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
In light of the expected elections in Japan in December, we thought it would be beneficial to revisit the consequences of a possible change to the country’s inflation policy. Get the fundamental analysis here.
All of the world’s major markets ended the week up strongly, despite the fact that Greece is still waiting for a decision on its bailout and the EU could not come to consensus over the EU budget demands set by the Commission. Get the fundamental analysis here.
Strictly speaking, the latest Markit Eurozone Purchasing Manager’s Output index shows that output within the bloc showed a contraction with the index slipping from 45.8 to 45.7 for October, but it is kinder and more upbeat to regard it as a stagnation when compared to the previous survey.
Figures just released show that Japan’s exports to the rest of the world have fallen for a fifth consecutive month. See what this means for the Yen here.
EU finance ministers were unable to seal a deal on the release of the next tranche of EU/IMF bailout funding, despite 12 hours of discussions in Brussels yesterday. The finance ministers still have some technical details to iron out and will reconvene on Monday.
After a week fraught with uncertainty – will Greece got their desperately needed money or won’t they? – the answer investors have been waiting for appears to be a firm maybe.
The role of the credit ratings agencies is to provide investors with a realistic evaluation of the risk of their getting their fingers burned if they invest in a specific debt vehicle; be it a sovereign debt vehicle or a commercial one.
Stock markets in Europe and the US ended the week lower, but the Nikkei gained ground in the aftermath of an agreement which saw opposition support to avoid a “fiscal cliff” in return for a snap general election. Get the analysis here.
Figures released from the EU’s statistical office, Eurostat, show that the Eurozone bloc has slipped back into recession. The 17 member group saw its economic activity contract by 0.1% in the third quarter, following on from a contraction of 0.2% in Q2.
The Japanese Prime Minister, Yoshihiko Noda, has announced his intention to call a snap general election – if measures on voting reform and a financial bill gain opposition support.
Japan is the world’s third largest economy and a leading exporting nation to the rest of the world. Given that the world economy is slowing and demand is falling, therefore, it is not surprising that an exporting nation would be suffering.
The U.S. Presidential election is now a mere memory, and there is a near certainty that the U.S. Dollar is likely to continue to depreciate (or at least fail to strengthen) under one of the loosest monetary policy regimes in the developed world.
The Greek parliament endorsed Greece’s fourth austerity package in the last three years when the budget was passed on Sunday.
All of the world’s major stock markets ended the week lower with worries about the weakness of the Eurozone economies and the US fiscal cliff deadline prevailing. See how the markets did with this fundamental analysis to start your week with.
The European Commission (EC) has radically cut back its growth projection for 2013. See how this may affect the FX market here.