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The week in 60 seconds | FXTM | 18/02/2019

It will be another busy trading week for markets with trade developments, Brexit and economic reports from major economies in focus. Will the United States and China secure a trade deal?. Will Theresa May be able to persuade Brussels to make changes on the Brexit deal?. • Investors are keeping a close eye on US-China trade talks in Washington • Theresa May flies to Brussels for Brexit talks • Will Gold shine this week? For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Lukman Otunuga

18 February @ 14:40

By Lukman Otunuga, Research Analyst

The week ahead: Trade talks, FOMC minutes and Brexit in focus
It has been a relatively quiet start to another busy trading week, with stocks in Asia concluding higher and European shares remaining steady amid gradual improved optimism over potential progress in US-China trade negotiations. Although Wall Street is closed today due to Washington’s birthday,...
Lukman Otunuga

15 February @ 14:37

By Lukman Otunuga, Research Analyst

Investors sigh as trade talks drag on; Gold glitters
A sense of disappointment was felt across financial markets today after high-level trade talks between the US and China ended with no immediate announcement from either side. Although US Treasury Secretary Steven Mnuchin said the negotiations were ‘productive’, the amount of progress made...
Lukman Otunuga

15 February @ 04:12

By Lukman Otunuga, Research Analyst

EM currencies wait on trade talks; Yuan weakens
Emerging market currencies held steady near the end of the week as cautious optimism over the progress of US-China trade talks supported appetite for riskier assets. Higher-yielding currencies like the Brazilian Real and Mexican Peso among many others held onto gains against a softer US Dollar....
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