Forex Fundamental Analysis

The UK formally informed the European Union of its intention to withdraw from the bloc by the transmission of a letter from the UK government to Donald Tusk.

The Eurozone consists of 19 states, all using the Euro. The benefits of the Euro to citizens travelling between states for business or pleasure are immediately evident.

As a businessman Trump claims to “live for the deal” and has projected a deal-closing persona that resonated with enough of the electorate to get him into the White House.

Last week was a negative affair for the world’s major markets with all major markets slipping over the previous week’s close.

Part of President Trump’s election campaign involved a pledge to repeal the Affordable Care Act, known popularly as “Obamacare”.

In the aftermath of the UK’s referendum vote which returned an unanticipated leave vote, the Bank of England acted to shore up sterling and confidence in the UK economy.

Last week was a broadly positive affair for the world’s major markets with only the Nikkei slipping over the previous week’s close.

As widely predicted, Janet Yellen announced that the Federal Reserve was raising its main interest rate by a further 0.25% increment.

Huge sighs of relief are being breathed at the European Commission and in establishment quarters in Germany and France at the outcome of the Dutch election which was held yesterday.

Dutch voters go to the polls today with Geert Wilders’ Freedom Party running on an openly anti-Muslim, anti-immigrant and anti-EU platform.

A bill to grant the government authority to issue notice to the EU of the UK’s intention to leave the bloc under Article 50 of the Treaty of Lisbon gained final approval in parliament yesterday.

Last week was a downbeat affair for the world’s major markets with only the Nikkei making gains over the previous week’s close.

The ECB’s asset purchasing scheme was designed to increase liquidity in the Eurozone economy and defibrillate inflation which had been flat-lining and threatening deflationary pressure.

The Chinese economy is the second largest in the world and it is a major exporting nation.

Following a decision from the UK’s Supreme Court, the government was required to get the approval of both Houses of Parliament to begin the "Brexit" process.