Forex Fundamental Analysis

Nobody is yet sure what the direction of US economic policy will be under President Trump. During the campaign, he made strident “America first” protectionist noises and has been notably belligerent towards China, but getting elected and running the country are two different matters.

At the end of the week, the world’s largest economy inaugurated Donald Trump as its president, ushering in a phase of economic uncertainty as the world waits to see if his actions live up to his protectionist rhetoric.

The European Central Bank acts, as the name implies, as a central bank for nations using the Euro as their national currency.

The only world leader to openly applaud Brexit is Donald Trump which perhaps says all that needs to be said on the subject.

After months of “Brexit means Brexit” and talk of “the best possible deal for Britain” etc, the UK Prime Minister finally put a little anorexic flesh on the bones of the UK’s post Brexit relationship with the EU.

Tuesday will see what is being billed as a major speech about Brexit from UK Prime Minister which is expected to signal a near total rupture of the existing UK-EU relationship, but more on that once we know what she has actually said.

Last week was the first full trading session of 2017. The markets were mixed with the Dow and Nikkei closing lower.

The German economy is the largest in the EU and, therefore, the Eurozone, so the fact that its economic growth picked up over the course of last year can only be considered to be good news.

Donald Trump will be sworn into office as the President of The United States in nine days.

Prime Minister Theresa May has endured tremendous difficulty in the first week of 2017. For starters, she signaled that her government’s priority is to tighten the reins on immigration and centralize regulation in the United Kingdom.

Conventional economic wisdom suggests that a little inflation is desirable in an economy, but too little or too much is not.

If things go to plan, Mrs May will invoke Article 50 of the Treaty of Lisbon by the end of March – less than 80 days from now.

Last week was the usual twilight affair for the major world’s markets as many were still partly on holiday and trading volumes were low. In Europe over the course of the week, the FTSE was up on last week’s close by 0.94%, it closed at 7210.1 making 14% over the year and 1.4% in Q4.

Nonfarm payroll numbers showed the creation of 156,000 in December 2016. Federal Reserve Chair has commented that the economy needs to see only 100,000 new jobs per month to keep up with the growth in the work-age population.

The headline promise of Thatcherism was to turn the UK into a home owning, share owning Utopia where the much beleaguered average man could share in the benefits of capitalism.