ECB signals a rate cut, more monetary easing ahead
Businessam Staff
July 25, 2019
The European Central Bank (ECB) prepared markets for more easing measures on Thursday, causing the euro to briefly fall to a two-year
ECB prepares sub-zero relief for wilting Europe
Businessam StaffJuly 25, 2019
Euro and bond yields wilted on Thursday as a slump in German business confidence piled the pressure on the European Central Bank to
Naira gains marginally against dollar at parallel market
Businessam StaffJuly 23, 2019
The naira on Monday gained 50 Kobo to trade at N358.5 to the dollar at the parallel market in Lagos, slightly stronger than N359
NY Fed clarifies Williams speech that market took as signal of a rate cut
Businessam StaffJuly 19, 2019
New York Fed President John Williams’ assertion that policymakers need to “act quickly” as economic growth slows was drawing from
OVN rises by 250bps as OMO depletes liquidity levels
Afolabi OluwaseunJuly 18, 2019
The overnight lending rate increased by 250 basis points to 7 percent, as liquidity levels in the market declined following the PMA