Market News

May 20 Australia's central bank cuts rates to 2-year low of 3.85% - REUTERS May 20 Edun unveils new SEC website - PUNCH May 20 Australia dollar slips as RBA cuts rates, warns on global outlook - REUTERS May 20 South African rand stable before budget and Trump meeting - REUTERS May 20 Dollar softens on US ratings downgrade; trade tensions back on radar - REUTERS May 20 CBN reaffirms banking sector stability amidst rumour - PUNCH May 20 Japan-US to base talks on past FX agreement, Kato says - REUTERS May 20 Dollar trades sideways before tax vote, Aussie falls after RBA - REUTERS May 20 Naira-for-crude deal caused reduced petrol prices – Dangote - PUNCH May 20 Naira posts mixed performance across markets as oil prices rebound - THE NATION May 20 Naira appreciates massively against dollar in black market - DAILY POST May 20 Naira appreciates to N1,625/$ in parallel market - VANGUARD May 20 China’s retail sales disappoint as stimulus fails to spur demand; industrial output d... (read more) May 20 African Markets – Factors to watch on May 19 - REUTERS May 20 Naira-for-Crude initiative enables consistent reduction in petrol prices – Dangote ... (read more) May 20 South Africa’s Ramaphosa aims to mend US ties with Musk business push - CNBC May 19 CBN decides on inflation, interest, naira exchange rates as MPC meeting begins May 19 Naira posts mixed performance across markets as oil prices rebound - THE NATION May 19 Oil retreats as US, China growth concerns weigh - REUTERS May 19 Dollar slips after US credit downgrade, Aussie edges higher before RBA - REUTERS May 19 BOJ to keep hiking rates if economy rebounds from tariff hit, deputy governor says - REUTERS May 19 Indian rupee nearly flat tracking muted Asian peers; forward premiums dip - REUTERS May 19 MPC: Why CBN may hold rates – Analysts - DAILY TRUST May 19 FG grants China approval to establish electric vehicle factories - PUNCH May 19 CBN slashes FG loans by over N4tn - PUNCH May 19 CBN decides on inflation, interest, naira exchange rates as MPC meeting begins - DAILY POST May 18 OPEC expects slower 2025 oil supply growth from rivals after price drop - REUTERS May 18 Gold Hits $3,500 As Larry Summers Says U.S. Market Is 'On A Path' To Crisis Like UK's... (read more) May 18 Investors Await Another Monday Jolt After Moody’s Downgrades US - BLOOMBERG May 18 Kenya's shilling stable versus dollar, LSEG data shows - REUTERS