Forex Fundamental Analysis

Last week was a negative affair for the world’s major stock markets with all markets falling except for the FTSE which was unchanged.

The irony of Brexit is that its proponents claimed, amongst other things, that they wanted to restore sovereignty to the UK

The EU Parliament has narrowly elected the first female to lead the European Commission as its president.

The Office for National Statistics has revealed that wage growth for the year to May came in at 3.6%, making it the best increase since the Global Financial Crisis was in swing in 2008.

The rate of expansion of the Chinese economy, well, officially at least, has declined to the lowest level seen in nearly 30 years.

Last week was a mixed affair for the world’s major stock markets with markets in the USA rising on the prospect of a rate cut whilst the other majors fell back.

The astounding thing about Brexit is that politicians who support in and those in government seem to be deaf to the concerns of business and economic experts about the negative impact that it will have on the economy

Under its leader Jeremy Corbyn, the opposition Labour party, has tried to appeal to both sides of the Brexit divide, but it was always a policy doomed to fail.

Syriza was a coalition of left-wing parties which has ruled Greece since 2015 when the patience of the Greek people with the nation’s traditional parties wore out.

Last week was a positive affair for the world’s major stock markets with markets reacting well to news of the resumption (for now) of US-China trade talks on the back of the G20 meeting.

An outcome of the recent G20 summit in Osaka, Japan was that the US and Chinese presidents, Donald Trump and Xi Jinping, have agreed that trade talks between the two nations aimed at resolving their trade war will reconvene.

According to the latest IHS Markit and Chartered Institute for Procurement and Supply (CIPS) survey, the UK economy is heading for a contraction when the quarterly data is released by the Office for National Statistics.

With the election of a new European parliament, the mandates of the Presidents of the European Council and the European Commission are coming to the end of their terms.

The idea (well…) behind Brexit was that it would free the UK from Brussels’ bureaucracy and allow it to strike free trade deals with nations all over the world.

The final trading session for the week marked the end of the month and Q2 of 2019. This summary provides the weekly and monthly data.