Global bond yields have edged higher as immediate risk appetite has stabilised with some evidence that reduced concerns surrounding the French Presidential election has also curbed gold demand.
In a bid to further strengthen the Naira, the Central Bank of Nigeria (CBN) has pumped a total $380 million within two days into the foreign exchange market.
New applications for U.S. jobless benefits rose slightly more than expected last week, but a drop in the number of Americans on unemployment rolls to a 17-year low suggested the labor market continues to tighten.
JOHANNESBURG – The Black Empowerment Foundation says it is heading to a police station in Durban on Thursday to lay criminal charges against the banks embroiled in a forex fixing scandal.
The World Bank, Wednesday, said Nigeria needs to reform its finance to avoid any future foreign exchange crisis.
Next trading day's important events
- USDJPY: 109.07
- EURUSD: 1.0765
- S&P 500: 2343.06
- NASDAQ: 5885.97