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The week in 60 seconds | FXTM | 15/04/2019

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: • Market sentiment pulled and tugged by conflicting fundamental themes • Data from US, UK and China in focus • Gold bears eye $1280 support level For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Stocks flat, gold shining
Lukman Otunuga

9 July @ 18:24

By Lukman Otunuga, Research Analyst

Stocks flat, gold shining
Having broken the $1800 level, the yellow metal continues to push higher this afternoon. The Dollar has recovered from hitting near one-month lows but is subdued with risk appetite fairly mixed. Initial jobless claims and continuing claims came in better than expected, but the former still remain... Read full post
Record US Covid-19 cases can’t halt the equity rally
Hussein Sayed

9 July @ 10:16

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Record US Covid-19 cases can’t halt the equity rally
Equity markets have pushed higher in Asia following an impressive last hour rally on Wall Street yesterday. The record daily increase in US COVID-19 infections and the sharp rise in deaths has proved no barrier to the bulls. Rises in Apple and Amazon stocks sent the Nasdaq Composite to a new record... Read full post
All eyes on US jobless claims
Han Tan

9 July @ 05:39

By Han Tan, Market Analyst

All eyes on US jobless claims
The US jobless claims data release is set to hog the limelight later today, as investors assess whether the recovery in the jobs market has sufficient momentum to trigger further gains in risk assets. Markets are currently forecasting a print of 1.375 million for the initial jobless claims,... Read full post
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