MARKET NEWS
UK trade deal cuts tariffs but steel industry still faces barriers - YAHOO FINANCE
The pound (GBPUSD=X) recently hit a multi-year high against the dollar (DX=F, DX-Y.NYB) but remains mostly flat amid uncertainty over a new US-UK trade deal.
Morning Brief: Market Sunrise host Ramzan Karmali explains how tariffs on steel and aluminum persist despite the deal, and why the UK’s automotive and aerospace sectors could benefit from lower tariffs.
MARKET NEWS
July 04
IMF hails Nigeria’s economic reforms, says growth projected at 3.4% in 2025 - PREMIUM TIMES
July 04
BDC operator unmasks crypto-to-cash deals in N3.4b fraud trial - THE GUARDIAN
July 04
IMF backs reforms amid calls for budget overhaul - PUNCH
July 04
FG’s importation of $250m Belarus tractors would have created 40,000 local jobs – loc... (read more)
July 04
Naira gains, trades N1526.15/$ at official market - NIGERIAN TRIBUNE
July 04
Naira rises to N1,570/$ in parallel market - VANGUARD
July 04
Naira gains against dollar across official, black markets - DAILY POST
July 04
Italy to issue half million non-EU work visas over next three years - FRANCE24
July 04
African Development Bank to give South Africa $475 million loan - REUTERS
July 04
AFRICA-FX-Nigerian and Ugandan currencies could gain - REUTERS
July 04
Naira records N90 gain in black market H1 as dollar inflows surge
July 03
Take action to exit grey list, IMF urges Nigeria - PUNCH
July 03
Investors lose N150bn as market opens July in red - PUNCH
July 03
Nigeria must review 2025 budget to avert crisis, IMF warns - PUNCH
July 03
Union Bank, FCMB begin USSD charges from airtime - PUNCH
July 03
Nigeria’s economy grows 3.7% in H1 - PUNCH
July 03
Naira records four-month high of N1,526.15 on improved liquidity
July 03
Pound tumbles and bond markets sent into turmoil after Rachel Reeves's Commons tears ... (read more)
July 02
Oil settles up on signs of strong demand, investors await OPEC+ decision - REUTERS
July 02
Copper Rises to Three-Month High on China Manufacturing Rebound - BLOOMBERG
July 02
Oil Falls as Mideast Tensions Ease Ahead of OPEC+ Decision - BLOOMBERG
July 02
ECB can afford to hold off on further rate changes for a while, Müller says - REUTERS
July 02
Iraq Claims Top Spot Among OPEC Crude Suppliers to the U.S. - OILPRICE.COM
July 02
Tesla stock plunges as Trump threatens to deport Musk - INVESTING.COM
July 02
Deluge of ‘desperate sellers’ sends house prices into tailspin - THE TELEGRAPH
July 02
Trump triggers dollar’s worst start to year since 1973 - THE TELEGRAPH
July 02
Oil settles up on signs of strong demand; investors await OPEC+ decision - REUTERS
July 02
Eurozone inflation picks up to ECB target - REUTERS
July 02
Gold Rises With Trump’s Tax Bill Seen Widening US Deficits - BLOOMBERG
July 02
Taiwan Dollar Surges More Than 2% as Traders Test Central Bank - BLOOMBERG