By Lukman Otunuga, Research Analyst at FXTM A sense of unease rippled across the markets in the early hours of Friday morning following the announcement of China’s Q1 GDP figure of 6.7%
Global growth continues, but at a sluggish pace that leaves the world economy more exposed to risks, says the IMF’s latest World Economic Outlook (WEO). The WEO forecasts global growth at
By Lukman Otunuga, Research Analyst, FXTM The Sterling/Dollar unexpectedly surged on Monday and this has nothing to do with an improved sentiment towards the Pound, but ongoing Dollar weakness from diminishing US
Economic output in the Eurozone will increase by 0.4% during the first three quarters of this year respectively, according to joint data from the three research institutes Ifo (Munich), INSEE (Paris) and
By Lukman Otunuga, Research Analyst, FXTM An unappetising combination of elevated concerns over slowing global growth and incessant declines in oil prices have activated a wave of risk aversion that engulfed the
Persistently low oil prices continue to pressure the funding environment for banks across the Gulf Cooperation Council (GCC) countries, Moody’s Investors Service said in a report. The impact of low oil
By Lukman Otunuga, Research Analyst, FXTM An air of uncertainty ripples across the financial markets ahead of Tuesday’s heavily anticipated speech from Federal Reserve Chair Janet Yellen which may provide some clarity
By Lukman Otunuga, Research Analyst, FXTM The financial markets were shaken by extreme levels of volatility during trading on Tuesday following the attacks in Brussels which renewed a wave of risk aversion
By Lukman Otunuga, Research Analyst, FXTM The markets were injected with violent bursts of volatility this trading week following the string of crucial central bank meetings which heightened risk aversion and left
By Lukman Otunuga, Research Analyst, FXTM Stocks demonstrated signs of exhaustion and vulnerability during trading on Tuesday following the barrage of lackluster economic data releases which diminished confidence towards the global economy
