The United States (U.S) Treasury yield curve steepening shows it is behaving according to the traditional pattern
NGX Slumps as Investors' Switched Trade Direction
Following a late switch in market direction, the equities segment of the Nigerian Exchange, NGX, slid Thursday over selloffs in a number of, banking and Insurance companies’ shares after three days of rallies.
The decline occurred following a quarterly report that indicates that the...
Oil Prices Tank after Fed Rate Hike
Crude oil prices fell on Thursday after the Federal Reserve booked a 25 basis points rate hike amid concerns surrounding the US banking sector and worry over lower oil demand.
International benchmark Brent crude traded at $76.27 per barrel, translating a 0.55% decrease from...
