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The week in 60 seconds | FXTM | 29/04/2019

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: • Markets remain cautiously optimistic over US-China trade talks • Federal Reserve and Bank of England meetings in focus • All eyes on US jobs data For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Dollar steady despite NFP plunging to historic lows
Lukman Otunuga

3 April @ 16:49

By Lukman Otunuga, Research Analyst

Dollar steady despite NFP plunging to historic lows
If horrendous job numbers are unable to faze King Dollar, then what can? US non-farm payroll employment dropped by a staggering 701,000 in March, the worst in 11 years as the coronavirus outbreak swept through the United States like a crazy tornado. The unemployment rate jumped from 3.5% to 4.4... Read full post
Oil restores gains as OPEC+ set for emergency meeting
Han Tan

3 April @ 10:43

By Han Tan, Market Analyst

Oil restores gains as OPEC+ set for emergency meeting
Brent futures erased earlier losses on Friday amid reports that OPEC+ is set to hold an emergency virtual meeting on Monday to stabilise global markets. Most Asian stocks and currencies are still declining, with US stock futures also in the red at the time of writing. News of the OPEC+ meeting... Read full post
Dollar higher despite U.S Jobless Claims hitting 6.6M
Lukman Otunuga

2 April @ 16:56

By Lukman Otunuga, Research Analyst

Dollar higher despite U.S Jobless Claims hitting 6.6M
The largest economy in the world is certainly not bulletproof against the novel coronavirus outbreak and this stark reality was reflected in the latest US initial jobless claims figures. A total of 6.65 million Americans applied for unemployment benefits last week which was double the previous... Read full post
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