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
Last week was another mixed affair for the world’s major markets. The Dow ended the week down by 0.11% to close at 20071. The Nasdaq composite index was up by 0.11% over the course of the week at 5666.8.
In life, one is faced with a myriad of choices which can sometimes seem to be overwhelming, but in the end a single choice emerges.
In its first meeting since Donald Trump became president of the USA, the Federal Reserve has left interest rates unchanged.
There rightly was significant public anger directed towards the banks and their “creative” business practices that led directly to the Global Financial Crisis.
Last week was the final trading period for January from the perspective of these summaries. Markets were again mixed. Get the week in review for January 30, 2017 here.
The UK economy grew at 0.6% in Q4 2016, matching the growth levels seen in Q2 and Q3 and giving an annualised growth figure of 2% for the full year.
The Chinese economy caused a big wobble to the global economy last year with concerns that its major stock market was over-valued, public debt was unsustainable and growth was slowing. It took global markets most of Q1 to recover from the China doubts, but the underlying questions were never satisfactorily resolved.
It will remain one of the enduring mysteries of 2016 as to why Theresa May didn’t directly seek the authority of parliament to invoke Article 50 of the Treaty of Lisbon and start the process of disentangling the UK from the EU.
Nobody is yet sure what the direction of US economic policy will be under President Trump. During the campaign, he made strident “America first” protectionist noises and has been notably belligerent towards China, but getting elected and running the country are two different matters.
At the end of the week, the world’s largest economy inaugurated Donald Trump as its president, ushering in a phase of economic uncertainty as the world waits to see if his actions live up to his protectionist rhetoric.
The European Central Bank acts, as the name implies, as a central bank for nations using the Euro as their national currency.
The only world leader to openly applaud Brexit is Donald Trump which perhaps says all that needs to be said on the subject.
After months of “Brexit means Brexit” and talk of “the best possible deal for Britain” etc, the UK Prime Minister finally put a little anorexic flesh on the bones of the UK’s post Brexit relationship with the EU.
Tuesday will see what is being billed as a major speech about Brexit from UK Prime Minister which is expected to signal a near total rupture of the existing UK-EU relationship, but more on that once we know what she has actually said.
Last week was the first full trading session of 2017. The markets were mixed with the Dow and Nikkei closing lower.