Forex Fundamental Analysis

Last Friday marked the final session for April from the perspective of these summaries. All of the major markets closed higher.

Figures just released show that the government’s borrowing (to meet the deficit between the nation’s receipts and its expenditure) in March fell to £7.4 billion.

The difference in value between what a nation exports and what it imports is its balance of payments. Japan’s economy is the third largest in the world and the nation is one of the world’s strongest exporting nations.

Nobody is exactly sure when the Greek government will run out of cash to service its obligations – not just loan repayments, but the other cash requirements of a modern nation for public salaries and pensions, imports and so on.

The Ernst and Young ITEM Club has been producing economic forecasts for the UK economy for 25 years.

Last week saw all of the world’s major markets losing ground, partially, over concerns about the looming Greek debt crisis and its potential ramifications for the Euro. Time for a deal is running out and there are no signs that a solution is imminent.

Ask any consumer if they are worried about falling prices and they will give you a bemused smile and say “no”. In the experience of most of us, falling prices are only ever a transient effect, a pleasant and fleeting surprise.

Even the Greek government accepts that without help from its Eurozone partners, it will be unable to meet all of its obligations.

The International Monetary Fund (IMF) is suggesting that global trade will see “modest growth” over the course of 2015.

The rise to dominance of China, in economic terms, is based on the strength of its exports to the rest of the world.

Last week was a positive one for the world’s major markets with all of them ending the week higher. Get the review for April 13, 2015 here.

Like most central banks, the Bank of England is independent of the national government and plays a critical role in determining interest rate policy which can affect inflation and the money supply to the business community.

The latest Markit Purchasing Managers’ Index (PMI) for March suggests that the sector is expanding at its fastest rate since last August.

The Syriza party swept to power in Greece’s general election at the end of January on a raft of promises to roll back austerity; end Greece’s “humanitarian” crisis; and see half of the nation’s debts written off.

Last week was a mixed affair for the world’s major markets on a trading week foreshortened by the Easter holidays.