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Forex Fundamental Analysis
Forex Fundamental Analysis
The runes have it that the Supreme Court is likely to find against the UK government, but pundits are divided about what would happen next.
As was widely predicted by analysts, the US Federal Reserve’s Open Markets Committee (OMC). decided to cut the interest rate at this week’s meeting.
The Spanish electorate is to be asked to go to the polls for the fourth time in as many years in an attempt to break the political deadlock following the last elections in April.
On Saturday, a Saudi Arabian oil production facility in Abqaiq was attacked by multiple drones, striking 17 locations within the facility.
The markets all had a positive week, again. Sterling continues its mini rally, but investors are working more on hunches than information, from the fundamental analysis perspective.
The European Central Bank has taken the decision to try to stimulate the Eurozone economy by re-starting its quantitative easing programme
The Scottish Court of appeal has unanimously decided that Boris Johnson’s decision to prorogue parliament for five weeks (10/9/19 to 14/10/19),
According to the US Department of Labor, the US economy managed to create 130000 jobs in August.
The process of ending a parliamentary session in the UK is known as prorogation.
Sterling’s rally is back on as parliament passes a bill to prevent a “no-deal” Brexit in October, however, Boris Johnson pledges not to ask the EU for the mandated extension.
Having lost the vote on the S024 motion to seize control of the order paper for Tuesdays business (which he deemed to be a confidence issue), it was of little surprise that the Benn bill passed through the Commons.
Boris Johnson has lost his first vote in the commons as PM.
Johnson is threatening members of his own party with removal of the whip if they vote against the government in today’s crucial proceedings.
Sterling has ended its mini rally, falling against the Dollar, but still gaining on the Euro as fever sweeps through the UK political classes.
It seems that the ploy of Matteo Salvini of the League (formerly the Northern League) to force a general election by bringing about the demise of the coalition between his party and the Five Star Movement has come to nothing.