FULL FUNDAMENTAL ANALYSIS for W/c 23rd March 2015

Here is this weeks full fundamental analysis which should help traders prep up:

The FOMC finally dropped their 'patient' phrasing from their press release last week but were slightly more dovish than expected when they said that they want to see improvements to inflation and also unemployment data before lifting rates. This did allow the EUR and GBP to spike in benefit to the dovish tones. Market analysts do still expect that we will see a hike this year which could happen as early as July.

The SNB Kept rates on hold so the CHF strengthened - this was in light of the fact that the SNB have threatened to intervene with the strong CHF and the markets had therefore expected a rate cut.

Elsewhere, BOE Dove Haldane suggested that we may need to see a rate cut on the GBP as it faces potentia; deflation for the first time in 50 years.

THIS WEEK:

This weeks focus will be on the UK CPI on Tuesday where we hope to see some further indication as to the seriousness of the deflation risk, as well as any further developments with the Greece and Eurozone situation. Things were looking better last week but as present Greece face a potential forced exit from the Eurozone bevause if nothing drastic changes they will run out of money early April.

Have a good week all.

Video Analysis:

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