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
Global Equity Markets had another positive day on Wednesday. In the overnight, the Asia session finished lower as China raised yields on their Bills in attempt to curb quantitative easing measures. T
With positive economic reports coming from New Zealand showing the trade deficit declining more then market expectations, boosted traders confidence that a strong New Zealand dollar was not severely impacting the New Zealand economy as previously thought.
The NIKKEI and HANG SENG pushed higher for a third straight session, as automakers lead the way on better than expected sales. In Europe and the U.S, equities were mixed across the board.
Much concern has been expressed about the UK’s level of personal debt. The debt is largely racked up on credit cards, through unsecured loans or on bank overdrafts. One consequence of the global recession has been that money on deposit has earned almost no interest – this was intentional on the part of the authorities as a measure to boost consumer spending and to make “cheap” money available to the business community.
2010 got off to a roaring start on Monday as Global Equity Markets surged on positive Manufacturing data in China and the U.S. On Wall Street, the DJIA gained 1.5% to close at 10,583.96 while the S&P 500 and NASDAQ were up 1.6% and 1.73% respectively
London and other major markets around the world have decided to greet the New Year with optimism, pushing markets to levels not seen for close on a year and a half. The FTSE index closed at 5500, a sixteen month high.
Global Equity Markets finished off the last session of 2009 mixed across the board. Nearly 2.5 times the number of shares were traded on the big board New Years eve as compared to Christmas eve, as traders capped off an explosive year.
Last month saw all of the major stock markets closing higher compared to the where they stood at the beginning of December. December also marked the end of Q4 2009 and, again, all the markets saw growth during the quarter.
France was one of the first developed nations to emerge from recession following the global financial crisis. Helped by financial stimulus measures that the government of Nicolas Sarkozy put in place, France returned to growth in the second quarter of 2009. However, the French National Statistics office (INSEE) has been counting the cost and has announced that the French level of debt has risen to its highest level, 76% of GDP as a result of the measures.
The UK is estimated to have some 5 million small businesses many of whom will have felt the chill winds of the global recession. A major consequence of the loss of confidence, stemming from some disastrous and bizarre lending decisions from many major financial institutions that triggered the global crisis, was that many “solid” borrowers have found it very hard to secure business loans.
In the overnight session, the Nikkei fell by almost a percent amid concerns that Japan Airlines may be headed for bankruptcy. This follows a rather flat day on Wall Street as the DJIA closed down 1.67 points, to 10,545.41, marking its first loss in 7 sessions.
For the ninth consecutive period, figures for Japanese factory output have strengthened, from their disastrous position at the heart of the global economic storm. Japan is an exporting nation and demand from importing nations is improving; most notably in Asian markets.
Last week saw all of the major stock closing somewhat higher compared to the previous week’s closing figures. In Europe, the FTSE made almost 1% of its value, closing at 5372.4; the CAC made nearly 1.7% over the previous week’s close, one ending the abbreviated week’s trading at 3910.75; the Dax closed up by 2.4% at 5957.44.
Just yesterday, we were reporting that November housing data were the best figures for two years and that members of the US National Association of Realtors were feeling quietly confident. Well, as they say, that was yesterday.
The Dollar continues to strengthen as global economies show signs of bottoming after surviving the financial crisis that has gripped the markets for the last 2 years. The DXY closed yesterday's session at 78.25. The NZD yielded the most to the Greenback, giving up .82% while the CAD gained 0.45% as the Canadian economy continues to show signs of strength.