30 results
- 8 Dec 2017
CBN Should Cut Interest Rate in 2018 To Boost Investors' Confidence- Otunuga
Lukman Otunuga is a research analyst at FXTM. Prior to joining FXTM, Lukman spent two years as a research analyst with international currency broker FXCM, where he focused on technical and…
- 27 Apr 2016
Dollar Bears Rev as FOMC Looms- FXTM Analyst
The bearish sentiment towards the Dollar descended to new depths during trading on Tuesday following a slew of tepid data from the States which rekindled concerns over the health of the world’s…
- 31 Aug 2016
Recession: Don’t Stop Diversification Policy FXTM Analyst to FG
An undeniable feeling of disappointment engulfed the Nigerian economy on Wednesday following the 2.06% contraction in the second quarter GDP which confirmed that the nation had descended into a…
- 3 May 2017
FXTM Analysis: Brexit Bill Strikes Again
FXTM Research Analyst Lukman Otunuga comments on the Sterling ahead of official Brexit negotiations, and today’s Federal Reserve meeting. Sterling was unsettled during Wednesday’s trading session…
- 16 May 2017
FXTM Analysis: Financial Markets Seeking Inspiration
FXTM Research Analyst Lukman Otunuga comments on the current moods of Sterling, WTI and Gold. An eerie calm shrouded the financial markets last week, with global stocks floating near record highs as…
- 11 Apr 2017
FXTM: Geopolitical Risks Leave Markets On Edge
FXTM Research Analyst Lukman Otunuga comments on the explosive combination of Dollar strength and risk aversion & its effect on Gold. Global stocks were mixed during trading on Monday, with…
- 24 Jan 2017
FXTM Analysis- Trump Fueled Dollar Rally Falters
FXTM Research Analyst Lukman Otunuga comments on a depreciating Dollar from the persistent Trump uncertainties has played a key part in the GBPUSD’s sharp rebound with further upside expected in the…
- 4 Mar 2017
FXTM Analysis: Pressures On The ‘Yellow Metal’
FXTM Research Analyst Lukman Otunuga comments on the pressures on the yellow metal, while a strengthening Dollar continues to cap upside gains. Global stocks were pressured during Friday’s trading…
- 27 Apr 2017
FXTM Analysis: Sterling, Trump & Gold In Focus
FXTM Research Analyst Lukman Otunuga comments on Sterling ahead of the UK general election and Trump’s anticipated “phenomenal” tax reforms and the Dollar. The Brexit-related jitters may return…
- 6 Feb 2017
Sad! Value of Naira Determined by Forex 'Black' Market- Otunuga
An economic research analyst has bemoaned the inability of the Central Bank of Nigeria to contain the free fall of the Naira in the currency market. Lukman Otunuga, a research analyst at Forex Time…
- 25 Apr 2017
FXTM Analysis: French Election Relief Rekindles Risk Sentiment
FXTM Research Analyst Lukman Otunuga comments on the potential market effects of the forthcoming French presidential elections. Financial markets received a solid boost during early trading on…
- 4 Jul 2017
FXTM Analysis: Is Market Volatility Making A Return?
FXTM Research Analyst Lukman Otunuga comments on Asian stock movements, following rising US – China tensions over North Korea. Asian stocks concluded lower on Tuesday while European equities…
- 19 May 2017
FXTM Analysis - Trump Becomes Gold's Best Friend
FXTM Research Analyst Lukman Otunuga comments on Gold amidst Trump uncertainty. Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty swirling around Donald…
- 9 Mar 2017
FXTM Analysis - Sterling Depressed Ahead of UK Budget
FXTM Research Analyst Lukman Otunuga comments on heightened investor anxieties ahead of the UK Spring Budget speech. Sterling bears were unleashed during Wednesday’s trading session, with the GBPUSD…
- 5 May 2017
FXTM Analysis: Sterling, Euro and Dollar In Focus
FXTM Research Analyst Lukman Otunuga comments on Sterling, Euro and Dollar. Asian stocks retreated on Thursday following the mixed cues from Wall Street overnight, after the Federal Reserve signaled…
- 6 Apr 2017
FXTM: Markets Enter Q2 On a Mellow Note
FXTM Research Analyst Lukman Otunuga comments on the Greenback cruised into the second quarter of 2017 with style as bulls propelled prices towards 100.60 amid the positive sentiment towards the U.S…
- 21 Apr 2017
FXTM Analysis: It’s All About the Euro
FXTM Research Analyst Lukman Otunuga comments on the Euro’s mood ahead of the first round of the French Presidential elections. The Euro was elevated to levels not seen since March 2017 at 1.0777…
- 11 Feb 2017
FXTM to Launch New Solution for Online Traders in Nigeria- Otunuga
2017 is set to be another busy year for Forex Time (FXTM) and traders using the platform in Nigeria. Speaking on what FXTM plans for Nigerian traders in 2017, Lukman Otunuga, research analyst at FXTM…
- 20 Oct 2019
Expert causions Nigeria on Adherence to its Oil Cap
Lukman Otunuga, senior research analyst at FXTM, an award-winning international forex broker has described Nigeria’s 2020 revenue targets as highly optimistic if the country could maintain its…
- 25 Sept 2016
Reasons Naira May Hit N500 to $1 Before Year End- Otunuga
Lukman Otunuga, a research analyst at FXTM a keen follower of macroeconomic events, with a strong professional and academic background in finance, has once again predicted that certain external and…
- 22 Aug 2018
GDP Growth in Nigeria Still Remains in Diversification - Otunuga
Lukman Otunuga is a research analyst at FXTM. A keen follower of macroeconomic events, with a strong professional and academic background in finance, He is well versed in the various factors…
- 28 Jun 2017
FXTM Analysis: The Dollar Sinks while Euro Remains Supported
FXTM Research Analyst Lukman Otunuga comments on the IMF’s US growth forecast and the Euro. The last remnants of the once phenomenal Trump rally were thoroughly crushed on Tuesday after the…
- 21 Mar 2017
FXTM Comment: Sterling Pressured After Article 50 Date Confirmed
FXTM Research Analyst Lukman Otunuga comments on the recent reports confirming that Theresa May will be triggering Article 50 on the 29th of March. Dollar weakness has encouraged bullish investors to…
- 17 May 2017
FXTM Analysis: UK Inflation Accelerates in April, Sterling Sinks
FXTM Research Analyst Lukman Otunuga comments on UK inflation and the current moods of Sterling, Euro and Dollar. Sterling tumbled lower on Tuesday following reports of UK consumer prices jumping to…
- 25 Mar 2017
FXTM Comments: Markets Tense Ahead of Delayed Healthcare Vote
FXTM Research Analyst Lukman Otunuga comments on in times of unease, Gold remains a trader’s best friend and such was displayed on Thursday when the metal punched above $1253. The mounting…
- 26 Jul 2016
Analysts React to CBN New MPR, Falling Naira
Mr. Lukman’ Otunuga, research analyst of FXTM, said the global markets received with shock the Central Bank of Nigeria’s decision to increase the monitory policy rate from 12 to 14 per cent. Otunuga…
- 18 Nov 2020
Free Naira Floating will Hurt Consumers, Expert Warns CBN
Mr. Lukman Otunuga, senior research analyst at FXTM Global, has warned that free float of the naira will hurt consumers at this time. Mr. Godwin Emefiele, CBN governor This is coming as the Central…
- 13 Apr 2017
FXTM Analysis: Political Tensions Across Globe, Knock-On Effect On Markets
FXTM Research Analyst Lukman Otunuga comments on ongoing political tensions across the globe and their knock-on effect on markets. Ongoing geopolitical tensions across the globe and heightened…
- 2 Oct 2019
What the Recent Oil Disruption Means for Nigeria
By Lukman Otunuga, senior,Research Analyst,FXTM The unprecedented Oil disruption in Saudi Arabia in September shocked the markets and triggered multiple financial reactions for investors across the…
- 14 Feb 2019
Nigerian Stock Markets Shrug Political Risk, Naira Steady
By Lukman Otunuga, FXTM Research Analyst The Nigerian equities market has repeatedly displayed resilience against both external and domestic risks since the start of 2019. Global growth concerns,…