Yields Approaching 3% Are Good News for Dollar Bulls Dollar bulls looking for a breakout are finally finding support from U.S. interest rates as Treasury yields...
BOJ Watchers Push Back Expectations for Policy Adjustment Compared with a month ago, only half as many economists now expect the Bank of Japan to adjust...
Naira Depreciates to Dollar The Naira on Wednesday depreciated to N360.16 to the dollar at the investor’s window, losing 70kobo from N360.09 traded on Tuesday. Trading...
CBN Injects Fresh $210m Into Forex Market The Central Bank of Nigeria has intervened with another sum of $210m in the foreign exchange market to meet...
KPMG Business Survey Highlights Forex Risk in Nigeria A survey of 94 executives of multinationals, large sized public and private companies across various industries that was...
U.K Wages Rise Faster Than Inflation Rate Wages in the U.K. grew at a faster pace than inflation for the three months through February. Average earnings...
U.S. Consumer Spending Surges in March The U.S. retail sales grew more than expected in March, making it the first gain in four months and suggested...
ECB Looks Down Stimulus Exit Path as Politics Threaten Economy The European Central Bank is finding out just how tricky its policy path could be in...
Naira Drops to 363/Dollar The naira recorded marginal weakness at the parallel market on Wednesday, one week after the Central Bank of Nigeria’s Monetary Policy Committee...
U.K. Consumer Spending Growth Cools to Weakest in Almost Two Years U.K. household spending grew at the slowest pace in almost two years last month as...