Dollar
Dollar weakness, China cheer lift Asia stocks, commodities
The dollar huddled near multi-month lows on Wednesday as investors wagered any further tightening in the United States would be…
NAFEX watch forces MSCI to delay Nigeria’s index reclassification
The Central Bank of Nigeria’s (CBN) introduction of the investors/exporters FX window popularly referred to as NAFEX and the consistent…
Gaps in multiple forex rates narrow, naira opens at N364/$ Wednesday
Strong interventions by Central Bank of Nigeria (CBN) geared towards achieving stability amidst convergence in the exchange rate of the…
World stocks set to end the week at all-time highs
World stocks hit record highs, having gained 11 percent so far this year, and the dollar recovered more ground on…
Ballooning Chinese dollar borrowing a dilemma for index trackers
Record-breaking dollar bond sales from Chinese companies are steadily increasing China's weight in global indexes, raising concerns about overexposure among…
The markets frustrate OPEC’s efforts to push up oil prices
Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale…
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