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U.S. Futures Reverse Drop, Bonds Up on Fed Pledge
U.S. equity futures reversed a decline and Treasuries extended an advance after the Federal Reserve on Monday…
Wall Street braces for another bleak week, with coronavirus risks amplified
Wall Street analysts and investment managers expect another rough week for U.S. markets, as coronavirus cases and…
Bitcoin May Need Months to Recover, Fundstrat Chartist Says
Bitcoin’s technicals are in rough shape after its spectacular tumble last week and a recovery might take months,…
Goldman Injects $1 Billion Into Own Money-Market Funds After Heavy Withdrawals
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due…
World Leaders Set Aside $1.7trillion To Help Failing Economies
Governments around the world have announced massive amounts of fiscal stimulusthis week, aiming to limit the…
Wall Street Weekahead: Coronavirus Uncertainty Muddies Views On Buying…
U.S. stock valuations are tumbling in the wake of the coronavirus-fueled market rout, but determining when…
Boeing Suspends Dividend Payment
Boeing Co (BA.N) will cancel CEO pay, suspend its dividend and extend a pause on share buybacks, the U.S.…
stocks record worst week since the global recession of 2008
US stocks ended Friday's session lower, although the losses were more contained than they have been in previous…
Stock market loses N371bn in one day
Transactions on the Nigerian Stock Exchange on Thursday halted the previous day’s gain with a loss of 3.12 per…
Wall Street’s New Virtual Workplace May Outlast the Virus
‘The outbreak has created the urgency to try out new ideas’
In Hong Kong, bankers have learned to win stock…
The Only Question on South African Rate Cut May Be ‘How Much?
The debate around South African interest rates has now moved from whether the central bank will cut, to how much…
Nigeria stocks record mid-day gain of N150bn despite Coronavirus fears
Equity investors at the Nigerian Bourse are buying value stocks despite renewed fear of Coronavirus (COVID19)…
Nigeria to delay proposed $3.3bn Eurobond on coronavirus concerns
Nigerian government will delay this year’s issuance of the $3.3bn it had initially planned because “the time is not…
Stocks market sees choppy gains in early trading on NSE
Barely one hour into stock trading session on Monday March 16, investors were seen snapping value stocks that are…
Gold Climbs After Fed Cuts Interest Rates as Virus Spreads
Gold jumped in early Asian trading after the Federal Reserve cut its benchmark interest rate by a full percentage…
Johannesburg Stocks Fall Most Since 1997 in ‘Panic’ Sell-Off
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Dow tanks 2,300 in worst day since Black Monday, S&P 500 bear market
It was a historic day on Wall Street. The Dow plunged 10% for its worst day since Black Monday in 1987. The…
Global stocks plunge after Trump announces coronavirus response package
US stock futures and markets around the world slid late Wednesday night as concerns about the economic fallout from…
US stocks surged into the close to end a volatile session on Tuesday.
Sharp mid-day fluctuations came as investors weighed the possible timing of a government stimulus package…
Oil Drop May Force Nigeria to Devalue Naira as Reserves Sink
The plunge in oil prices is piling pressure on Nigeria to devalue the naira as dwindling export revenue depletes…
Dow rebounds 1,167 points a day after suffering worst plunge since financial…
US stocks surged into the close to end a volatile session on Tuesday.
Sharp mid-day fluctuations came as…
Coronavirus: £130bn wiped off FTSE 100 in minutes
The FTSE 100 has seen more than £130bn wiped from the value of its constituent companies within minutes, in a…
Much worse than 2008 Global Financial Crisis?
The breathtaking volatility that has rocked the stock market for two weeks is rippling through other asset classes…
Aramco Drops Below IPO Price in Blow to Saudi Economic Plan
Saudi Aramco shares dropped below their IPO level for the first time as a looming price war in global crude…
No One Wants to Be a Nigerian Stock Trader as Volumes Plunge
Stockbrokers are out of fashion in Nigeria.
Not a single company registered to become a dealer on the West…
The U.S. May Already Be in a Recession
Let’s just say it: The longest economic expansion in U.S. history may already be over, killed by Covid-19.
It…
Traders Dust Off Old Disaster Hedge With Virus Fear Escalating
When markets are in turmoil, traders turn to their favourite hedges.
They’re going for a classic form of…
What does Coronavirus outbreak mean for investors?
From Wuhan, one of China’s most populous cities, the 2019 novel Coronavirus (2019-nCoV) has now spread to 74 more…
US markets in sharp drop amid rollercoaster over coronavirus
US stock markets closed sharply lower again on Thursday as fears about fallout from the virus outbreak sent more…
Nigeria Senate Approves President’s $23 Billion Loan Request
Nigeria’s Senate approved President Muhammadu Buhari’s plan to borrow $22.7 billion from external creditors to…