Dollar Falls as Fed Rate-Cut Bets Rise, Bitcoin Hits Record High Amid Global Market Pause
Global markets paused for breath on Thursday as traders ramped up bets that the U.S. Federal Reserve will cut interest…
Category: Market
FMDQ Announces Equity Market Launch to Rival NGX Amid Strong 2024 Growth
Nigeria’s FMDQ Group, owner of the country’s leading fixed income securities exchange, has confirmed plans to launch its own equity…
Asian Markets Rally as US-China Tariff Truce Boosts Investor Confidence
Asian stock markets gained on Tuesday, with Japan’s Nikkei reaching an all-time high, as the United States and China extended…
Global Markets Rally as U.S.–China Tariff Truce Extended; Focus Shifts to Key U.S., UK Economic Data
Global markets started the day on a strong note after the United States and China agreed to extend their tariff…
Debt Market Warning Signs Raise Red Flags for Overheated Stocks
Global investors are turning cautious on corporate credit markets, warning that current pricing levels are far too optimistic given slowing…
FCMB Pensions Limited Tops Nigerian Pension Fund Performance with 5.68% Return in July 2025
Nigeria’s pension industry demonstrated resilience in July 2025, delivering positive returns across all Retirement Savings Account (RSA) fund categories despite…
European Pharma Stocks Slide Amid Trump Tariff Threats and Bayer’s Legal Woes
European pharmaceutical stocks took a hit on Wednesday after former U.S. President Donald Trump threatened tariffs of up to 250%…
Nigeria’s Business Confidence Climbs for Sixth Month in 2025; Manufacturing Sector Drives Economic Recovery
Nigeria’s Business Performance Index showed sustained growth for the sixth consecutive month in June 2025, reflecting growing confidence and resilience…
Asian Markets Brace for Sharp Decline as US Tariffs Escalate Trade Tensions
Asian shares are on track for their worst weekly drop since April following the US government’s decision to impose steep…
Bank of Ghana to Relaunch Gold Coin Under “Cedi@60” to Boost Gold Ownership and Financial Inclusion
As part of the “Cedi@60” commemorative program, the Bank of Ghana (BoG) has announced plans to relaunch the Ghana Gold…
Asian Markets Fall on Weak China Data, Strong Yen; Global Tariffs and BOJ Outlook Stir Investor Caution
Asian stocks declined on Thursday, weighed down by disappointing Chinese economic data and a sharp drop in copper prices. The…
Global Markets on Edge as Trump’s Tariff Blitz Shakes Trade and Commodities
Markets are navigating a high-stakes week filled with major corporate earnings, economic data, and central bank decisions, all while preparing…
Asian Markets Waver Ahead of Fed Decision and U.S. Tariff Deadline
Asian markets were mixed on Wednesday as investors digested the lack of progress in U.S.-China trade negotiations and prepared for…
Nigerian Stock Market Hits 18-Day Bull Run as NGX Rallies Past ₦85 Trillion — Investors Flock to Equities Amid Strong Earnings
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of gains, a feat last…
Asian Stocks Slip, Dollar Rises Ahead of Tariff Deadline and Global Central Bank Decisions
Asian stock markets eased on Friday as investors took profits after recent gains, with Japan’s market retreating slightly from record…
Nigerian Stock Market Gains N69bn Amid Mixed Investor Sentiment
The Nigerian stock market continued its bullish trend during midweek trading, with a total gain of ₦69 billion in market capitalization.…
10-Year Treasury Yields Inch Up as Trump Visits Fed, Heightening Rate-Cut Pressure
The yield on the 10-year U.S. Treasury ticked up slightly early Thursday, rising 1 basis point to 4.4%, as financial…
Asian Markets Surge as Trade Optimism and Corporate Earnings Boost Confidence
Asian stocks rallied on Thursday as growing optimism surrounding trade agreements and strong corporate earnings lifted investor confidence across global…
European Corporate Earnings to Dip in Q2 as Tariff Tensions Mount
European corporate earnings are expected to decline slightly in the second quarter of 2025, according to the latest forecasts, amid…
Nigerian Equities Set to Sustain Gains Amid Strong Half-Year Earnings Expectations
The Nigerian equities market is poised to maintain its bullish trajectory, bolstered by heightened investor expectations for robust half-year (H1)…
Nigerian Stock Market Surges: Investors Gain N6.9 Trillion in 10-Day Bull Run
The Nigerian equities market has witnessed an extraordinary 10-day winning streak, during which investors collectively gained N6.902 trillion. This surge…
Wall Street Rises Slightly as Strong Retail Sales and PepsiCo Earnings Boost Market Sentiment
Wall Street posted modest gains on Thursday as encouraging retail sales data and strong earnings from key companies helped buoy…
NGX Raises Over N4.63 Trillion in H1 2025 as Investor Confidence Surges
In the first half of 2025, the Nigerian Exchange (NGX) raised over N4.63 trillion through corporate and sovereign instruments, marking…
Stocks Steady as Investors Eye Tech Earnings and Fed Uncertainty
Global markets remained steady on Thursday as investors awaited key earnings reports from major technology firms such as TSMC and…
Nigerian All-Share Index Soars Past 128,000 Points as Investors Gain N1.44 Trillion
The Nigerian equities market recorded a significant surge as the All-Share Index (ASI) climbed above the 128,000-point mark, closing at…
Nigeria’s Eurobonds Lead Africa in H1 2025 as Reforms Boost Investor Confidence
In the first half of 2025, Nigeria’s Eurobonds outperformed those of other African nations, recording the sharpest decline in yields—a…
Renault Shake-Up, European Stocks Drop Amid U.S. Inflation and Trade Tensions
French carmaker Renault has appointed Duncan Minto as interim CEO following the unexpected resignation of Luca de Meo last month.…
Asian Markets Dip as Dollar Rises on Diminished Fed Rate Cut Hopes Amid Inflation Fears
Asian stock markets faced pressure on Wednesday following signs of rising U.S. inflation linked to fresh tariffs, which weakened expectations…
Naira Rallies to Four-Month High at ₦1,518/$ Amid Renewed CBN Interventions
The Nigerian naira recorded its strongest performance in four months on Monday, appreciating to ₦1,518/$ on the official market. This…
Markets Unmoved by Trump Tariff Threats, but Bond Investors Show Caution
European markets appeared largely indifferent to Donald Trump’s latest threat to impose 30% tariffs on EU and Mexican imports starting…