Forex Fundamental Analysis

Japan remains the world’s third largest economy behind that of the USA and China, but it continues to have to deal with anaemic economic growth, the negative consequences of a “safe haven” currency and broadly stagnant or declining prices.

The dry temperatures and the lack of rain at a critical time has hurt coffee crops in Brazil, the world’s top coffee bean grower and has sent prices of the commodity zooming to record high levels.

About the only telling blow that the “Brexit” campaign which hopes to see the UK turn its back on the world’s largest single market and go it alone, is to have stuck the descriptive “Project Fear” on their opponents efforts: it is all a giant conspiracy.

Are oil prices heading back up? After months of hitting record lows, the black gold seems to be making a comeback.

Last week was better for the world’s major markets with only the US markets slipping. Get the fundamental analysis for the week of May 16, 2016 here.

With all the hype surrounding the current presidential candidates and what they can and cannot offer the American citizens, hardly a word has been said about the existing national debt.

Mark Carney, Governor of the Bank of England, has drawn the ire of the various “Leave” campaign groups by having the temerity to suggest that the UK could fall into a technical recession if the nation decides to cease its membership of the EU in next month’s referendum.

The referendum vote for a Brexit is a mere 5 weeks away and campaigning on both sides has already begun in earnest.

The dominant term in the UK economy has long been the service sector, but industrial activity remains an important component.

The disappointing economic growth rate in Australia is taking its toll and the Reserve Bank of Australia may be forced to lower interest rates to below zero sometime soon.

France still has the second largest economy within the Eurozone, but it has struggled in the aftermath of the Global Financial Crisis.

Major oil-producing countries in the Middle East seem to be heading in different directions when it comes to dealing with current depressed oil prices and overstocked crude buildups.

Data from the US Department of Labor suggests that the world’s largest economy created 160000 new jobs in April.

Nature has its own way of taking over where man fails. And so too when it comes to oil prices. Oil in Canada has dropped precipitously over the last few years and despite unsuccessful efforts taken by the government to turn them around, it took an out-of-control intense fire in Alberta to send oil prices soaring.

Last week was another negative affair for the world’s major markets. Get the fundamental weekly analysis for May 9, 2016 here.