Mike Campbell | TalkMarkets | Page 17
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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G20 Backs UK Status Quo
It is fairly unusual for nation states to comment on domestic decision making in other countries, but for the second time in recent history, external powers seem keen to voice their opinion on what the British people should decide in a referendum.
UK Q4 2015 Growth Confirmed
The UK economy expanded at a rate of 0.5% in Q4 2015, data released by the Office for National Statistics has said, confirming the original estimate.
IMF Cautions About Global Vulnerabilities
The IMF cautioned that global growth “could be derailed by market turbulence, the oil price crash and geopolitical conflicts”. They trimmed global growth forecasts to 3.4% for this year and 3.6% next.
Fed To Keep A Weather Eye On Global Economy
In a speech to Congress, Ms Yellen noted that the US economy could be harmed by global conditions, implying that the impact of further interest rate increases would be weighed against not simply the narrow concerns of the US economy alone.
Let The Games Begin
Sterling has weakened against the Euro and has fallen to its lowest level against the Dollar since 2009 as investors fret about the decision and the potential ramifications of a “Brexit”.
Forex Week In Review - 2/22/2016
Last week again saw all of the major markets regain some ground and the oil price continued to soften – but above the $30 mark and with reduced volatility.
Venezuelans Buck The Trend And Pay More For Petrol
Venezuelans enjoyed some of the cheapest petrol prices in the world, now they are going to have to deal with a whopping 6000% rise in pump prices.
Draghi Strives To Steady The Ship
Draghi’s remarks were seen as a thinly veiled promise that the ECB will strengthen its monetary stimulus policy in March when the bank next meets. In the face of further monetary easing, the Euro slipped by nearly 1% against the Dollar.
Japanese Economy Contracts In Q4
The Japanese economy shrank by 0.4% in Q4 2015, however, initial reports for Q3 reported a shrinkage of 0.8% which was revised to an expansion of 1% upon receipt of more comprehensive figures.
Forex Week In Review - 2/15/2016
In Europe over the course of the week, the FTSE was down by 2.4%, it closed at 5707.6; the Dax ended at 8967.5, down by 3.4% on last week’s close; the CAC was down by 4.9% to end the session at 3995.1.
UK Trade Gap In New Record
The nation imported £125 billion more worth of goods than it exported to the rest of the world, an increase of £1.9 billion and more than previously anticipated.
Fed Warns Of Worsened Financial Climate
Unsurprisingly, given the chilly start to this economic year, the Federal Reserve would not seem to be keen to continue with its policy of moving interest rates back towards historically normal levels.
US Job Creation Sub-Par?
Unemployment is well below the high-water mark of 10.8% seen in 1982 and the peak of the Global Financial Crisis where it flirted with the 10% level in late 2009. Currently, approximately 7.8 million Americans are regarded as being unemployed.
Forex Week In Review - February 8, 2016
Last week saw all of the major markets lose ground and the oil price partially relinquish earlier gains. Unconvincing US job data sent markets lower at the end of the week, adding to losses.
TPP Moves To Ratification Phase
A controversial trade agreement, the Trans Pacific Partnership, has been agreed by the trade ministers of its twelve constituent countries and now moves to a ratification process in member states.
Eurozone Unemployment Eases
Unemployment both within the Eurozone and the rest of the EU is very patchy ranging from over 20% in Spain and Greece still to a low of 4.5% in Germany and the Czech Republic.
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