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Forex Fundamental Analysis
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Forex Fundamental Analysis
Forex Week in ReviewLast week was another positive affair for the world’s major stock markets.
One of the selling points of Brexit was that it would enable the UK to “cut EU red tape”, freeing UK businesses from an unnecessary administrative burden.
The Tory leadership campaign got underway in earnest on Monday with 11 MPs vying to replace Mrs May as leader of the party and Prime Mininster.
The German economy is the powerhouse of both the EU and the slightly smaller Eurozone (28 nations vs 19).
The remit of the United States Federal Reserve Bank is responsible for the conduct of the US’s monetary policy and is independent of political control.
Last week was a positive affair for the world’s major stock markets.
The International Monetary Fund (IMF) produces an annual report on the state of the world’s largest economy, known as an Article IV report.
The Eurozone now consists of 19 EU states which share the common currency, the Euro.
The Syriza government was swept to power as Greece was struggling with immense debts following the Global Financial Crisis and the European Sovereign Debt Crisis (which it was largely responsible for triggering).
Theresa May is due to resign as leader of the Conservative Party on Friday.
Last week was another negative affair for the world’s major stock markets. Friday marked the final trading session for May.
Until now, the trade wars that the USA has been fighting with various trading partners around the world have been designed to achieve trade-related aims, forcing their opponents to “level the playing field” as the Americans see it.
It has often been said that the economy is like a super-tanker, you can’t make a change and expect the course to shift immediately.
Theresa May became leader of the Conservative Party and PM when her predecessor, David Cameron, broke his word, saying that he was, after all, not the man to deliver Brexit, leaving front-line politics shortly after.
In a way, it was unsurprising that the ruling Conservative Party did badly in the European Parliament elections.