuming the US and Europe. Instability politically and weak economic growth does not bode well for near term prospects.

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=106701

7:01 PM Mon 18 Feb 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:

15 Feb 2013  Collinson FX Market Commentary: February 15, 2013 - Frightened Bulls
14 Feb 2013  Collinson FX Market Commentary: February 14, 2013 - State of the Union
13 Feb 2013  Collinson FX Market Commentary: February 13, 2013 - Markets rebound
12 Feb 2013  Collinson FX Market Commentary: February 12, 2013 - Euros gather
11 Feb 2013  Collinson FX Market Commentary: February 11, 2013 - Agree to cut
09 Feb 2013  Collinson FX Market Commentary: February 8, 2013 - Jawboning the Euro
07 Feb 2013  Collinson FX Market Commentary: February 7, 2013 - European Bulls
05 Feb 2013  Collinson FX Market Commentary: February 5, 2013 - US on post GFC high
01 Feb 2013  Collinson FX Market Commentary: February 1, 2013 - US sobers up
31 Jan 2013  Collinson FX Market Commentary: January 31, 2013 - Cash rate held
MORE STORIES ...




News - USA and the World

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
























Final day shakes up standings at Cape Panwa Hotel Phuket Raceweek by Cape Panwa Hotel Phuket Race Week 2014,














2014 Governor's Cup - Two former winners in the finals by Nancy Mellon, Corona del Mar, CA


America's Cup: Iain Murray explains reasons for Australian withdrawal *Feature by Richard Gladwell/Sail-World.com/nz, Auckland, New Zealand




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   
RP52 Scarlet Runner sails in San Francisco   
2014 Governor's Cup - Nevin Snow and team on form   
ISAF Youth Worlds - Americans claim silver medals in Tavira   
2014 Cape Panwa Hotel Phuket Raceweek - Day 1   
Melges 32 European Championship - Day 2 images by Carlo Borlenghi   
Windsurfing and Kiteboarding World Cup to take place on Fuerteventura   
ISAF Youth Worlds - Medals decided in thrilling Tavira conclusion   
7th Annual Swim for Cystic Fibrosis to take place July 21st   
Melges 32 European Championship - Day 2 images by Max Ranchi   
Cape Panwa Hotel Phuket Raceweek, Day 2 - It just keeps getting better   
ISAF Youth Sailing World Championship final day preview   
AWT Pacasmayo Classic 2014 - Catching up with Levi Siver   
Top Kiwi Laser sailor just avoids being on downed airliner   
Volvo Ocean Race 2014-15 - Trans-Atlantic: Team Alvimedica - 500 Miles   
Pacific Cup 2014 – Photos of ‘Invisible Hand’   
International 14 World Championships - No excuse for not being there   


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