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 a much better one for the world’s major stock markets with all indices recovering ground over the course of the week. In Europe, the FTSE was up by 3.47%, closing above the psychologically important 5000 point barrier at 5161.9; the CAC put on a healthy 4.1%, closing at 3799.61; the Dax closed up by an impressive 4.46% at 5711.88.
It was inevitable that a time of reckoning would come when the costs of the financial support packages and stimulus measures would need to be calculated by the US Congress. With loss of tax revenues from those who had been made unemployed by the global recession, payment of higher unemployment benefits and people tightening their belts to be factored in as well, it was little surprise that the deficit broke all records
Gold rose to new record levels yesterday, touching $1043.77 before closing at $1017.65 in London last night according to data from the Financial Times. The strength of gold is due to a number of factors acting in concert.
The International Monetary Fund (IMF) has revised its forecast for the cost to the banking sector, stemming from the global economic crisis.
The Chairman of the Federal Reserve has been stating his view that the US economic recovery is underway for some time now.
Figures released yesterday, show that Japan is in a deflationary phase. For the sixth consecutive month, consumer prices have fallen in the world’s second largest economy.
Economic parameters vary with great speed over the course of a trading day. For this reason, it is useful to look at data over a slightly longer term to gain an insight into any trends that might be emerging which can be exploited for your investment strategy.
Japan recently joined the post recession club with the likes of France, Germany and New Zealand. Yet, figures just released for Japanese exports in August showed that they were down by 36% on the previous year’s level.
If you are a European tourist, America is the best value for money that it’s been for more than a year right now.
Ahead of the Pittsburgh meeting of the group of 20 strongest economies (G20) later this week, speculation has been raised that leaders will call for changes as to how the world’s economy should run.
According to The Bank of England, Sterling may become a long term victim of the recession, settling at a lower level than other major currencies (of course, this has all the hallmarks of a self-fulfilling prophesy).
With the exception of the Nikkei, all of the world’s major stock markets gained ground over the course of last week, continuing the trend of the previous week. In Europe, the FTSE put on a further 3.2% of its value, closing at 5172.9; the CAC gained 2.5%, closing at 3827.8; on the back of the previous week’s strong gains, the Dax still managed to close up by 1.4% at 5703.8.
The world’s second largest economy is powered by exports to the rest of the world. When the misery of recession settled on the global economy, it tended to hit exporters worse than home-based manufacturers. For the Japanese, there is also the complication stemming from their long-running zero interest rate policy to be added to this.