**Key Takeaways:** - The Federal Reserve has maintained rates in March while signaling two potential cuts in 2024, reinforcing expectations of a policy pivot. - Quantitative Tigh...
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Olusegun Enujowo
Spot gold was down 0.1% at $2,984.71 an ounce in early London trading but clocked a weekly gain of about 2.9%, having also touched an all-time high of $3,004.75 11.18 AM server time on Friday(today).&...
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Olusegun Enujowo
ASIA STOCKS: Rise on China HopesMost Asian stocks rose on Friday tracking record highs on Wall Street and optimism over more policy relief for China. Regional markets took a positive lead-in from Wall...
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Olusegun Enujowo
CURRENCY- EURUSD, GBPJPYToday, as at the time of this post, EUR/USD exchange rate is trading around 1.03998 USD, having increased by 0.03% over the past 24 hours. However, it continues to struggle to ...
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Olusegun Enujowo
Currencies: Most Asian currencies inched higher on Tuesday as investors cheered signals of more stimulus measures from China, while the Australian dollar fell 0.7%, and was hovering near a four-month ...
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Olusegun Enujowo
In Europe, the Stoxx 600 is trading lower, currently at -0.35%. New economic data raised concerns about the European economy, with Germany's GDP contracted more than expected last week, along with wea...
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Olusegun Enujowo
In Europe, the Stoxx 600 Index stagnated (-0.25%) after three consecutive days of gains. Notable movements include Burberry Group 6.7% drop due to revenue target concerns. Siemens, however, climbed on...
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Olusegun Enujowo
European stocks experienced a surge, influenced by positive investor sentiment following cooler-than-expected inflation data in the US and UK. The Stoxx 600 Index is up over 0.65%. In the UK, the GBP ...
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Olusegun Enujowo
Global markets have a muted start to a slow day. Anticipation builds around central bank officials' speeches later today, expected to shed light on the interest rate trajectory and address market expe...
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Olusegun Enujowo
We see ongoing thin trading but sign of a shift in sentiment as investors become increasingly concerned whether they were not too optimistic about upcoming rate cuts. European markets opened slightly ...
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Olusegun Enujowo
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Kobi
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Adefuwa Ayodele