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.
Most Recent
The Eurozone refers to the 19 EU members that share the common currency of the Euro.
A new phrase has slipped into the political lexicon which is used to deny a statement or report which contradicts the government’s own position: “we don’t recognise that…”
Last week was a mixed affair for the world’s major stock markets with only the US indices making any real ground. Friday’s session marked the end of January for the purposes of these summaries.
Top Forex Brokers
The UK’s EU partners have made it clear that not only would a reversal of Brexit be possible, should the nation change its mind, but it would also be warmly welcomed.
The level of official unemployment in the UK has remained unchanged at a 42-year low of 4.3%.
Donald Trump’s pick to replace Janet Yellen as the chairman of the Federal Reserve, Jerome Powell, has secured Senate approval.
A deadline for the US Senate to pass a budget that would keep the US public sector working came and went on Friday at midnight.
Last week was a positive affair for the world’s major stock markets with only the FTSE losing ground.
Heavy industry in the UK, steel making, mining, ship building, mass car production etc was once a mainstay of the UK economy.
Bonuses & Promotions
There has been considerable discussion in the UK about whether or not the country must leave the EU having signalled its intention to do so by issuing notice under Article 50 of the Treaty of Lisbon.
Despite crisis talks with government over the weekend, a major UK-based construction concern, Carrilion, has ceased trading with outstanding debts estimated to be £1.5 billion.
Last week was a mixed affair for the world’s major stock markets with the Dax and Nikkei slipping back.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Without a doubt, leaving the European Union and altering the vast sections of the UK statutes that are impinged upon by the UK’s 43-year membership of the bloc is the most significant event
The UK manufacturing sector contributes 19% to UK GDP, so it remains a significant activity despite the loss of heavy industry seen since the 1970s.
The World Bank expects growth to peak in 2018 at 3.1% before easing slightly next year.