Progressive Equity Advisors Ltd
January 24, 2012 Comments Off
The Progressive team has decades of financial markets experience across Europe, the Middle East and Asia. We have successfully worked with dozens of asset managers and thousands of investors helping them achieve their strategic and investment objectives.
We offer a broad range of services and access to a select range of investment funds. So whatever your investment aims are, the Progressive team can help you achieve them smarter, faster and better.
Michael A. Young, CFA
Head of Advisory Services
Progressive Equity Advisors
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Contact Details
January 23, 2012 Comments Off
Progressive Equity Advisors Limited
83 Long Lane
London
EC1A 9ET
United Kingdom
Web: http://www.ProgressiveEquityAdvisors.net
Email: Info@ProgressiveEquityAdvisors.net
Tel UK: +44 20 3239 2215
Tel HK: +852 300 85878
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Market Commentary 24th May 2013
May 24, 2013 Comments Off
New Zealand Dollar:
With HSBC Chinese PMI disappointing yesterday the Kiwi found itself under further pressure after already dropping sharply against the greenback on Wednesday night. The first contraction in the manufacturing data in seven months had investors pulling out of risk correlated assets like equities and the Kiwi and we reached a low below 0.8020 in late afternoon trade. It seems that markets may have been a little overdone and a turnaround began in US equity markets after better than expected US data which then led to an increase in risk appetite and we managed to recapture most of our lost levels in time for this morning’s open. This morning sees local trade balance data due out shortly and we find NZD/USD currently at 0.8115 while AUD/NZD is still trading either side of 1.20 as both currencies take it turns to lose or gain more against the greenback. We expect a range today of 0.8085 – 0.8190.
