Economy

Latest Economy News

USD Poised For June Bounce Back After 34 Week Record Loss

The USD (greenback) continued it 3 week losing streak as the dollar

Why The Break Below $179 On $TSLA In December 2022 Still Matters Today

In December 2022, $TSLA broke and closed below $179/share, a very important

The Dot Plot Hits A Bulls-Eye As Fed Keeps Rates Flat But Still Remains Hawkish Due To Inflation

At the FOMC meeting today, the Federal Reserve, led by Jerome Powel,

Zenith Bank’s Share Price Is Now N4 From It’s All Time High After it Surged +10% On the Day

Zenith Bank Plc engages in the provision of banking and financial services

May Was Palantir Technologies’ ($PLTR) Biggest Month Since 2021, Surging 89.8%. What Next?

Palantir Technologies ($PLTR) is a public American company that specializes in big

Dollar Climbs Higher As Inflation Data and Fed Rate Decision Approaches

The highly anticipated FOMC release is scheduled for tomorrow, and it is

$VIX Hits COVID-19 Lows, Erasing The Largest Percentage Gain of Fear in 20 Years- What Now?

The "Fear Index" is now at the 14 year old lows of

Emefiele’s alleged arrest provokes reactions

Suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele's Friday night

Tinubu suspends Emefiele as CBN governor, Shonubi takes over

President Bola Tinubu has authorised the suspension from office of Governor of

Commodities Trader Trafigura Makes Record Profit During Energy Crisis

Commodity trading Giant Trafigura reported record net profits of $5.5bn in the

$XLE and Canadian Dollar Spreads Appear On Pullback In Crude Oil Market

Closes are important in chart information, therefore I do not neglect them

Japan’s NIKKEI 225 Inches Toward 34 Year High- Could A Bearish Whale of Whales Be Lurking?

Deflation in Japan began to take hold in the 1990s but it

Market Wrap- Oil Gaps $5 On OPEC Cuts, Japan Stocks Approach 34 Year Record As $AAPL Soars

The trading week started off with a massive gap up on both

Market Wrap: NFP Mixed, $AAPL $1 From All Time High And Volatility Sits At Oversold Levels

It was a rather quiet trading week but the implications of the

US Dollar Bullish Sentiment Dampens As FOMC And Employment Take Center Stage

As the week comes to a close, investors look to tomorrow's employment

$PLTR Fails To Close Above Critical Resistance Despite Biggest Monthly Gain In Years

The data fusion platforms developer saw it's share price surge but closed

A Closer Look At The ‘A.I Fueled’ Tech Rally And The Macros For And Against It

The die is cast for the bullish narrative in the market but

Strong ‘AI Chasing’ Bulls Keep The Market Climbing Over A Wall Of Worries

The major indices have been climbing in spite of a strong US

Marvell Technologies ($MRVL) Gains +65% On AI Growth Outlook Forecast

$MRVL which offers a broad, innovative portfolio of data infrastructure semiconductor solutions,

$NVDA Pumps 40.35% To New Record, Overtakes $AAPL As King Of The Tech Jungle

In the race back to the all time highs, Nvidia took the

Dangote is Nigeria’s greatest export to the world – Femi Adesina

The Special Adviser to the President on Media and Publicity, Femi Adesina,

The Closing Bell- US Dollar Stays Bid As China Expands De-Dollarization Push

The US Dollar held it's gains for the second straight week, despite

High inflation: Buhari’s govt reacts to Guardian report

The Muhammadu Buhari administration has rejected a newspaper report that blamed its

Big Tech, Led By $GOOG, Defies The Strong US Dollar and Huge Volatility Spike

$GOOG continues to build on it's +11% gains from last week, in

The Asian Session- Yen Strengthens As Risk Off Trade Caps Off The Week

Flows out of high beta currencies into low betas cap off the

The Closing Bell- US Dollar Resurgence On The Day Weighs Down on Commodities

The greenback made it's presence felt in the session on Thursday as

BVN won’t expire after 10 years – CBN

Against the backdrop of recent reports about the lifespan of the Bank

US Inflation Rate Misses Forecasts, Climbs 4.9% In April, The Lowest In 2 Years

Inflation rose 4.9% in April from a year ago, 0.1% less than

The Closing Bell- CPI Looms, DXY Rallies As Investors Price In A Drop In Inflation

The CPI release is due out on Wednesday with the consensus expecting

The Closing Bell- Oil Rallies on Canadian Output Cuts as $VIX and $DXY Stay Flat

From wild fires in Canada to upticks in Chinese demand, oil took