FXTM Company News

FXTM’s Vice President of Corporate Development and Market Research, Jameel Ahmad, appeared on Monday, October 17^th, as a special guest on CNBC Arabia’s Bursat Show. Hosted by the highly respected and FXTM’s Chief Market Strategist for the Gulf and MENA regions, Hussein Sayed, the Bursat Show is one of the leading programs in the Middle East.

The show usually features discussions between disguised people of the financial and business sector and interviews with some of the most influential people in those fields. Jameel was invited once more to provide his expert insight into the latest developments that are affecting the local and global markets.

Topics discussed during Jameel’s recent appearance on CNBS Arabia’s Bursat Show were:

• Global market reactions following the China GDP results
• Chinese economy growth concerns and the possible housing bubble
• What is potentially in store for the Chinese economy
• Potential emerging markets in the last quarter of 2016 that could appeal to investors

Watch the full discussion below*:

Disclaimer: The content in this video comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

FXTM’s VP of Corporate Development and Market Research, Jameel Ahmad, was a special guest on China’s premier network, CCTV (China Central Television) for the Global Business Show hosted by Cheng Lei, on October 25^th, 2016. The show also featured interviews from prominent figures in the financial world including the Vice President of the China Banking Association, Pan Guangwei.

Following the successful appearance of FXTM at the Broker Show Expo in Shanghai on the 22^nd of October and the 1-day seminar of the Ultimate Trading Formula the next day, the FXTM market expert was invited to provide his outlooks on the global economy and share his views on what could be in store for the Chinese Yuan.

Key topics discussed in Jameel’s appearance on CCTV include:

• The Chinese Yuan weakening to further historic lows against the Dollar.
• What has contributed towards the recent falls for the Chinese Yuan.
• What the future downside for the Chinese Yuan could be.
• Why a weaker currency is not necessarily a negative thing for the Chinese economy.
• Gold getting back its safe-haven status in the future.
• The ongoing search from investors for higher yield.
• The possibility for the Shanghai Composite Index to gain momentum.

Watch the full episode of CCTV’s Global Business show below:

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Disclaimer: The content in this video comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

FXTM’s Market Research Analyst, Lukman Otunuga has recently concluded a successful media tour in Nigeria on the 21-23^rd of September just before attending FXTM Nigeria’s Gala Dinner in Lagos. Lukman participated in 8 one-to-one interviews with renowned local media outlets such as The Guardian, The Leadership - two of the most influential media platforms in the country - and Nigeria Communications Week, along with a broadcast with Inspiration FM.

During the interviews FXTM’s Market Analysis expert was asked for his views regarding the latest developments in the Nigerian Economy.

Some of the key points of discussion include:

• The confirmation of the National Bureau of Statistics (NBS) stating that Nigeria is experiencing its worst recession
• Nigeria’s approval of the 3-year budget plan
• Nigerian economy being no longer Africa’s largest economy
• The Nigerian Central Bank’s unexpected decision to raise Nigerian interest rates
• The low revenue profile that is threatening the 2016 budget

You can listen to the full broadcast with Inspiration FM below:

Read Lukman’s articles on the Nigerian economy in The Guardian, The Leadership and Nigeria Communications Week by clicking on the links below: 

The Guardian

Experts support CBN’s decision on rates: http://guardian.ng/news/experts-support-cbns-decision-on-rates/

The Leadership

Need for A Fiscal Policy Boost for Monetary Policies: http://www.leadership.ng/business/551931/need-for-a-fiscal-policy-boost-for-monetary-policies

Nigeria Communications Week

Reasons Naira May Hit N500 to $1 Before Year End: http://www.nigeriacommunicationsweek.com.ng/e-financial/reasons-naira-may-hit-n500-to-1-before-year-end-otunuga

For more expert market analysis from the FXTM team, make sure you bookmark our Daily Market Analysis page.

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FXTM’s Chief Market Strategist for the Gulf and Middle East region, Hussein Al Sayed, has recently conducted an interview with Dubai Eye, the number 1 English-speaking radio station in the UAE where FXTM contributes once a week to their Markets segment. As an ambassador for the FXTM brand, Hussein represents the face and voice of FXTM in this region. Listeners of Dubai Eye can now get insights on the latest forex and financial news from a highly experienced financial analyst and host of the popular evening business show on CNBC Arabia – Bursat Al Alam.

Both the local and the international market scene are discussed in the interview, where some of the highlight talking points include:

• The Dubai index falling below 3500 benchmark for the first time in 3 weeks
• Oil picking up in August and making headlines
• The ongoing interest local traders and investors have in the US and EU industries
• Searching for hints on the next US interest rate hike
• The general dryness of liquidity in the month of August

You can listen to the full segment via YouTube below:

Dubai Eye features FXTM on air weekly, every Wednesday between 4.45pm-5pm (UAE time) – 3.45pm-4pm (GMT+3 time) – and listeners are invited to stream the segment live by visiting this page.

Jameel Ahmad, FXTM’s VP of Corporate Development and Market Research, has been a regular guest on the Dubai Eye radio throughout the past year and will still be giving exclusive interviews on occasion. 

For more Daily Market Analysis from our team of Market Research experts, make sure to check and bookmark our dedicated page.

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Our VP of Corporate Development and Market Research, Jameel Ahmad, visited FXTM’s recently-opened UK office while concluding another successful media tour in the UK. The chief expert conducted 4 one-on-one interviews with industry-leading outlets including major news agency companies Agence France-Presse (AFP) and Bloomberg News, online FX magazine Profit & Loss and Share Radio, a prominent finance radio station. 

With the recent Brexit vote still very much a hot topic, Jameel shared his analysis on how the UK markets were affected and what kind of consequences are expected to still occur.

Other topics surrounding Brexit included:

• How Brexit has further weakened the outlook for the impact on oil and the carry-trade selling opportunity hardly anyone spotted.
• Why Brexit should cause a lot of distress to the Bank of Japan
• How the emerging markets will benefit from Brexit
• Why UK’s decision will surely push back US interest rate expectations, putting the Dollar at severe risk.

Though it dominated conversations, Brexit was not, however, the only topic of discussion. Jameel also took the time to discuss the importance of trading education, expanding on FXTM’s devotion in this area, discussing the various seminars we hold and why it’s such an important aspect for today’s traders.

The media tour also served to promote FXTM’s values and to showcase Jameel’s expertise in the areas of market analysis during the sensitive post-Brexit aftermath.

To listen to the Share Radio interview, please click here.

Here are some of Jameel’s quotes from his TV interview with AFP:

On the price drop for oil after Brexit:

"If there's concerns over the global economy, if there's concerns in general in terms of economic uncertainty there is likely to be a knock-on effect on commodities, and it's no surprise to me that oil dropped from $50 to $46 just in the hours where the vote was being announced."

What Brexit means for the Federal Reserve:

"There's going to be quite severe ramifications on the Federal Reserve. They're going to probably need to push back their expectations for raising rates. Some even think they might need to cut it. And I think there definitely is an opportunity somewhere down the line to see further volatility for the dollar and I think the Federal Reserve will have to backtrack on their interest rate expectations."

What are UK’s options now?

"Maybe the UK will now need to define stronger trading terms with non-EU countries. Personally I think this is a risk when the emerging markets are entering a period of weaker economic growth, downsides on the price of oil, capital outflows due to the US dollar interest rate expectations. Yes, the UK is going to need to look to diversify ties outside the non-EU."

To keep up with the latest Analysis, be sure to visit and bookmark our Daily Market Analysis page.

Disclaimer: The content in these videos/interviews comprises personal opinions and ideas and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability as to any loss arising from any investment based on the same.

FXTM successfully concluded a recent media tour in Nigeria. The developing country continues to show endless amount of interest and potential for the forex markets, which our own Market Research Analyst Lukman Otunuga confirmed after doing a round of talks and interviews at the end of May.

On May 30 and May 31, Lukman sat down with well-known publications in Nigeria – including Business Day, The Guardian, The Nation, and ThisDay among others – and discussed the impact of the forex industry as it directly relates to Nigerian development and economy.

Specific topics covered include;

• The likely impact of the latest Federal Reserve decision on the Naira and Nigerian economy.
• What the country can leverage to boost the economy now that commodities are failing in Nigeria.
• How a Brexit would affect the Nigerian economy.
• The recent decision to include the Chinese Yuan in Nigeria’s foreign reserve.
• The decision to borrow in order to finance the country’s budget deficit.

Click here to read The Guardian article featuring Lukman’s analysis, and here for the featured interview on ThisDay.

For more expert market analysis from the FXTM team, make sure you bookmark our Daily Market Analysis page.

To check out where else FXTM has been featured in the media recently, go here.

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