Sterling to stay low for forseeable future, say long-term forecasters
Businessam StaffJuly 26, 2017
Sterling is set to stay low for the long-term, as major investment managers see no reason for the currency to recover in the years to
Sterling inches up after worst week against euro in nine months
Businessam StaffJuly 24, 2017
Sterling recovered from its worst week against the euro in nine months on Monday as investors took profit on gains for the single
After 3-year break, Greece returns to bond market with 5-year bonds
Businessam StaffJuly 24, 2017
Greece will return to the bond market after a three-year hiatus, banking on investor interest in its recovery story. The country,
Currency traders paying costly for protection against dollar plunge
Businessam StaffJuly 24, 2017
With the Federal Reserve expected to hold interest rates steady Wednesday, traders in the $5.1-trillion-a-day currency market are
Global shares mixed as attention turns to fed meeting
Businessam StaffJuly 24, 2017
Global shares meandered Monday as market attention turned to the U.S. Federal Reserve meeting later in the week. Japanese shares
Euro surge to two-year high prompts stocks pause
Businessam StaffJuly 21, 2017
The euro’s surge to an almost two-year high dominated financial markets on Friday, with most major stock exchanges consolidating after
Positive corporate results strengthen investor sentiment in Nigerian equities
Businessam StaffJuly 20, 2017
The overall attitude of investors toward Nigerian equities strengthened Thursday as market breadth (advancers/decliner’s ratio) rose
Nigeria capital market regulator gives operators deadline on compliance to set rules
Businessam StaffJuly 20, 2017
The Securities and Exchange Commission (SEC) Nigeria has mandated all capital market operators (CMOs), experts and professionals
Rand Takes Top Spot as Emerging Markets Are Back in Vogue
Businessam StaffJuly 19, 2017
South Africa’s rand is the best-performing currency in emerging markets since Janet Yellen last week signaled that the Federal Reserve
Dollar weakness, China cheer lift Asia stocks, commodities
Businessam StaffJuly 19, 2017
The dollar huddled near multi-month lows on Wednesday as investors wagered any further tightening in the United States would be slow