The Senate has praised the Central Bank of Nigeria (CBN) for what it calls "encouraging developments" in the country's financial and monetary landscape over the last six months.

Unlike the visible evolution in equities or FX trading, the IRS market—especially the interdealer segment—has lagged behind ...

Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no plans to change how it offers dollar liquidity ...

Central bank buying and the acceleration of those purchases that we have witnessed since 2022 is a big factor in gold’s ...

Over the past 12 months, the $21.5 billion John Hancock Funds Disciplined Value Mid Cap Fund rose 8.94%, while the average ...

Arab Finance: The exchange rate of the US dollar to Egyptian pound registered EGP 50.2 for buying and EGP 50.3 for selling at the National Bank of Egypt (NBE) at 11:11 AM. The exchange rate went up, ...

Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ’meaningful’ inflation ahead Economy Published 06/18/2025, 06:14 AM Updated 06/18/2025, 07:21 PM ...

The 10-year swap spreads were last at minus 54 basis points from minus 53 on Tuesday, while 30-year swap spreads were last at minus 88 bps from minus 86.5 bps on Tuesday.

The unemployment rate is expected to edge higher to 4.5% in 2025, up from a prior estimate of 4.4%, and remain steady at 4.4% in 2026, up from 4.3% previously.

The oil price jumped when President Trump advised the Iranians to immediately evacuate Tehran. But it then fell back again to finish slightly lower decreasing Australia's chance of a July rate cut.