By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Investors are keeping their fingers crossed as hope builds up following steps from world governments to gradually loosen lockdown
By Hussein Sayed, Chief Market Strategist at FXTM Asian equities kicked off Monday trading on a positive note with most benchmarks rising more than 1%, led by a 2.5% rally in the
By Hussein Sayed, Chief Market Strategist at FXTM Oil prices are back in positive territory, a statement we never thought worthy of saying before. Both major crude benchmarks are recovering for a
By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Could you ever imagine you would see the price of U.S. crude oil valued at less than a pizza?
The benchmark US crude West Texas Intermediate (WTI) collapsed to just below $11 on Monday, its worst drop since December 1998, as the coronavirus outbreak causes demand to slump. “Over the past
The number of bitcoin ATMs jumped by almost 70% in a year, reaching more than 7,500 in April, as one of the most convenient and quickest ways to buy and sell the
As the world faces the worst economic downturn since the Great Depression and many people are going through extremely hard times, we also need to focus on the compelling positives there are
By Hussein Sayed, Chief Market Strategist at FXTM The 31% rally in the S&P 500 since hitting a bottom of 2,191 on March 23 has been truly incredible. Economic factors should be
By Stefan Nolte Prior to the coronavirus crisis, monetary systems were already headed for a systemic crisis. Negative interest rates in Europe and minimal interest rates in the US (0% – 0,25%),
By Han Tan, Market Analyst at FXTM Asian stock markets are a sea of green, while US equity futures are also pointing to more gains for Wall Street to close the week.