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The week in 60 seconds | FXTM | 15/04/2019

FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week, and pinpoints what traders might look out for ahead, including: • Market sentiment pulled and tugged by conflicting fundamental themes • Data from US, UK and China in focus • Gold bears eye $1280 support level For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Lukman Otunuga

22 April @ 12:54

By Lukman Otunuga, Research Analyst

Oil price finds an unexpected friend in Trump
It’s difficult to comprehend what direction President Trump really wants Oil prices to go because on one side of the coin, his social media feed is flooded with public calls for prices to drop lower, but on the other side of the same coin, he has given Oil prices another shot in the arm this...
Hussein Sayed

22 April @ 10:14

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Are we hitting an earnings recession?
This week is likely to be a critical one in determining the next move for U.S. equities. To date, 79 S&P 500 companies have announced actual results for Q1 2019. As usual, the big banks led the earnings season and most of them have outperformed Wall Street estimates. The financial sector’s...
Lukman Otunuga

19 April @ 10:32

By Lukman Otunuga, Research Analyst

Markets mixed as holiday mood kicks in; Gold hovers near 4-month low
Global equity markets struggled for direction during Friday’s trading session as activity continued to decelerate ahead of the Easter Bank holiday weekend. With the US, UK, Germany, and Singapore markets closed for Good Friday, liquidity is expected to be tepid for the extended weekend, even as...
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