Send via SMS

Tuesday, November 23, 2004

Auction houses wrestle with currency trends
With the major yearling sales fast approaching the auction houses have their work cut out for them with the AUD continuing to make ground against the USD.

In terms of attracting buyers to Australia - particularly those in countries that have their currency pegged to the USD - then the currency trends of late are certainly giving the marketing teams at the various Houses some added pressure I'd imagine.

Speaking of marketing, for an auction house that has worked hard to develop its HK profile (and is spending a fair bit of money advertising North of the equator as well as relying on the PR machine to promote the race results of the HK winners bought at Australian auction), the news that Magic Millions have been granted the right to run the HK auction for the second year running will no doubt be a significant blow to Inglis.


Posted by: AthloneAssociates at 2:29 PM    | Permalink

Want the news as it happens?

This site offers an RSS feed.

If you don't have a RSS newsfeeder you might wish to try Pluck or FeedDemon

About Me


Katrina Partridge from Athlone & Associates authors this weblog


Awards

Search blog archives

Type in keyword

Monthly Archives


Blogroll - Thoroughbred Industry

Middle East blogs:
Dubai International Racing Carnival 2006 [Archived from 26 March 2006]

USA blogs:
Thoroughbred Bloggers Alliance
Railbird
The Pedigree Guru
Perfect Peace Farm
Avg HorsePlayer
Left at the Gate
Not to the Swift
Post Parade
Pulling Hair & Betting Horses
Tote Board Brad
Triple Crown Racing
Turf Luck
Thoroughbred Connection
Oregon Racing News
Equidaily
The Roger Stein Show
Thoroughbred Blog
Blinkers Off Blog
Horseman's Blog
The Bug Boys
The Lemon Drop Kid
Chicago Barn to Wire
Curb My Enthusiasm

Australian blogs:
Massie Lodge
Melb. Cup blog
Pedigree Dynamics

Japanese blogs:
Darkhorse Runs
Striding T'Breds in Japan

Other correspondents

Alex - Asia/Dubai

Mary - UK/Europe

Standings [USA only]

See TBA site (left column)

Copyright notice

Please note that all material on this site (including photographs) is copyright ATHLONE & ASSOCIATES LTD (2004 - 2006) and may not be reproduced in any form without prior written permission of the author.