The following are the most recent pieces of Forex fundamental analysis from around the world. The Forex fundamental analysis below covers the various currencies on the market and the most recent events, announcements, and global developments that affect the Forex market.
Forex Fundamental Analysis
Forex Fundamental Analysis
Despite Mrs May’s protests during her electioneering yesterday that the Pound was falling before Brexit (depends on the time window that you consider, of course), the decision that the UK would be leaving the EU put a strong downwards momentum on Sterling.
A recession is defined as two consecutive quarters where the GDP of a nation falls. By this definition, the Greek economy fell back into recession in Q1 2017.
It seems likely that the current deal amongst Opec nations and some other key oil producing nations will be extended.
Last week was a mixed affair for the world’s major markets. The Dow ended the week down by 0.52% to close at 20897. The Nasdaq composite index was up by 0.34% over the course of the week at 6121.2.
The Bank of England has increased its projection for inflation for 2017 from 2.4%, predicted in February, to 2.7% currently.
If you ask the general public to name a group of universally despised people to be held to blame (quite unfairly) for all the ills of the world, the chances are that there’d be a shortlist of two: politicians and bankers.
The US is close to full employment, but because of population growth and immigration, the US economy must create a large number of jobs each month to stand still.
On Sunday, Emmanuel Macron was elected president of France taking a decisive victory over the far right Front National candidate Marine Le Pen by 66.1 to 33.9% of the valid votes cast.
All of the world’s major markets again made gains over the course of the week. Get the Forex week in review analysis here.
Back in 2012, the price of a barrel of Brent Crude was over $120 ($127 in March 2012) and had been higher before the Global Financial Crisis really bit.
Assuming that the measurements gain parliamentary approval, Greece has agreed further austerity in the shape of a pension cut of 0.9% and a reduction in the tax threshold above which income is taxable.
Donald Trump marked his first 100 days in office at the end of April (29th if anyone is counting).
A failing of the remain campaign was to overplay the consequences of leaving the EU, warning of near apocalyptic consequences of a “no” vote.
Last week marked the final trading session for April. All of the world’s major markets made gains over the course of the week.
The Trump administration had initially included provision for the wall in the upcoming budget, but (predictably) it was met with strong resistance.