24 results
- 26 Feb 2018
United States Dollar struggles ahead of Jerome Powell’s Congress testimony
The recent forex analysis has shown that Dollar is under threat to losses once again, with the Greenback at time of writing currently trending lower against all of its G10 counterparts, with the…
- 26 Feb 2019
Nigeria Waits for Complete Election Results
By Lukman Otunuga, FXTM Research Analyst Whatever the outcome of Nigeria’s presidential election, it will certainly have an impact on investor sentiment. Foreign investors need to see Nigeria…
- 6 Oct 2020
Pendulum Swings in Favour of Risk as Trump Leaves Hospital
By Lukman Otunuga, Senior Research Analyst at FXTM, The sentiment pendulum swung deeper into “risk-on” territory on Tuesday morning after President Donald Trump’s departure from hospital soothed…
- 29 Oct 2019
Nigeria on Bumpy Road to Recovery; Foreign Exchange Reserves in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, The Nigerian economy still remains on a rocky road to recovery in the face of depressed oil prices, US-China trade uncertainty and fears over…
- 19 Feb 2021
Stocks Continue to Wane Amid Higher Yields
By Han Tan, Market Analyst at FXTM Global risk sentiment remains poor, as investors continue contending with this week’s surge in Treasury yields, with 10-year yields above the psychologically…
- 20 Aug 2019
Global risk sentiment revived by stimulus hopes…but for how long?
By Lukman Otunuga, Senior Research Analyst, FXTM A sense of positivity is sweeping across financial markets on Tuesday amid signs of progress in trade negotiations and hopes of stimulus in major…
- 13 Oct 2025
Week Ahead: Nigeria CPI, US-China trade woes, big bank earnings
By Lukman Otunuga, Senior Research Analyst, FXTM The biggest macro event for Nigeria will be September ’ s CPI report on October 15 th which is likely to show inflation easing to 18.8% year-on-year…
- 21 Apr 2025
Gold Hits Record High Amid U.S. Dollar Weakness and Trade Tensions
Gold prices surged to a fresh record high on Monday, April 21, while the dollar weakened and global stock markets presented a mixed picture, as concerns mounted over former President Donald Trump’s…
- 28 Nov 2018
Falling Oil Prices Weigh on Nigerian Economy, G20 Summit in Focus
By Lukman Otunuga, Research Analyst at FXTM, The recent depreciation in oil prices presents significant risks to oil export-dependent nations, with Nigeria falling into the category. Depressed…
- 8 Jan 2019
Naira buoyed by trade optimism and rebounding oil prices
By Lukman Otunuga, Research Analyst at FX TM The Naira entered Tuesday’s trading session in a steady fashion amid optimism over US-China trade talks and rebounding oil prices. Although a…
- 12 Feb 2020
Pendulum Swings in Favour of Risk as New Coronavirus Cases Appear to Slow
By Lukman Otunuga, Senior Research Analyst at FXTM, The sentiment pendulum swung deeper into “risk-on” territory on Wednesday with Asian shares closing higher, as investors assessed the coronavirus…
- 20 Dec 2018
Naira Unfazed By US Rate Hike; Dollar weakens
By Lukman Otunuga, Research Analyst at FXTM, The Naira remained flat against the Dollar today despite the Federal Reserve surprising markets with a hawkish US interest rate increase yesterday…
- 11 Dec 2019
Nigeria Expected to Expand 2.38% in Q4; Fed Meeting in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, A sense of confidence restored over the Nigerian economy this week. This comes after the Central Bank of Nigeria (CBN) governor stated that…
- 29 Jun 2020
More Market Volatility Ahead as Virus Spreads
By Hussein Sayed, Chief Market Strategist at FXTM “Coronavirus deaths topped 500,000 worldwide”, is the first headline to grab investors’ attention this morning. The mission is unaccomplished and the…
- 21 Sept 2020
Rising Covid-19 Cases Keep Risk Assets Under Pressure
By Hussein Sayed, Chief Market Strategist at FXTM Equity markets kicked off Monday on the back foot following three weeks of consecutive declines in US stocks, which marked the longest weekly losing…
- 25 Mar 2021
FG’s Crackdown on Bitcoin Echoes Global Crypto Conundrum
The backlash against the Central Bank of Nigeria (CBN) directive on cryptocurrencies echoes a dilemma facing governments around the world: how to regulate Bitcoin and other cryptocurrencies without…
- 29 Aug 2018
Nigeria’s GDP Growth Slows in Q2, Dollar Slips
By Lukman Otunuga, Research Analyst at FXTM Confidence over the health of the largest economy in Africa was dealt a blow after economic growth decelerated in the second quarter of 2018. Nigeria’s GDP…
- 15 Oct 2023
Nigeria Week Ahead: CBN Rate Decision, Inflation & Oil in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, The combination of mounting geopolitical risk and Fed rate expectations rocked global financial markets last week. Volatility is likely to…
- 11 Nov 2024
Nigeria CPI, USD and Oil in focus
By Lukman Otunuga, Senior Market Analyst at FXTM With the US election done and dusted, the focus shifts back to key data from across the globe. It will be a week packed with inflation figures from…
- 12 Feb 2019
Nigerian Economy expands in 2018; Presidential elections loom
By Jameel Ahmad, FXTM Global Head of Currency Strategy and Market Research, Confidence over the health of the Nigerian economy was slightly elevated this morning after official reports showed that…
- 11 Dec 2017
Bitcoin Future Trading Kicks Off, Investors Awaiting Central Banks Decisions
Hussein Sayed, chief market strategist at FXTM, comments on bitcoin trading entering a new phase today and how investors are awaiting central banks decisions. Trading bitcoins entered a new…
- 14 Mar 2019
Otunuga Lobbies FG to Retain Emefiele as CBN Governor
Lukman Otunuga, a research analyst at FXTM, award-winning international forex broker, has said that the decision to change or retain or change the governor of the Central Bank of Nigeria will impact…
- 10 Apr 2019
Naira Steady as IMF Upgrades Nigeria’s Growth Outlook
By Lukman Otunuga, FXTM Research Analyst , A sense of caution lingered across financial markets after the International Monetary Fund (IMF) cut its global economic growth projection for 2019, to 3.3%…
- 1 Aug 2019
Fed Rate Cut Opens Doors for CBN to Re-Join Global Easing Train
By Lukman Otunuga, Senior Research Analyst at FXTM, History was made yesterday after the Federal Reserve cut its interest rates by 25 basis points for the first time since the global financial crisis…