Forex Fundamental Analysis

A country is required to balance its books. Any shortfall between the tax revenue that a country has and public expenditure must be cancelled out by borrowing and the sum borrowed is then added to the public debt mountain.

The official remain campaign made some extravagant claims for the impact of a decision to leave the EU in 2016. Whilst there were some immediate and deleterious effects, notably the depreciation of Sterling, the apocalypse failed to turn up at once.

The end of March marked the end of the first quarter of 2018 which means that, about a month later, the initial estimates of quarterly (or annualised in the case of the USA) growth are emerging.

Last week was a mixed affair for the world’s major stock markets with US markets falling but all the others gained ground. It marked the final trading session for the purposes of these summaries

The fundamental problem with Brexit is that there never was a coherent plan as to what would happen if the British electorate did the unthinkable and voted to leave the EU.

Brexit seems little more at times than an orgy of slogans: Brexit means Brexit; Deep and special relationship; Take back control; Global Britain; and the famous No deal is better than a bad deal. Let’s take a moment to consider this last “position”.

It seems that everyone’s been talking about, thinking about and perhaps even panicking about the 10-year U.S. Treasury bond yields which touched above the 3 percent handle yesterday for the first time since 2014.

Concerns about the potential fallout (no pun intended) of Donald Trump’s potential withdrawal from the Iran nuclear agreement which (amongst other things) saw a lifting of international sanctions against Iran

The UK economy has not benefitted from the recent upturn in the global economy to the same extent as other highly developed economies as a result of Brexit uncertainty, according to the Governor of the Bank of England, Mark Carney.

Last week was another positive affair for the world’s major stock markets with all gaining ground.

In order to avoid a legal vacuum, the government is attempting to get a bill through parliament which would essentially subsume all EU law currently on the UK statute into British law, removing references to EU institutions and the ECJ.

The International Monetary Fund is predicting that the global economy will enjoy its best level of growth since 2011 this year.

In the UK, the official measure of inflation has been higher than the average increases in wages since February 2017.

China is the world’s second largest economy behind the USA. Its GDP is estimated at $11.9 trillion.

Last week was a positive affair for the world’s major stock markets with all gaining ground.