FXTM launches commission-free stock trading service
By Omobayo Azeez FXTM has unveiled its new Stocks Account on the MetaTrader5 platform, giving clients worldwide the ability to buy,
Trump’s impeachment move a distraction
By Hussein Sayed Investors were caught by surprise when the Speaker of the US House of Representatives Nancy Pelosi announced on
Nigeria rate cut coming as global monetary easing cycle gains momentum
By Lukman Otunuga Unfavourable macroeconomic conditions across the globe have prompted major central banks to embark on a monetary
Key market themes to watch this week
Domestic market It will certainly be an eventful trading week for the Nigerian markets, with key inflation data in focus. The
External drivers shaping outcomes of Nigeria naira, says FXTM analyst
External drivers, namely, global oil prices and international movement in the dollar exchange rate, have been predicted to shape
Bullish outlook for naira ahead of CBN rate decision, economic data release
The local currency, the naira, would trade steady against international currencies ahead of Central Bank of Nigeria’s (CBN’s) rate
Nigeria’s economic recovery poised to build momentum in Q2
By Lukman Otunuga Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading
Sterling seen under pressure on latest British GDP data as dollar holds tightly to gains
The British pound is likely to remain depressed as investors digest GDP figures released by the Office for National Statistics (ONS)
Global stock markets to remain volatile on ongoing trade drama between the US, China
Global stock markets are likely to remain explosively volatile and wildly unpredictable unless the ongoing trade drama between the US
Analysts see rates cut imminent as Nigeria inflation pace decelerates for the 13th month
Financial analysts see imminent rate cuts by the Nigerian monetary policy authorities on the continued decline of inflation for the