Forex Fundamental Analysis

Eurozone sentiment indicator ZEW retreated slightly to 35.6 for the month of June from 37.7 in the previous month.

Last week was a positive affair for the world’s major markets with all indexes making gains.

The Federal Reserve Chairman, Janet Yellen, said in her testimony in front of the Congress that the current economic path is expected to call for more gradual increments in the Federal Fund rates.

Markets will be focusing today, Wednesday, July 12, 2017, on a number of announcements scheduled on the economic agenda, which results usually moves prices.

Global currency revaluation is a divisive topic. For every expert predicting its inevitability, two more condemn it as impossible.

Last week marked the final trading session for June and Q2, this piece reports last week’s and the quarterly changes. Last week was a positive affair for the world’s major markets with only the Nikkei slipping.

The folly that is Brexit means that the UK will be turning its back on the trade deal signed between Japan and the EU in just 21 months (until then, British industry and exporters can exploit it to the max).

Loosely said, productivity is a measure of national output divided by the number of workers in productive employment.

In a week when it emerged that some foreign diplomats had been asked to determine just how likely they think it is that the UK will actually leave the EU, two British ministers are now urging the government to ensure that the UK remains a part of the EU drugs regulation apparatus.

Traditionally, people have always been encouraged to “save for a rainy day”, building up a financial reserve which can be used for a wide variety of reasons from covering emergency household goods replacement to paying for a daughter’s marriage.

Last week marked the final trading session for June and Q2 – of which, more next week. It was a negative affair for the world’s major markets.

The Bank of England is taking action against the threat of rising defaults by demanding that UK banks increase their liquidity to the collective tune of £11.4 billion over the next 18 months, with a provision of £5.7 billion required over the next 6 months.

Whilst the Bank of England interest rate is at a record low and mortgages have never been cheaper, the cost of personal finance remains significant.

The Italian government is bailing out two Venetian banks to the tune of €5.2 billion.

Last week was a mixed affair for the world’s major markets. The Dow ended the week up, just, by 0.05% to close at 21395. The Nasdaq composite index was up by 1.8% over the course of the week at 6265.3.