Market News

June 18 Dollar Holds Two-Month High as Fed Hawkishness Fuels Rate-Hike Bets, Yen Weakens - REUTERS June 18 US-Iran Deal Takes Effect as Focus Turns to Strait of Hormuz - BLOOMBERG June 18 Bank of England holds main interest rate at 3.75% as Iran war inflation pressures eas... (read more) June 18 Dollar Jumps as Federal Reserve Holds Rates but Signals Potential Hike Later This Year - REUTERS June 18 South African Retail Sales Rise 1.3% Year-on-Year in April - REUTERS June 18 Nigeria’s external reserves rise $1bn in 14 days, near CBN $51.04bn 2026 target - ... (read more) June 18 IMF Raises Alarm As Stablecoin Boom Reshapes Nigeria’s Payments Landscape - INDEPENDENT June 18 Naira Tumbles to N1,360/$1 at Official Market - BUSINESS POST June 18 Naira down to N1,405/$ in parallel market - VANGUARD June 18 Nigerian currency continues depreciation - DAILY POST June 17 Fed will be above its inflation target for another 5 years: Economist June 17 Bank of Japan raises its key interest rate to a three-decade high of 1%, citing infla... (read more) June 17 Gold Holds Gain as US, Iran Prepare to Sign Interim Peace Deal - BLOOMBERG June 17 Indian rupee extends gains; US-Iran peace agreement details, Fed guidance awaited - REUTERS June 17 World shares are mixed and oil trades below $80 on optimism over interim US-Iran war ... (read more) June 17 South African inflation rises less than expected in May - REUTERS June 17 Oil Tumbles to Fresh Three-Month Low on Hormuz Reopening Trade June 17 Dollar slips as markets wait on Warsh's Fed debut - REUTERS June 17 Ghana says Africa debt is ‘mispriced’ and targets investment-grade rating - REUTERS June 17 Fed will be above its inflation target for another 5 years: Economist - June 17 Mali gold revenue rises 6.4% in 2025 despite production decline - REUTERS June 17 Ghana’s economic growth picks up to 6.4% in first quarter - REUTERS June 17 ECB Officials Say Iran Deal Isn’t Enough to Fix Energy Shock June 17 ECB Officials Say Iran Deal Isn’t Enough to Fix Energy Shock - BLOOMBERG June 17 Naira trades N1,357/$ at official FX market - NIGERIAN TRIBUNE June 17 SpaceX closes in on Amazon in sprint toward $3 trillion - YAHOO FINANCE June 17 IMF warns rising stablecoin use could weaken Naira demands - PREMIUM TIMES June 17 Market observers noted that the gap between the official and parallel market rates ha... (read more) June 17 IMF estimates naira’s fair value at N1,142/$, says currency 25.6% undervalued - THE CABLE June 17 Foreign investors buy $3.3bn Nigerian bonds in three months - PUNCH