Forex Fundamental Analysis

Inflation in the UK (measured by the Consumer Price Index) picked up from 0.6% in August to stand at 1% last month, making it the biggest monthly price hike seen since June 2014.

“Brexit means Brexit” we have been told repeatedly since Theresa May became PM, but, as they say, the Devil is in the details.

The world’s major markets were trading mixed yet again last week.

Speaking to a meeting of policymakers in Brussels on Thursday, Mr Tusk poured iced-water on the nonsensical utterings of Britain’s Foreign Secretary, Boris Johnson, that the UK could “have its cake and eat it” in reference to a post-Brexit relationship with the EU.

There is growing disquiet on the back benches of the ruling Conservative party that the PM is taking the nation down a path to a “hard Brexit” which would sever all ties between the EU and UK, see the UK leave the single market, European Court of Justice and, possibly, the European customs union.

The UK referendum was hardly the nation’s greatest hour as the “debate” was fuelled by lies and exaggerations, to an extent on both sides, but mainly from Leave.

With the intense focus of many interested in economic fundamentals being on Brexit and what Gibbons would surely have dubbed “The decline and fall of the Pound Sterling”, one could be forgiven for forgetting that next month will see the US Presidential election.

The world’s major markets were trading mixed again last week.

The International Monetary Fund was set up in the aftermath of World War II and currently has a membership of 189 of the world’s 195 nations.

Ignorance abounds about the consequences of the UK’s decision to leave the EU.

Speaking ahead of the Conservative Party Conference the UK Prime Minister, Theresa May, announced the government’s intention to Trigger Article 50 of the Lisbon treaty which would start the two year process of leaving the EU by the end of March 2017.

Friday’s trading session marked the final trading session in Q3 and the month of September, the quarterly data will be presented next week. It is the first quarter since the UK’s decision to leave the EU was taken. The world’s major markets were trading mixed last week.

The price of crude oil collapsed from $139, in June 2008, (before the worst of the Global Financial Crisis really hit) recovering to $125.9 (June 2011) before the current crash in oil prices took it down to $36.67 this February.

The World Trade Organisation (WTO) is based in Geneva, Switzerland and was established in 1995 as a successor to GATT (General Agreement on Trade and Tariffs).

If the Global Financial Crisis taught us anything, it was surely that “confidence” is the life-blood of modern capitalism.