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Hedge funds significantly reduced their bearish exposure to the yen following coordinated efforts by US and Japanese officials to stabilise the currency, reversing a large build-up in short positions earlier this summer, according to a report by Bloomberg.
We haven't written up this one. Hedgeweek has the full story — the link below goes straight to it.
Global stocks surged after weak US jobs data in July reduced fears of a Federal Reserve interest rate hike, despite a spike in oil prices. Find out more.
Indonesia’s President Prabowo Subianto has nominated Destry Damayanti as the sole candidate for central bank governor, a move closely watched by markets.
Global stocks surged after weak US jobs data in July reduced fears of a Federal Reserve interest rate hike, despite a spike in oil prices. Find out more.
[This Day] Ten major quoted companies have recorded a combined N14.4 trillion revenue and N4.99 trillion profit before tax (PBT) in the first half of the year (HI 2026), reaping from the reforms…