Tuesday, July 5, 2022
MARKET UPDATE
Advertisement

TheCable

Tag "FXTM"

Brent crude passes $63 as risk-on sentiment soars

    Brent crude passes $63 as risk-on sentiment soars

Oil prices kicked off the week on a strong footing, hitting a new 13-month high in early Asian trade. The robust recovery in oil prices and industrial metals over the

0 comment Read Full Article

The winning habits of successful forex traders

    The winning habits of successful forex traders

BY ABIOLA AKINLEYE Who is a forex trader? A forex trader is an individual who exchanges one currency for another in the global financial market. The financial market is an over-the-counter

0 comment Read Full Article

Higher US interest rates burn through Nigeria’s reserves

    Higher US interest rates burn through Nigeria’s reserves

Defending the Nigerian Naira against the mighty Dollar has come at a steep price to the central bank of Nigeria in the form of falling reserves. Nigeria’s foreign exchange reserves

0 comment Read Full Article

INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

    INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

The monetary policy committee of the Central Bank of Nigeria has kept interest rate at 14% for two years. Analysts and businesses alike have expected that the committee to cut

0 comment Read Full Article

Naira stable as rand, peso tumble

  Naira stable as rand, peso tumble

The Nigerian Naira maintained stability against the Dollar on Thursday despite growing expectations over higher US interest rates this year.

0 comment Read Full Article

ALERT: Turkish lira crisis may put the naira at risk

  ALERT: Turkish lira crisis may put the naira at risk

The naira may be affected by the ongoing financial turmoil which has seen the Turkish lira lose 40% of its

0 comment Read Full Article

Global stocks crumble on risk aversion, Pound higher

  Global stocks crumble on risk aversion, Pound higher

Investors have entered the second trading quarter of 2018 on a mission to avoid riskier assets amid the escalating trade

0 comment Read Full Article

‘Nigeria’s economic recovery poised to build momentum in Q2’

  ‘Nigeria’s economic recovery poised to build momentum in Q2’

Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The

0 comment Read Full Article

World Bank: Cryptocurrencies are basically Ponzi schemes

  World Bank: Cryptocurrencies are basically Ponzi schemes

Jim Yong Kim, World Bank president, says cryptocurrencies are like Ponzi schemes. Kim joined other experts who have warned against

0 comment Read Full Article

Central Bank of Nigeria steals the spotlight in January

  Central Bank of Nigeria steals the spotlight in January

Investor sentiment towards the Nigerian economy was dealt a slight blow, after the MPC cancelled the January meeting due to their “inability

0 comment Read Full Article
1 2 3 5