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The week in 60 seconds | FXTM | 08/07/2019

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 questioning whether the #Fed will cut interest rates • #Powell set to testify in the week ahead • #Dollar flexes on strong #NFP For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #ForexNews #MarketNews

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Pound ready to party?
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3 July @ 06:40

By Han Tan, Market Analyst

Pound ready to party?
The Pound has seen a slight lift and is holding steady in the run up to the so-called ‘Super Saturday’ – as pubs, restaurants, and hotels reopen on July 4 after spending the past three months on lockdown. Sterling has been the third best performer among G10 currencies so far this month, gaining 0.... Read full post
Record jobs report, stocks on fire
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2 July @ 18:50

By Lukman Otunuga, Research Analyst

Record jobs report, stocks on fire
Today was all about the US June non-farm payrolls report and it didn’t disappoint. After a catastrophic combined fall of 22 million jobs in March and April, last month saw a surprising rebound of 2.5 million. Today’s data continued that bounce, with the US economy adding 4.8 million jobs, a record... Read full post
Upbeat data and vaccine hopes keep the rally alive
Hussein Sayed

2 July @ 10:33

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

Upbeat data and vaccine hopes keep the rally alive
Stock markets across Asia tracked Wall Street higher today following upbeat data from the US and early positive results from Pfizer’s first phase of its Covid-19 vaccine trial. Investors seem to be focusing on the half full portion of the glass and not the other way round. That is evident in... Read full post
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