By Lukman Otunuga, Senior Research Analyst at FXTM, The staggering depreciation in Oil prices could not have come at a more disruptive and critical time for...
By Lukman Otunuga, Senior Research Analyst at FXTM, A sense of uncertainty over whether Russia will commit to OPEC’s proposal for deeper production cuts is weighing...
By Lukman Otunuga, Senior Research Analyst at FXTM, The Federal Reserve caught markets completely off-guard this week by lowering interest rates by 50 basis points. It’s...
By Lukman Otunuga, Senior Research Analyst at FXTM, The dramatic and fast-moving consequences of the coronavirus COVID-19 outbreak threaten an otherwise resilient outlook for Nigeria’s economy,...
By Lukman Otunuga, Senior Research Analyst at FXTM, 2019 was packed with uncertainty thanks to persistent trade drama, global growth fears and volatile oil prices. Unfavourable...
By Lukman Otunuga, Senior Research Analyst at FXTM, Rising inflationary pressures could not have come at a worst possible time for Nigeria. The country is currently...
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...
By Lukman Otunuga, Senior Research Analyst at FXTM, Speculation over central banks easing monetary policy in the face of coronavirus fears and slowing global growth may...
By Lukman Otunuga, Senior Research Analyst at FXTM, It is hard to believe that Oil prices have depreciated over 17% since the start of 2020. The...
By Lukman Otunuga, Senior Research Analyst at FXTM, This will be a relatively quiet week for the Nigerian economy data-wise with the latest Stanbic IBTC...