By Lukman Otunuga, Senior Market Analyst at FXTM European stocks were a mixed bag on Tuesday as investors digested a cut in China’s credit rating to ‘negative’ from ‘stable’ by Moody’s amid
By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares advanced on Thursday following the moderately positive performance from Wall Street overnight, as dovish Fed minutes and easing oil prices supported risk
By Lukman Otunuga, Senior Market Analyst at FXTM Investors will likely remain cautious ahead of a week packed with key data and policy decisions from major central banks. Asian shares declined on
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday despite the broadly positive cues from Wall Street overnight, as a surge in Tesla powered a
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were painted red on Tuesday with Chinese stocks leading losses, as disappointing PMI services data fuelled concerns over the nation’s sluggish economic
By Lukman Otunuga, Senior Market Analyst at FXTM Chinese stocks paved the way higher for Asian shares on Tuesday as optimism from China’s measures to cut stamp duty boosted risk appetite. European
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday as weak China data countered the initial optimism set off by Wall Street overnight, after the
By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares flashed red on Tuesday as concerns over China’s sluggish economic recovery weighed on sentiment. The disappointing GDP data published in the previous
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets rose on Tuesday after China strengthened support for its struggling property sector. European futures are pointing to a positive open as attention
By Lukman Otunuga, Senior Market Analyst at FXTM Most Asian shares flashed red on Wednesday, with Chinese markets under renewed selling pressure after disappointing PMI data fuelled concerns over its weak economic
