- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
- Transcorp Power Posts N83bn Profit in Q3, Boosts Margin
- NCDC Identifies Bundibugyo Strain in Abuja Ebola Case
- SK Hynix Postpones Plan to Take Solidigm Public
- Nvidia Tokenized Stock Dips as Market Cap Falls to $5.12trn
- Standard Chartered Signs Agreement to Buy Zodia Custody 100%
News
Oil prices continued to rise Friday as tensions over vessel transits through the Strait of Hormuz…
Ripple (XRP) selloffs slowed, with the price hovering around $1.32 on Friday…
Global equities markets sank amid rising concerns about AI sustainability and financing, driving sell pressure in top tech stocks in the US, Europe, and Asia.
Bitcoin Cash (BCHUSD) price dipped 0.96% to $448.10 on Monday, underperforming a slightly weaker Bitcoin, amid a risk-off rotation away from altcoins ahead of a major Federal Reserve policy decision.
The euro (EURUSD) climbed to $1.17 on Monday as the US dollar rally slowed amid a new proposal from Iran that could end the Middle East war, while markets awaited economic data releases.
The British pound stabilised above $1.35, recovering from a two-week low, as investors prepare for a week filled with significant economic data and global interest rate decisions while also monitoring US-Iran peace talks.
Akwa Ibom Govt Heightens COVID-19 Surveillance The Akwa Ibom Government has activated heightened COVID-19 surveillance…
Equity prices shed 0.5% as measured by the Nairobi Securities Exchange (NSE) All-Share Index last week. The decline was largely driven by reduced performance in the commercial (-2.1%), energy (-1.5%), and banking (-1.0%) sectors, according to Pergamon Investment Bank.
Oil prices increased on Monday amid concerns that the Strait of Hormuz blockade could delay market recovery for several months, even if passage is reopened.
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
