- 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 were mixed as a hawkish statement from a Fed official rattled mega stocks
Wall Street and European markets rally in anticipation that lower oil prices will reduce global inflation risk
Meta platform earnings underperformed analysts’ expectations; its Q2 2026 results showed adjusted earnings per share (EPS) declining 31.5% year on year to $6.18, well below the $8.58 estimated by Bloomberg.
Global equities markets were broadly negative, with sell pressure across Asia and the United States, while European stocks bucked the trend amid shifting investor sentiment.
Global Markets Dab on US Rate Hike Projection, AI Spending Concern Global markets sentiment shifted…
The European Commission’s (EC) push to improve banks’ cross-border fungibility of capital and liquidity could remove
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