FXTM

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4d
Market Watch
European stocks step higher, with bank gains providing a liftpolicy makers would drag interest rate expectations lower for 2017,” said Husse
Market Watch / Posted 4 days ago
policy makers would drag interest rate expectations lower for 2017,” said Hussein Sayed, chief market strategist at FXTM. “Instead, the U.S. central bank decided to look past low inflation and said the harm of the hurricanes would have no... Read more
4d
Gulf News
Extension of Opec deal likely as oil prices rallythe markets, the group may be encouraged to extend the current deal beyond Marc
Gulf News / Posted 4 days ago
the markets, the group may be encouraged to extend the current deal beyond March,” Lukman Otunuga, a research analyst at FXTM told Gulf News by email.According to secondary sources, Opec crude oil production averaged 32.76 million barrels a day... Read more
94 related articles
4d
FOX Business
Oil set for biggest 3Q rise since 2004, Iraq hints at OPEC extensionto stabilize the saturated markets, the cartel should be encouraged to extend t
FOX Business / Posted 4 days ago
to stabilize the saturated markets, the cartel should be encouraged to extend the current deal, which may fuel the upside," FXTM analyst Lukman Otunuga said. The Organization of the Petroleum Exporting Countries and other producers are considering... Read more
94 related articles
4d
FOX Business
Oil set for biggest 3Q rise since 2004, Iraq hints at OPEC extensionto stabilize the saturated markets, the cartel should be encouraged to extend t
FOX Business / Posted 4 days ago
to stabilize the saturated markets, the cartel should be encouraged to extend the current deal, which may fuel the upside," FXTM analyst Lukman Otunuga said. The Organization of the Petroleum Exporting Countries and other producers are considering... Read more
94 related articles
6d
Market Watch
European stocks slip as traders wait for Fed rate updatetowards Janet Yellen and her thoughts on the recent inflation trends in the U.S
Market Watch / Posted 6 days ago
towards Janet Yellen and her thoughts on the recent inflation trends in the U.S.,” said Lukman Otunuga, research analyst at FXTM, in a note. “A hawkish Yellen, who leaves the door open for another rate hike before year-end, is likely to offer the... Read more
6d
Reuters
Dollar rises against yen ahead of Fed meetinghit a more than 2-1/2 year high against the dollar earlier in September. “The
Reuters / Posted 6 days ago
hit a more than 2-1/2 year high against the dollar earlier in September. “The German election, scheduled for 24 September, has the potential to squeeze the recent euro gains,” Jameel Ahmad, vice president of market research at FXTM, said in a... Read more
9 related articles
9d
International Business Times
Pound surges to highest level since Brexit vote as rates rise looms large of a rate hike before year end, sterling is likely to regain its attitude and r
International Business Times / Posted 9 days ago
of a rate hike before year end, sterling is likely to regain its attitude and remain supported moving forward," said FXTM research analyst Lukman Otunuga. "[The] sterling/dollar [exchange rate] is undeniably bullish on the daily charts, and... Read more
218 related articles
10d
International Business Times
Pound hits one-year high against US dollar after Bank of England paves way for November rate hike in the coming months' if inflationary pressures continue to mount, sterling is
International Business Times / Posted 10 days ago
in the coming months' if inflationary pressures continue to mount, sterling is likely to remain supported this week," said FXTM research analyst Lukman Otunuga. "From a technical standpoint, the pound/dollar rate bulls have won the battle this... Read more
218 related articles
11d
express
Will interest rates RISE? Bank of England to update and could hike YOUR mortgage costssince the Bank of England cut rates after the Brexit vote in August last year.
express / Posted 11 days ago
since the Bank of England cut rates after the Brexit vote in August last year. Hussein Sayed, chief market strategist at FXTM, said: "BoE Governor Mark Carney suggested that markets are underestimating how soon interest rates will... Read more
218 related articles
13d
International Business Times
Pound spikes against major crosses prior to Bank of England meeting past five trading days, taking the overall losses to 10.8% for the year so far.
International Business Times / Posted 13 days ago
past five trading days, taking the overall losses to 10.8% for the year so far. Hussein Sayed, chief market strategist at FXTM, said with market expectations of a US rate hike in December falling below 40%, according to independent surveys,... Read more
16d
International Business Times
Pound surges to 5-week high against dollar despite mixed UK economic data at $1.2029, up 0.05%. "Dark clouds over the eurozone continue to lift," Juckes
International Business Times / Posted 16 days ago
at $1.2029, up 0.05%. "Dark clouds over the eurozone continue to lift," Juckes added. Lukman Otunuga, research analyst at FXTM, said Draghi's cautious tone was unable to tame the rampant euro bulls, sending the EUR/USD to levels not seen since... Read more
18d
Market Watch
European stocks hold steady in runup to ECB updatetapering QE, and it’s all about the announcement date and size of the cuts,” sa
Market Watch / Posted 18 days ago
tapering QE, and it’s all about the announcement date and size of the cuts,” said Hussein Sayed, chief market strategist at FXTM. “If the ECB decided to surprise and cut asset purchases by €10 billion - €20 billion euros starting January, the euro... Read more
18d
AllAfrica.com
How Nigeria Exits Recessionconfidence in locally grown food, an indication that the GDP is getting better.
AllAfrica.com / Posted 18 days ago
confidence in locally grown food, an indication that the GDP is getting better. Lukman Otunuga, a financial expert with FXTM said: "The largest economy in Africa displayed its resilience yet again by growing 0.55% in Q2, despite suffering a... Read more
14 related articles
19d
Reuters
Dollar steadies as markets get ready for ECBand largest nuclear bomb test on Sunday. “Markets have become increasingly sen
Reuters / Posted 19 days ago
and largest nuclear bomb test on Sunday. “Markets have become increasingly sensitive to geopolitical influence,” said FXTM analyst Lukman Otunuga, though others said reaction to the latest test had been relatively muted, given the severity of... Read more
19d
FOX Business
North Korea tensions pressure stocks; S&P 500's six-day rally at risk of endinga little longer, as there may be more missile launches on the horizon," said Hu
FOX Business / Posted 19 days ago
a little longer, as there may be more missile launches on the horizon," said Hussein Sayed, chief market strategist at FXTM. "Investors have been searching for a catalyst that will lead to a steep market correction, but if a hydrogen bomb... Read more
2 related articles
19d
FOX Business
North Korea tensions pressure stocks; S&P 500's six-day rally at risk of endinga little longer, as there may be more missile launches on the horizon," said Hu
FOX Business / Posted 19 days ago
a little longer, as there may be more missile launches on the horizon," said Hussein Sayed, chief market strategist at FXTM. "Investors have been searching for a catalyst that will lead to a steep market correction, but if a hydrogen bomb... Read more
2 related articles
19d
express
Euro bank under PRESSURE: Fragile eurozone economy hangs on Draghi's next moveis also set to further curb inflation, which is already below the ECB's target.
express / Posted 19 days ago
is also set to further curb inflation, which is already below the ECB's target. Hussein Sayed, chief market strategist at FXTM, said: "The crucial question facing the central bank on Thursday is whether Mario Draghi will announce the date of... Read more
2 related articles
20d
Market Watch
Wall Street stocks set for downbeat open as North Korea standoff intensifiesa little longer, as there may be more missile launches on the horizon,” said Hu
Market Watch / Posted 20 days ago
a little longer, as there may be more missile launches on the horizon,” said Hussein Sayed, chief market strategist at FXTM. “Investors have been searching for a catalyst that will lead to a steep market correction, but if a hydrogen bomb... Read more
20d
The Star
European shares slip on worries over North Korea nuclear testremains - what’s next? Will the tensions lead to negotiations, or war?" said Hu
The Star / Posted 20 days ago
remains - what’s next? Will the tensions lead to negotiations, or war?" said Hussein Sayed, chief market strategist at FXTM. Uncertainty over the response to the latest North Korean test worried investors, leading to a spike in stock market... Read more
2 related articles
20d
Reuters
European shares slip on worries over North Korea nuclear testremains - what’s next? Will the tensions lead to negotiations, or war?” said Hu
Reuters / Posted 20 days ago
remains - what’s next? Will the tensions lead to negotiations, or war?” said Hussein Sayed, chief market strategist at FXTM. Uncertainty over the response to the latest North Korean test worried investors, leading to a spike in stock market... Read more
2 related articles
20d
Business Standard India
Global stocks dip, yen gains after North Korea's nuclear testassess the situation, and then buy the dips as tension eases," said Hussein Say
Business Standard India / Posted 20 days ago
assess the situation, and then buy the dips as tension eases," said Hussein Sayed, Chief Market Strategist at brokers FXTM. The dollar, down 0.3 percent against the basket of currencies used to measure its broader strength, fell 0.5 percent... Read more
18 related articles
20d
Gulf News
Gold surges to 1-year high on renewed North Korea tensionsthat North Korea had tested their most powerful nuclear bomb yet,” said Hussain
Gulf News / Posted 20 days ago
that North Korea had tested their most powerful nuclear bomb yet,” said Hussain Syed, Chief Market Strategist at FXTM. Comex Gold for December delivery was up 0.64 per cent higher at $1,338.90 an ounce. The Swiss Franc and the yen, which... Read more
20d
Reuters
Stocks dip, yen and gold gain after North Korea testassess the situation, and then buy the dips as tension eases,” said Hussein Say
Reuters / Posted 20 days ago
assess the situation, and then buy the dips as tension eases,” said Hussein Sayed, chief market strategist at brokers FXTM. The dollar, down 0.3 percent against the basket of currencies used to measure its broader strength, fell 0.6 percent... Read more
3 related articles
21d
International Business Times
Gold spikes to fresh 12-month high as North Korea-US tensions escalate precious metals market by safe-haven seeking investors, with gold leading the r
International Business Times / Posted 21 days ago
precious metals market by safe-haven seeking investors, with gold leading the rally. Lukman Otunuga, research analyst at FXTM, said geopolitical tensions was helping gold shine brighter. "The disappointing US employment data released on Friday... Read more
21d
Reuters
Stocks dip, yen gains after North Korea testassess the situation, and then buy the dips as tension eases,” said Hussein Say
Reuters / Posted 21 days ago
assess the situation, and then buy the dips as tension eases,” said Hussein Sayed, Chief Market Strategist at brokers FXTM. The dollar, down 0.3 percent against the basket of currencies used to measure its broader strength, fell 0.5 percent... Read more
18 related articles
21d
Business Standard India
Global stocks dip, yen gains after North Korea testassess the situation, and then buy the dips as tension eases," said Hussein Say
Business Standard India / Posted 21 days ago
assess the situation, and then buy the dips as tension eases," said Hussein Sayed, Chief Market Strategist at brokers FXTM. Driven by the Korean losses, MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.75 percent. The... Read more
3 related articles
21d
Reuters
World stocks dip, yen gains after North Korea testassess the situation, and then buy the dips as tension eases,” said Hussein Say
Reuters / Posted 21 days ago
assess the situation, and then buy the dips as tension eases,” said Hussein Sayed, Chief Market Strategist at brokers FXTM. Driven by the Korean losses, MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.75... Read more
3 related articles
21d
Market Watch
Gold rises near 1-year high after North Korea tests nuclear bombtaken place in the past; investors sell stock” and “rush to safe havens,” said
Market Watch / Posted 21 days ago
taken place in the past; investors sell stock” and “rush to safe havens,” said Hussein Sayed, chief market strategist at FXTM, in a note. “An H-bomb is undeniably different from the previous missile launches or nuclear tests; it’s a game changer... Read more
27d
express
Pound sinks against the euro as markets expect Brexit 'to be a SHAMBLES'lift in the next few weeks if we continue to see GBP declines as we expect." H
express / Posted 27 days ago
lift in the next few weeks if we continue to see GBP declines as we expect." Hussein Sayed, chief market strategist at FXTM, added: "Sterling traders are awaiting the results of a new round of talks between the UK and the EU. "So far, there... Read more
27d
express
North Korea's latest missile sends FTSE 100 and world markets CRASHING as gold prices soarto think that the central bank may now raised interest rates again this year.
express / Posted 27 days ago
to think that the central bank may now raised interest rates again this year. Hussein Sayed, chief market strategist at FXTM, said: "Equities across the globe traded mostly in the red on Tuesday, after North Korea launched a ballistic missile... Read more
2 related articles
27d
Channel NewsAsia
Euro rises on bets for ECB tighteningan opportunity to keep adding to long positions," said market strategist Hussei
Channel NewsAsia / Posted 27 days ago
an opportunity to keep adding to long positions," said market strategist Hussein Sayed of online foreign exchange brokerage FXTM. Janet Yellen's decision not to discuss the Federal Reserve's plans for future interest rate rises was also seen as an... Read more
76 related articles
1m
Gulf News
Opec strategy brings sense of order to markets, analysts saymaking to limit the oversupply in the market,” Jameel Ahmad, Vice President of
Gulf News / Posted a month ago
making to limit the oversupply in the market,” Jameel Ahmad, Vice President of Corporate Development and Market Research at FXTM told Gulf News.Thirteen members of the Opec and eleven non-Opec members agreed to cut production by about 1.8 million... Read more
25 related articles

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