In Debt We Trust for U.S. Consumers With $12.7 Trillion Burden After deleveraging in the aftermath of the last U.S. recession, Americans have once again taken...
China’s Yuan Becomes an Improbable High-Yield Haven As global investors turn increasingly risk averse amid tense relations between North Korea and the U.S., China’s currency is...
External Reserves Rises to Two-Year High The Nigerian foreign exchange reserves rose to a two-year high in August. According to the Central Bank of Nigeria, the...
Gold, Yen Gain on North Korea Tension; Stocks Drop A risk-off tone gripped markets on Wednesday, with gold and the Japanese yen advancing and Treasuries edging...
Rand Poised to Surge If Zuma Loses Secret No-Confidence Ballot The South African rand could surge if President Jacob Zuma is ousted by a motion of...
Investors Jump Back Into the Euro as Going Short Proves ‘Lethal’ Hedge funds. Asset managers. Central banks. These are just some of the players in the...
Fed Officials Keen to Shrink Balance Sheet Despite Low Inflation Two Federal Reserve officials said soft U.S. inflation was a problem as they played down the...
CBN Boosts FX Market With $195m The Central Bank of Nigeria on Monday boosted the Foreign Exchange market by $195m intervention in three segments of the...
Oil Trades Near $49 Before OPEC Talks on Output Cut Compliance Oil traded near $49 a barrel before representatives of OPEC nations meet with their allies...
U.K. Economy Takes a Hit as Consumer Spending Slumps Further U.K. consumers cut back on spending for a third month in July, putting them in their...
