CBN disowns purported $46 billion grant approval
However, the apex bank, while sharing an image of the document on X, said: “This content is FAKE. Let the public be guided.” The post CBN disowns purported $46...
Daily Forex News & Market Updates
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Aussie housing crisis: COVID-era borrowing rules blamed for barring first home-buyers from loans
Lending rules introduced during the pandemic five years ago are being blamed for locking out first home-buyers and restricting the supply of new housing.
Soaring oil price set to hammer ASX again
The Australian sharemarket is set for another rough day after the price of oil surged again, nearing $US110 a barrel.
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
EUR/AUD hit one week high on Thursday after the ECB raised interest rates and signaled persistent inflation risks from the war-related energy shock, boosting...
Market Turbulence: Inflation Fears Push Yields Higher
US stock markets experienced a downward trend as inflation worries persisted exacerbated by the European Central Banks decision to raise interest rates This move...
Wall Street dips after US wholesale inflation data, oil climbs
By Marc Jones and Pete Schroeder LONDON/WASHINGTON, Sept 10 (Reuters) - U.S. stocks fell and yields rose on Thursday following another rise in key U.S. inflation...
BlackRock Sees New Income Opportunities as Bond Yields Rise
BlackRock's recent commentary points to rising government bond yields opening new income avenues for investors. The post BlackRock Sees New Income Opportunities as...
Surging oil prices, higher bond yields weigh on stocks
NEW YORK: Oil prices surged Thursday (Sep 10) as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached...