Moody's Investors Service has maintained its negative outlook on Azerbaijan's banking system for the next 12-18 months, reflecting the rating agency's view that the economy will remain in recession until end-2016 as
By Jameel Ahmad, Chief Market Analyst, FXTM While the ECB conference on Thursday afternoon failed to provide any unexpected fireworks, the EURUSD still managed to decline down the charts and moved back
A year after launching the Cablenet Business service, the alternative telco has introduced ‘cloud for business’ by offering integrated broadband services, network solutions, fixed telephony and hosting services for computer systems and
By Lukman Otunuga, Research Analyst, FXTM Stocks were flung onto a wild roller coaster ride this week with major markets violently oscillating between losses and gains as anxiety mounted ahead of the
Economic growth in Europe is expected to remain modest as key trading partners’ performance has slowed and some of the so far supportive factors start to wane. As a result, GDP in
By Lukman Otunuga, Research Analyst, FXTM 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
By Lukman Otunuga, Research Analyst, FXTM The bearish sentiment towards the Dollar descended to new depths on Tuesday following a slew of tepid data from the U.S. which rekindled concerns over the
By Lukman Otunuga, Research Analyst, FXTM The Euro/Dollar swung erratically on Thursday following Mario’s Draghi’s dovish remarks on Eurozone growth that left investors pondering the likelihood of further central bank interventions in
By Lukman Otunuga, Research Analyst, FXTM Stock markets were offered a welcome boost on Tuesday following the sharp appreciation in oil prices that temporarily elevated confidence towards the global economy, consequently heightening
By Lukman Otunuga, Research Analyst, FXTM An undeniable feeling of disappointed engulfed the global markets during trading on Monday following the unsuccessful Doha meeting on Sunday which erased any remaining credibility OPEC
