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Category: Market

U.S. Stock Futures Steady After Early Week Surge Amid Trade Optimism, Fed in Focus
BusinessInternationalMarket

U.S. Stock Futures Steady After Early Week Surge Amid Trade Optimism, Fed in Focus

After a strong start to the week driven by positive economic signals, U.S. stock futures held steady early Wednesday as…

byEkeminiMay 14, 2025May 14, 2025
U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
InternationalMacroeconomicMarket

U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions

In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs on…

byEkeminiMay 12, 2025May 12, 2025
Global Markets Surge Amid Trade Deal Hopes and Fed Uncertainty
FinanceInternationalMarket

Global Markets Surge Amid Trade Deal Hopes and Fed Uncertainty

On Thursday, Asian shares saw a rise, driven by optimism surrounding a potential trade deal between the U.S. and Britain,…

byEkeminiMay 8, 2025May 8, 2025
European Markets Dip Amid Tariff Concerns and Disappointing Earnings from ASML
FinanceInternationalMarket

European Markets Dip Amid Tariff Concerns and Disappointing Earnings from ASML

European markets opened lower on Wednesday, continuing the trend of uncertainty driven by concerns over U.S. trade tariffs. The pan-European…

byEkeminiApril 16, 2025April 16, 2025
U.S Stock Futures Rise on Auto Tariff Exemption Hopes Amid Ongoing Uncertainty
InternationalMacroeconomicMarket

U.S Stock Futures Rise on Auto Tariff Exemption Hopes Amid Ongoing Uncertainty

U.S. stock index futures edged higher on Tuesday, driven by optimism that the auto sector could receive tariff relief. President…

byEkeminiApril 15, 2025April 15, 2025
Autos Drive European Markets Up as Trump Hints at Tariff Relief
InternationalMarketTrade

Autos Drive European Markets Up as Trump Hints at Tariff Relief

European markets opened on a strong note Tuesday, with the Stoxx 600 up over 1.2% by mid-morning, powered by a…

byEkeminiApril 15, 2025April 15, 2025
European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers
InternationalMarket

European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers

European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors turned green. Technology…

byEkeminiApril 14, 2025April 14, 2025
Nigerian Stock Market Declines by 0.18% as LIVESTOCK and VFDGROUP Lead Gainers
BusinessinvestmentLocalMarket

Nigerian Stock Market Declines by 0.18% as LIVESTOCK and VFDGROUP Lead Gainers

The Nigerian All-Share Index (ASI) experienced a decline of 0.18% on April 9, 2025, closing at 104,187.00, down from the…

byEkeminiApril 10, 2025April 10, 2025
Investors Turn Bearish on U.S. Dollar Amid Trump Tariff Concerns
InternationalMacroeconomicMarket

Investors Turn Bearish on U.S. Dollar Amid Trump Tariff Concerns

As U.S. President Donald Trump prepares to roll out new tariffs, investors are shifting away from the U.S. dollar, showing…

byEkeminiApril 2, 2025April 2, 2025
Trump Threatens Larger Tariffs on Canada, EU Over Economic Harm to U.S.
BusinessInternationalMarket

Trump Threatens Larger Tariffs on Canada, EU Over Economic Harm to U.S.

U.S. President Donald Trump has warned that he could impose significantly higher tariffs on Canada and the European Union (EU)…

byEkeminiMarch 27, 2025March 27, 2025
Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend
BusinessInternationalMarket

Global Stocks Drop as Trump Announces New Auto Tariffs, China Defies the Trend

Global stock markets took a hit on Thursday following U.S. President Donald Trump’s announcement of new 25% tariffs on automotive…

byEkeminiMarch 27, 2025March 27, 2025
European Markets Rise on Germany’s Debt Reform and Trump-Putin Call
InternationalMacroeconomicMarket

European Markets Rise on Germany’s Debt Reform and Trump-Putin Call

European stock markets closed higher on March 18, 2025, with investors focusing on key developments including Germany’s landmark fiscal reform…

byEkeminiMarch 24, 2025March 24, 2025
European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss Ceasefire
InternationalMacroeconomicMarket

European Markets Rise as Germany Passes Debt Reform, Trump and Putin Discuss Ceasefire

European stock markets saw a positive close on Tuesday, with investor attention focused on Germany’s approval of a historic debt…

byEkeminiMarch 19, 2025March 19, 2025
Naira closes flat across FX markets
BusinessFinanceMarket

Naira closes flat across FX markets

The naira remained stable across Nigeria’s foreign exchange markets on Tuesday as dollar demand eased slightly. At the Electronic Foreign…

byEkeminiDecember 18, 2024December 18, 2024
Stock Market Gains N330.24bn on Strong Demand for Aradel Holdings and Others
BusinessMarketStock

Stock Market Gains N330.24bn on Strong Demand for Aradel Holdings and Others

The Nigerian stock market kicked off the week on a positive note, driven by a surge in investor interest for…

byEkeminiDecember 17, 2024December 17, 2024
Naira appreciates to N1,660/$ in parallel market
FinanceMarket

Naira appreciates to N1,660/$ in parallel market

The Naira appreciated in the parallel market yesterday, trading at N1,660 per dollar, a slight improvement from N1,662 per dollar…

byEkeminiDecember 17, 2024December 17, 2024
Equity market gains N704bn
FinanceMarketStock

Equity market gains N704bn

The Nigerian equity market soared by N704bn over six days, pushing the market capitalization above N60tn. At Monday’s close, the…

byEkeminiDecember 17, 2024December 17, 2024
NGX slams 3,792 sanctions on erring brokers
FinanceMarketStock

NGX slams 3,792 sanctions on erring brokers

The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on trading license holders over the past 13 years to…

byEkeminiDecember 16, 2024December 16, 2024
Rupee slips to record low but central bank steps in to curb losses
InternationalMarket

Rupee slips to record low but central bank steps in to curb losses

On December 12, the Indian rupee reached an all-time low of 84.88 to the U.S. dollar, marking a 0.04% decline.…

byEkeminiDecember 12, 2024December 12, 2024
Stocks steady as investors cautiously await US inflation data
InternationalMarketStock

Stocks steady as investors cautiously await US inflation data

Stocks remained steady on December 11 as investors awaited key U.S. inflation data, which could influence future Federal Reserve rate…

byEkeminiDecember 11, 2024December 11, 2024
India rupee hits record low, bond yields dip as a change of guard at RBI spurs rate cut bets
InternationalMarket

India rupee hits record low, bond yields dip as a change of guard at RBI spurs rate cut bets

The Indian rupee slipped to a historic low of 84.85 per U.S. dollar on Tuesday, while 10-year bond yields dropped…

byEkeminiDecember 10, 2024December 10, 2024
Asia stocks slip on South Korea turbulence, China disinflation
InternationalMarketStock

Asia stocks slip on South Korea turbulence, China disinflation

Asian stock markets faced a challenging start to the week as South Korean stocks tumbled by 2.4%, driven by political…

byEkeminiDecember 9, 2024December 9, 2024
Asian Stocks Stumble Amid South Korean Political Turmoil and Global Market Uncertainty
InternationalMarket

Asian Stocks Stumble Amid South Korean Political Turmoil and Global Market Uncertainty

Asian markets faced turbulence as South Korean political upheaval weighed heavily on sentiment. The imposition and subsequent lifting of martial…

byEkeminiDecember 4, 2024December 4, 2024
Dangote Cement Becomes Most Capitalized Stock on NGX
BusinessMarketStock

Dangote Cement Becomes Most Capitalized Stock on NGX

Dangote Cement has surpassed Airtel Africa and 11 other companies to become the most capitalized stock on the Nigerian Exchange…

byEkeminiDecember 3, 2024December 3, 2024
Asia and Europe stocks climb on the US lead while dollar dips
InternationalMarketStock

Asia and Europe stocks climb on the US lead while dollar dips

Asian and European stock markets saw strong gains on December 3, following a rally in US tech stocks that pushed…

byEkeminiDecember 3, 2024December 3, 2024
Euro Steadies as France Political Crisis Worsens Investor Concerns
InternationalMarket

Euro Steadies as France Political Crisis Worsens Investor Concerns

The euro stabilized on Tuesday, recovering slightly after political turmoil in France heightened market volatility. French Prime Minister Michel Barnier…

byEkeminiDecember 3, 2024December 3, 2024
Forex Turnover in NAFEM Jumps 62 Percent to $43 Billion Amid Naira’s Mixed Performance
CryptoMarket

Forex Turnover in NAFEM Jumps 62 Percent to $43 Billion Amid Naira’s Mixed Performance

The Nigerian Foreign Exchange Market (NAFEM) recorded a 61.9% year-on-year increase in dollar turnover, reaching $43.09 billion in the first…

byEkeminiDecember 3, 2024December 3, 2024
CBN’s interest rate hike deflates stock market performance
BusinessLocalMarket

CBN’s interest rate hike deflates stock market performance

The Nigerian Exchange Limited (NGX) closed last week on a negative note, reflecting the impact of the Central Bank of…

byEkeminiDecember 2, 2024December 2, 2024
Bitcoin Faces Volatility as Traders Hedge Against Decline
CryptoInternationalMarket

Bitcoin Faces Volatility as Traders Hedge Against Decline

Bitcoin’s recent failure to surpass the $100,000 milestone has prompted a wave of caution among investors, evidenced by a shift…

byEkeminiDecember 2, 2024December 2, 2024
Euro’s bruising leaves global investors on edge
InternationalMarket

Euro’s bruising leaves global investors on edge

The euro has dropped by over 3% against the U.S. dollar in November, heading toward its worst month since early…

byEkeminiDecember 2, 2024December 2, 2024

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