- Nigeria Inflation Rate Forecasted to Slow to 13.59% in October
- Naira Loses N7 as Bonny Light, Nigeria’s US Dollar Reserves Ease
- Ethereum Tumbles as Rising Fed Rate Hike Odds Trigger Crypto Selloff
- African Currencies Mixed as Dollar Posts Strongest Week Since October
- Cardano Lost 8% as Hoskinson Says He Never Promised Price Gains
- Pi Network Loses 12% as Top Cryptocurrencies Tumble
- Fitch Affirms Namibia at ‘BB-’ with Stable Outlook
- XRP Plunges by 10% to $0.9146 on Aggressive Selloffs
Global Market
US and European indexes edge higher as AI stocks draw buying interest amid an Nvidia CEO scandal.
Nvidia’s share price, the world’s second-most valuable company (after Apple Inc.), fell 4.3% to close at $178 amid a scandal involving its chief executive officer, Jensen Huang.
Renewed appetite for technology and AI names is lifting Asian risk sentiment and extending Friday’s US rebound
Global equities markets indicators edged lower again amid growing risk aversion, with investors replacing risky assets with bonds following a sharp rise in US Treasury yields.
With a downtrend in US and European stocks, global equities market indicators declined as rising energy costs shifted investor sentiment away from riskier assets.
XRP Ticks as Successful Payments Processed on Ledger Spikes
The European and US equity markets diverged as a softer-than-expected consumer price index print shaped investors’ sentiment across the global indices.
US Energy Agency Hikes Crude Price Forecast, Oil Flow Falls 77% US Energy Information Administration…
Binance Coin Jumps on BEP-675 Network Upgrade Catalyst Binance Coin (BNB) price jumped by 3.30%…
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