Fed Defends Gradual Interest Rate Policy The Federal Reserve on Friday defended its policy of raising interest rates despite Trump’s criticism of higher borrowing costs. Jerome Powell,...
Forex Weekly Outlook August 20 – 24 Global uncertainty and rising interest rates in developed economies are dictating the direction of the currency market. The slow...
Fund Managers Selling UK Stocks Ahead of Possible ‘No Deal’ Brexit Fund managers are selling their UK stock holdings at the fastest pace as fear of...
UK Unemployment Rate Declines to 40-Year Low; Pound Falls The UK unemployment rate improved in the second quarter to the lowest since the 1970s, according to the data...
Turkish Lira Crashes to Record Low on Worries Over Economy, U.S. Row Turkey’s lira plunged as much as 14 percent on Friday as worries about President...
Emerging Market Turmoil Boosts Safe-haven Euro Zone Debt, Italy Suffers Most euro zone bond yields fell on Friday, with German borrowing costs at three-week lows as...
CBN Injects $210m Into Forex Market The Central Bank of Nigeria (CBN) yesterday injected $210 million into the inter-bank Foreign Exchange (forex) Market. The move was...
Dollar Stable Following Weak U.S. Job Numbers The U.S. dollar remained fairly steady against counterparts during Asian trading session on Monday despite the weak non-farm payrolls...
UK Services Sector Expands at 3-month Low in July; Raises Questions Over BOE Decision The largest sector in the U.K., services sector, expanded at a three...
Job Creation Slows in U.S in July Businesses in the world’s largest economy U.S. created fewer jobs than expected last month as new job creation in...