The growing Brexit anxieties and elevated concerns over the impact of a Brexit vote on the global economy have been major themes which continue to dominate the financial markets. Since Boris Johnson’s shocking decision to join the Brexit camp...
Nigeria's central bank is "reasonably optimistic" the naira will settle at around 250 to the U.S. dollar after an initial period of weakness following a flotation on Monday, the bank's governor has said in a letter to President Muhammadu...
The Sterling was left under immense pressure during trading on Thursday as the mounting Brexit anxieties repeatedly haunted investor attraction towards the currency. Most Pound pairs were already heavily depressed, and could be poised to sink to unforeseen levels...
No easing, no Yen relief. This is the message markets are trying to send the Bank of Japan (BoJ) after the central bank refrained from easing monetary policy. Deposit rates remained at -0.1% and the annual pace of its...
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A sense of unease lingers across the financial markets ahead of the heavily anticipated FOMC statement, while the ongoing Brexit fears have rekindled a wave of jitters which consequently has punished global stocks. Most major markets dug deeper into the...
Another session of risk aversion sent global equities sharply lower on Monday due to concerns that Britons are leaning towards leaving the European Union. Most recent polls from ORB, ICM, and YouGov showed that the Brexit campaign has extended its...
A wave of risk aversion dispersed across the global markets during trading on Monday as the unappetizing combination of heightened Brexit anxieties and elevated concerns over slowing global growth weighed heavily on investor sentiment. Stock markets were painted in...
SAN FRANCISCO, June 13, (THEWILL) - The Naira on Monday dipped against the dollar at the parallel market.
NAN reports that the Nigerian currency shed N8 to exchange at N360 to the dollar, from N352 it traded on Friday.
Also, the...
U.S. telecommunications rivals Verizon Communications Inc and AT&T Inc are set to go through to the third and final round of bidding in the auction for Yahoo Inc's core internet assets, according to people familiar with the matter.
After holding...