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Forex Fundamental Analysis
Forex Fundamental Analysis
Last week was a mixed affair for the world’s major stock markets. The breakdown of talks on Brexit between the opposition and government sent Sterling lower.
For a number of weeks now, senior figures in the government have been in discussion with their Labour opposite numbers, led by the shadow Brexit Secretary, Sir Kier Starmer.
The German economy is the dominant economy of the Eurozone and the wider EU and is estimated to be worth approximately $4.2 trillion in 2019
On the back of the industrial revolution, steel making in the UK grew to be the fifth largest steel manufacturing concern in the world, a rank it held as recently as the late 1960s.
The UK economy has indeed managed to pick up the pace of its expansion over Q4 2018, as predicted earlier.
Last week was a negative affair for the world’s major stock markets in the wake of the US’s decision to ramp up further tariffs on Chinese imports.
Despite the fact that trade discussions between the USA and China were actually taking place on American soil yesterday, the Trump administration has gone ahead with its threat to increase sanctions of Chinese imports to the USA.
Donald Trump has long espoused the simplistic view that if the USA engages in a trade war (or, seemingly, many trade wars) it will quickly emerge victorious with its “enemies” capitulating to what the US wants.
According to official figures from the US Department of Labor, the unemployment rate in the USA for April has fallen to 3.6%.
Last week was another mixed affair for the world’s major stock markets.
The Bank of England has surprised nobody by leaving its interest rate unchanged at 0.75%.
Having announced that rates will not be rising for the foreseeable future, it should surprise nobody that the Federal Reserve has done just that and left rates on hold.
Spain is the fifth largest economy in the EU behind Germany, the UK, France and Italy.
The rate of growth in the US economy has picked up in the first quarter of the year, coming in at 3.2%, up from 2.3% in Q4 2018.
Last week was a mixed affair for the world’s major stock markets with all making ground. Friday marked the final trading session for April from the perspective of these summaries.