sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery
Sail-World.com : Collinson FX Market Commentary: November 5, 2013 - Expectations high
Collinson FX Market Commentary: November 5, 2013 - Expectations high


'Giacomo (Jim Delegat) - Start of Coastal Classic 2013, Waitemata Harbour, October 25, 2013'    © Richard Gladwell    Click Here to view large photo

Collinson FX market Commentary: November 5, 2013

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

Equity markets closed last week strongly and have high expectations going into a strong new week of economic data releases.

Close attention will be paid to US Employment reports and GDP growth. Expectations are not high for either, with the last quarter showing no signs of a break out in the economic recovery. Analysts expect growth to contract to around 2% from 2.5% and employment to remain steady at best.

Low expectations may result in a rally in equities if the data releases are tepid. US Factory Orders rose 1.7%, slightly below expectations, but well above last months fall. The Fed will continue to pump $85 Billion, every month into the system, supporting the bubble in equities. The Dollar was steady, but with the destructive campaign the Fed has been waging, should be on the decline. The EUR traded 1.3500 and the GBP 1.5950 reflecting the weakness in the Eurozone rather than any inherent strength in the reserve currency.

Australian Retail Sales jumped 0.8%,although house prices drifted lower and job ads declined for the month in the lead up to the RBA meeting on Melbourne Cup Day. A history of cuts on Melbourne Cup Day may lead to cuts in the official rate but Ozzies will be more concerned about the outcome of the 'Great Race!' The AUD held up prior to the Central Bank meeting, trading around 0.9500 and the KIWI 0.8260.

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=116395

1:55 PM Tue 5 Nov 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:

07 Nov 2013  Collinson FX Market Commentary: November 6, 2013 - Expectations high
02 Nov 2013  Collinson FX Market Commentary: November 1, 2013 - Markets positive
31 Oct 2013  Collinson FX Market Commentary: October 31, 2013 - Stimulus stays
31 Oct 2013  Collinson FX Market Commentary: October 30, 2013 - ANZAC drift
30 Oct 2013  Collinson FX Market Commentary: October 29, 2013 - Federal Bank meets
25 Oct 2013  Collinson FX Market Commentary: October 24, 2013 - Equities retreat
23 Oct 2013  Collinson FX Market Commentary: October 23, 2013 - USD crashes
23 Oct 2013  Collinson FX Market Commentary: October 22, 2013 - Markets exhausted
20 Oct 2013  Collinson FX Market Commentary: October 19, 2013 - Moving on
17 Oct 2013  Collinson FX Market Commentary: October 17, 2013 - Markets soar
MORE STORIES ...




News - USA and the World

































A complete recap of the most successful Melges 20 World Championship by International Audi Melges 20 Class Association,




ISAF Santander - Upwards path for Austrian women's 470 crew + video by Luissa Smith, International 470 Class Association,




























2014 Rolex Big Boat Series - Farr 40 Day 4 by William Wagner, San Francisco


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
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
2014 J/70 World Championship - Healy, Abdullah, Becker and Borges win
2014 Rolex Big Boat Series - Full-blown, once again   
ISAF Worlds - Americans jump up Laser and Laser Radial leaderboard   
2014 Rolex Big Boat Series - Farr 40 Day 3   
America's Cup: Luna Rossa sailing with two foiling AC45's + Video   
Extreme Sailing: Emirates Team NZ retain second overall   
ISAF Sailing Worlds, Santander - Rio Olympic Laser spots snapped up   
Rolex Swan Cup - All set for final showdown   
Upper Midwest sailors need help to take it to the next level   
ISAF Sailing World Championships - RS:X action begins in Santander   
ISAF Sailing Worlds, Santander - Americans rise in Laser and Radial   
Extreme Sailing Series - A remarkable penultimate day’s racing + Video   
Marseille One Design - GC32 GDF Suez unstoppable in the light   
Rolex Swan Cup - Day 3 images by Carlo Borlenghi   
ISAF Sailing World Championships - Images of the leaders in Santander   
Rolex Big Boat Series - Good day for Double Trouble   
Rolex Big Boat Series - Day 2 images by Erik Simonson   
Royal Cup Marina Ibiza - TP52 fleet ready for tricky race tracks   
Rolex Big Boat Series - Plenty maintains lead   
2014 Asia Pacific Student Cup - Count down begins   
Extreme Sailing Series: Live coverage of Day 3 - view here   


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