Forex Fundamental Analysis

There was a poll in The Guardian newspaper that asked people that voted to leave the EU how much they would be willing to pay to secure Brexit.

There is a certain similarity between die-hard Brexit supporters and the proverbial ostrich reputedly hiding its head in the sand.

Last week was a mixed affair for the world’s major stock markets with US markets dipping whilst all the other major markets closed above the previous week’s mark.

Brexit means Brexit, as we all know. The UK (currently) intends to leave both the single market and the customs union after the end of a transitional period which will run from April 2019 until December 2020,

Figures released by the Office for National Statistics (ONS) show that the rise in wages over the last three months has outstripped inflation for the same period.

The Japanese economy has come to the end of its best period of sustained economic expansion since the 1980s.

Consumer spending in April was weak with like-for-like sales down by 4.2% on the 2017 mark for April with total sales seeing a 3.1% decline on the same period.

Last week was a positive affair for the world’s major stock markets with all the major markets closing above the previous week’s mark.

To nobody’s great surprise, the Monetary Policy Committee of the bank of England has decided to leave interest rates unchanged at 0.5%.

The running average for job creation for the months of January, February and March 2018 in the USA came in at about 208000.

It is understood that Argentina is in talks with the IMF for a supporting loan rumoured to be worth $30 billion to help during the reform process with the nation’s finance minister Nicolas Dujovne expected to travel to Washington to meet with IMF officials.

Political and economic analysts are focusing on little other than U.S. President Donald Trump’s decision to withdraw from the Joint Comprehensive Plan of Action (known in lay terms as the Iran nuclear deal).

With many central banks offering interest rates at or near record lows, traditional savers with money on deposit in commercial banks are having a torrid time with returns on investment

Last week was a largely positive affair for the world’s major stock markets with only the Dow closing down over the previous week’s mark.

The UK economy has gone from being the fastest growing economy in the G20 to the slowest.