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The week in 60 seconds | FXTM | 08/04/2019

FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week, and pinpoints what traders might look out for ahead, including: • #ECB meeting in sharp focus • More #Brexit drama expected as 12 April deadline looms • Oil prices sensitive ahead of #OPEC meeting For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Risk on: Russia registers vaccine
Han Tan

11 August @ 15:21

By Han Tan, Market Analyst

Risk on: Russia registers vaccine
US benchmark stock indices are set for gains when markets open today, fuelled by positive developments surrounding a Covid-19 vaccine. Russia announced today that it has registered the world’s first Covid-19 vaccine, while drug makers such as BioNTech, Novavax, and Inovio Pharmaceuticals say they... Read full post
Yen softens despite rising US-China tensions
Lukman Otunuga

11 August @ 10:00

By Lukman Otunuga, Research Analyst

Yen softens despite rising US-China tensions
Shares across Asian markets ventured higher on Tuesday morning, following gains on Wall Street overnight as investors shrugged off China’s retaliatory actions against the United States. In a move that is likely to strain US-China relations even further, Beijing slapped sanctions on U.S.... Read full post
Asia’s recovery supports Oil around 5-month high
Han Tan

11 August @ 05:18

By Han Tan, Market Analyst

Asia’s recovery supports Oil around 5-month high
Oil prices are holding steady around levels not seen since March, after Saudi Aramco expressed a slightly rosier outlook on global markets. Having witnessed a 73 percent year-on-year drop in its Q2 earnings, Saudi Arabia’s government-owned oil giant now believes that demand for crude oil is... Read full post
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