Mike Campbell | TalkMarkets | Page 4
British Scientist, Writer
Contributor's Links: Daily Forex
Dr. Mike Campbell is a British scientist and freelance writer. Mike got his doctorate in Ghent, Belgium and has worked in Belgium, France, Monaco and Austria since leaving the UK. As a writer, he specialises in business, science, medicine and environmental subjects.

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Japan’s Economy Posts Seventh Straight Quarterly Growth
The Japanese economy grew at a rate of 1.4% in Q3 (on an annualised basis). This marks the seventh consecutive quarter where the Japanese economy has expanded and represents the best period of growth in more than ten years.
Forex Week In Review - Tues. Nov. 14
Last week was a negative affair for the world’s major markets with all but the Nikkei losing ground. On the currency markets, the Pound enjoyed the best of the trading.
Businesses Leaders Urge Action On Transitional Deal
Lord Kerr, the architect of Article 50 to the Treaty of Lisbon, has again reiterated that the process can be stopped until the UK actually leaves the EU.
Trump Blames Japan But Exonerates China Over Trade
The rhetoric of all Trump’s utterances about trade seems to be based on the idea that the world’s largest economy is getting a raw deal from all its trading partners and he seeks to redress the balance on terms which he views as more favorable.
Two Speed Europe?
The ECB increased its growth forecast for 2017 to 2.2% which is the best Eurozone growth seen for a decade.
UK Interest Rate Rises
In what had been a long-foreshadowed move, the Bank of England took the first tiny step towards normalizing monetary policy on Thursday by making a 0.25% increase in its base lending rate.
Forex Week In Review - Monday, Nov. 6
On the currency markets last week, the Euro enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.3068 to the Pound, a gain of 0.32% on the week.
Eurozone Growth Comes In Ahead Of Expectations
It had been anticipated that Eurozone growth for Q3 2017 would come in at 0.5% over Q2. In the event, Eurostat have issued an initial evaluation of growth within the 19 states that use the single currency at 0.6%; a little above expectations.
ECB Takes Steps To Taper QE
The recovery in the Eurozone has been helped by the injection of cash into European markets via the European Central Bank’s “Quantitative Easing” activities.
UK Q3 Growth Likely To Trigger Rate Rise
An increase in the interest rate would bolster Sterling, partially offsetting the a degree of price inflation due to the higher cost of imported goods and materials, but would erode the advantage that UK exporters currently enjoy.
Forex Week In Review - Monday. October 23
On the currency markets last week, the Dollar enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.3178 to the Pound, a gain of 0.95% on the week.
The Last Week’s Trading Activities In Perspective
Last week was another positive affair for the world’s major markets with all making ground.
UK Service Sector Growth Picks Up
The service sector is able to access the EU single market without restriction; this could well change after Brexit.
UK Q2 GDP Figure Revised Downwards
There is pressure on the Bank of England to raise interest rates in a bid to choke off inflationary pressure. Increasing borrowing costs would normally be expected to dampen down economic growth with a potential to trigger a rise in unemployment.
Trump Unveils Major Tax Change Proposals
The headline announcement of Donald Trump’s plans to reform the US tax system (which few would defend as being anywhere near simple or perfect) is his plan to slash corporate tax from its current level of 35% to 20%.
Costs Of Brexit
Re-imposition of customs requirements after Brexit could mean that 130000 “new” companies would need to deal with customs. It is estimated that this new burden would represent a five-fold increase in customs declarations and workload.
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