Our Forex fundamental analysis is written by experienced economists who can clearly extrapolate market lessons from daily news events. Eliminate the need to analyze the news independently by reading daily fundamental analysis from DailyForex. We’ve done the hard work for you, so that you can spend more time in the trading room and less time in the news room.
Forex Fundamental Analysis
Forex Fundamental Analysis
After close to six months of political paralysis and tension over who should form a government, King Felipe VI of Spain signed a decree on Tuesday to dissolve Parliament and hold a rerun of national elections for the first time since the country’s return to democracy in the late 1970s.
According to Eurostat, average growth amongst the 19 member states which use the Euro, the Eurozone, picked up in Q1 2016 to 0.6% (under a tenth of the expansion claimed for China, it should be noted).
The bank of Japan decided not to change its interest rate policy at its most recent meeting (Thursday 28/4/16) and did not indulge in any fresh, substantive, monetary easing actions which many had anticipated.
Puerto Rico is a Caribbean island and unincorporated U.S. territory governed by the U.S. Congress with full jurisdiction under the Puerto Rico Federal Relations Act of 1950.
Last week marked the final trading session in April and was a negative affair for the world’s major markets. The oil price strengthened further.
Brazil is set to host the Summer Olympics and the Paralympic Games in less than 100 days. But analysts are questioning whether the country will emerge any better economically after the closing ceremony brings the games to an end.
Barak Obama might have stepped out of line once again. At the end of a three-day visit during which he celebrated the Queen’s 90th birthday with a lunch at Windsor Castle, the U.S. President warned the UK about leaving the European Union and told Britain’s voters that it could take up to a decade to strike a trade deal with the United States from outside the European Union.
Queen Elizabeth has just celebrated her 90th birthday and it is 400 years since the Bard died – what better excuse for a visit to the UK by the President of the United States?
Despite attempts to manage oil prices, the price of crude oil is expected to continue to drop. The OPEC meeting that took place earlier this month failed to put into place any significant plan that would stem the flow of the crude or curb the export of billions of excess oil from major oil producers, specifically Iran and Saudi Arabia.
The 21st Conference of Parties (COP21), under the United Nations Framework Convention on Climate Change, delivered a global agreement to limit future global warming to under 2° C above pre-industrial levels.
Last week was a mixed affair for the world’s major markets. The oil price strengthened further. Get the analysis for April 25, 2016 here.
The recent disclosure by the International Consortium of Investigative Journalists (ICIJ) of 11.5 million documents “obtained” from Panamanian based legal firm Mossack Fonseca into the manner in which rich, famous and notorious people sheltered their funds from tax have certainly opened a debate on tax avoidance and tax evasion.
By any standards, growth of 6.7% seen in the Chinese economy represents an astonishing level for any major economy and contrasts with the modest growth seen in Japan, the USA and the Eurozone.
For all those skeptics who rushed to take their money out of the stock markets and into other investment vehicles over the last 18 months, here’s some good news: The Dow Jones Index closed above 18,000 on Monday for the first time since July 2015.
With the failure of the OPEC countries to come to an agreement over the weekend, oil is set for a long and deep decline, in my view. The supply/demand factors that are supporting it are not enough, in my view, to keep it at current levels for any length of time.