Forex Fundamental Analysis

At its heart, the European Union is a democratic body with its 28 Member States directly electing representatives to the European Parliament which meets in Strasbourg and Brussels and has the power to ratify or decline legislation proposed by the European Commission (EC).

The UK economy today is dominated by the service sector and it has enjoyed two years of growth, helping to make the UK economy one of the fastest growing developed economies in the world.

Russia finds itself in a double bind. It is subject to a number of sanctions from the European Union, USA and other trading partners over what they perceive to be undue involvement in the affairs of another sovereign state, Ukraine.

November has just ended and oil prices appear to have reached rock bottom. West Texas Intermediate crude futures are below $65 for the first time since May 2010 and the decline is turning out to be the worst since the collapse of the financial system in 2008.

The Japanese economy is the third largest in the world behind the USA and China and the nation’s GDP is roughly worth $5 trillion.

Last week was again largely positive for the major markets with only the UK’s FTSE losing ground. It marked the final trading session of November 2014.

Consumers await Black Friday months in advance and make plans to be at the head of the crowd at their favorite department store. Some stores open their doors at midnight, others at 6:00 am. For shoppers, it is an opportunity to cash in on the biggest bargains of the year.

The German economy is the largest within the Eurozone bloc and the wider EU and is often described as the powerhouse of Europe.

Initial estimates of economic growth are usually based on partial economic data such that they can be released promptly.

Markit Global Business Outlook Surveys were started during the Global Financial Crisis in 2009 and involve input from more than 6000 companies from all over the world.

Last week was again largely positive for the major markets with only Japan’s Nikkei losing ground. Get the analysis for November 24, 2014 here.

Alibaba Group Holding Ltd. is China’s, and probably the world’s, biggest online commerce company. Millions of users as well as businesses and suppliers use their three main sites — Taobao, Tmall and Alibaba.com.

Mark Reckless became the United Kingdom Independence Party’s (UKIP) second elected MP when he won the Rochester and Strood by-election last night with a majority of 2900, having won the support of 42% of the vote.

The Japanese Prime Minister, Shinzo Abe, has announced that parliament will be dissolved on 21st November and a snap general election held.

The bloc of 18 nations which use the single European currency, the Euro, as a whole managed to deliver meagre economic growth in the third quarter of the year, coming in at 0.2%.