Europe markets in red as geopolitical tensions add to inflation pressures
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President Bola Ahmed Tinubu has welcomed the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS), describing the growth recorded in the second quarter of…
10-year Treasury yield heads for three-year high
The US dollar hit a seven-week high on Sept 2 as investors turned to the US currency.
The expansion comes as demand for AI computing grows.
Key PointsIt's been a history-packed year, with Wall Street welcoming Kevin Warsh as only the 17th head of the central bank since its creation in December 1913.
Stocks fell while bond yields stayed near multi-decade highs as rate hike bets rose amid renewed Middle East tensions and another oil price surge.