Forex Fundamental Analysis

It may be hard to believe but it looks like the smartphone boom is about to go bust. According to market research group Gartner Inc., worldwide smartphone sales will increase by just 7% in 2016, a long way off the 73% growth the industry saw just six years ago.

Last week saw most of the major markets losing ground again, partially on worries over the fallout from a potential “Brexit”.

Those urging Britons to take a leap into the dark and dial-back the clock to a halcyon time that never was, continue to defy reality and are carrying with them a significant proportion of the British electorate.

As we continue to depend on oil for our energy needs, we tend to think that oil supplies will somehow never run out. But with oil prices moving up and down around $50 a barrel and talk of limited oil production intensifying there is no way to be sure whether fuel will continue to serve our energy needs for decades to come.

Any estimate of quarterly economic output is subject to revision as more comprehensive data becomes available, with the initial estimate the most prone to error.

The next meeting of the US Federal Reserve will be 14-15 June 2016; a shade more than a week before voters in the UK decide if the UK is to remain within the EU.

When you think about space exploration programs, the names that come to mind are Cape Canaveral and the International Space Station. You’d never guess Nigeria.

There has been increasing speculation that the US Federal Reserve will increase interest rates this month or next, but last month’s weak job creation data raised doubts about this.

Last week saw most of the major markets losing ground on the back of weaker than anticipated US economic data. Get the weekly analysis for June 6, 2016 here.

China has been silently rooting for Britain to stay in the EU. Until this past month, Beijing kept a low profile concerning Brexit but it now realizes that it has an important stake in the economic consequences of a “leave it” vote and it has come out in strongly in favor of the UK remaining as a member of the international organization.

The decision of the British people about remaining in the EU or leaving is now under three weeks away.

Uber, Uber, Uber. The name seems to be all over the place these days. So what is it all about? Uber Technologies is an online transportation company headquartered in San Francisco, California.

Unemployment across the 19 nations which use the Euro (the Eurozone) remained at an average figure of 10.2% in April.

The new global financial sheriff these days is not a bank president or the CEO of a security company. Appearing more and more in the headlines, the Organization for Economic Co-operation and Development (OECD) seems to be all over the place, issuing warnings of impending economic doom and heading up major campaigns on the tax front.

The Japanese Yen has surged against other major currencies following the confirmation that an increase in sales tax is to be delayed.