29 results
- 3 Sept 2016
Soft NFP Dampens US Rate Hike Hopes
Dollar bulls were subdued during trading on Friday following August’s soft NFP headline figure of 151k which quelled expectations over the Federal Reserve raising US interest rates this year. Average…
- 4 May 2018
Nigeria signs currency swap deal with China, NFP in focus
By Lukman Otunuga Sentiment towards the Nigerian economy was elevated on Friday, after the nation finally signed a bilateral currency swap agreement with China. The transaction, which is valued at 16…
- 8 Apr 2017
Investors On Edge Ahead of NFP
FXTM Research Analyst Lukman Otunuga comments on Gold charged to a fresh 5 month high at $1269 during early trading on Friday after reports were released that the U.S military launched an airstrike…
- 11 Mar 2017
Dollar On Standby Ahead of NFP
FXTM Research Analyst Lukman Otunuga comments on the vulnerable Euro received a lifeline during trading on Thursday with prices springing above 1.0600 following the hawkish surprise from the European…
- 31 Mar 2026
Nigeria's Oil Jackpot: Brent Hits $100 Amid Iran Chaos – NFP to Rock Markets This Week
By Lukman Otunuga, Head of Market Research, FXTM Oil benchmarks are heading for their best monthly gain since 1990. FXTM Rising concerns over supply shocks as the Strait of Hormuz remained…
- 2 Jun 2020
Nigeria Week Ahead: PMI’s, Trade Balance and NFP in Focus
By Lukman Otunuga, Senior Research Analyst at FXTM, In a move that caught many by surprise, the Central Bank of Nigeria (CBN) pulled the trigger on lower interest rates for the first time since March…
- 4 May 2016
FXTM: Dollar Sensitivity Seizes Centre Stage
Global stocks descended deeper into the abyss in the first trading week of May following the tepid Chinese manufacturing data and slash in Europe’s growth outlook that renewed concerns about the…
- 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…
- 14 Jul 2016
FXTM Analysis: BoE Holds Rates as Sterling Spikes Higher
The Bank of England shocked the global markets during trading on Thursday following the unexpected decision to keeping interest rates unchanged despite the mounting post-Brexit pressures. Concerns…
- 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…
- 6 Dec 2017
Global Stocks Under Pressure, Bitcoin Hits Another Record
By Lukman Otunuga, Research Analyst at FXTM, comments on the global stocks being under pressure as Bitcoin hits another record. Global equity bulls were nowhere to be found during Tuesday’s trading…
- 6 Dec 2018
Will Nigeria Join OPEC in production cuts?
By Lukman Otunuga The past few weeks have certainly not been kind to Oil markets amid oversupply concerns and fears over slowing global growth negatively impacting demand. Severely depressed Oil…
- 2 Aug 2019
Investors Stampede for Safety as Trump Strikes Again
By Lukman Otunuga, Senior Research Analyst at FXTM, A wave of risk aversion is sweeping across financial markets this morning after US President Donald Trump announced a new round of tariff hikes on…
- 2 Apr 2020
Market Turmoil Resumes as Virus Fears Deepen
By Hussein Sayed, Chief Market Strategist at FXTM Investors have suffered a tough start to the second quarter due to the coronavirus pandemic. After climbing 17.9% from its low in the past seven…
- 19 May 2016
Global Stocks Unmoved By Oil Price Revival- FXTM
Global stocks displayed weakness during trading on Tuesday with most major arenas descending deeper into the red territory despite the resurgence in oil prices that previously boosted global…
- 29 Jul 2016
FXTM Analysis: BoJ Policy Meeting In Focus
Financial markets are on standby ahead of Friday’s Bank of Japan (BoJ) monetary policy decision which is widely expected to conclude with unleashing a mammoth 28 trillion Yen stimulus to support the…
- 17 Aug 2016
FXTM Analysis: Dollar Sensitivity Seizes Centre Stage
The Dollar displayed extreme signs of sensitivity on Tuesday with prices left vulnerable to heavy losses as expectations fluctuated over the Federal Reserve raising US interest rates in 2016.…
- 27 May 2016
FXTM Analyses: Yellen Countdown Heightens Market Sensitivity
Global stocks inched higher during trading on Thursday as the positive combination of renewed US rate hike expectations and resurgence in oil prices elevated global sentiment. European markets…
- 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…
- 31 Jul 2017
FXTM Analysis: Time to Buy U.S Dollar?
FXTM Chief Market Strategist Hussein Sayed comments on the week ahead and what it might mean for the U.S. Dollar. Six months ago it was hard to believe that the Greenback will be plummeting against…
- 14 Jun 2016
FXTM Analysis: Risk-Off Sentiment Punishes Global Stocks
A wave of risk aversion dispersed across the global markets during trading on Monday as the unappetizing combination of heightened Brexit anxieties and elevated concerns over slowing global growth…
- 15 Jul 2016
FXTM Analysis: Firm China GDP Lifts Risk Sentiment
Stock markets received a welcome boost during trading on Thursday following the Bank of England’s decision not to change interest rates which eased the ongoing Brexit fears, consequently lifting risk…
- 5 Feb 2021
Bye-bye Frenzy, Back to the Familiar
By Han Tan, Market Analyst at FXTM Global markets are now revisiting a familiar script, with investors pushing broad asset classes higher on more signs pointing to the US economic recovery.…
- 9 Mar 2026
Nigeria Week Ahead: Equities sink, Oil surpasses $100, CPI in focus
By Matthew Anthony, Senior Market Analyst- Africa Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted.…
- 3 Aug 2016
Oil Retreat Punishes Global Stocks
Global stocks were left vulnerable to losses during trading on Tuesday following the hefty decline in oil prices which weighed heavily on global sentiment consequently souring investor risk appetite.…
- 4 Oct 2016
FXTM Analysis: Hard Brexit Fears Inspire Sterling Bears
Sterling/Dollar stumbled to fresh 31 year lows at 1.2736 during trading on Tuesday as the horrible combination of Brexit anxieties and a resurgent Dollar encouraged bears to install repeated rounds…
- 2 Nov 2016
FXTM Analysis: What to Watch Out for – Nigeria
Economists will be looking towards the latest manufacturing figures from Nigeria on Monday, which could provide some additional clarity on how the sector has fared in this period of slowing growth.…
- 31 Jan 2017
Week Ahead: Central Banks & Data Back In Focus
FXTM Chief Market Strategist Hussein Sayed comments on the expected rate rise by the Fed in the week ahead: Although Donald Trump policies will remain to be the key moving indicators for financial…
- 8 Mar 2017
FXTM Analysis: Currency Markets in Wait-And-See Mode
FXTM Chief Market Strategist Hussein Sayed comments on the Australian dollar has been the best performing currency so far this year, up by more than 5% against the dollar. The Aussie is outperforming…