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MUFG’s Derek Halpenny notes the US Dollar is holding most of its post-FOMC gains after a 25bps hike and hawkish guidance from Fed Chair Warsh.
The Pension Transitional Arrangement Directorate (PTAD) has disbursed a total of N18.96 billion to settle outstanding Back-End Computation arrears owed to 3,958 eligible PHCN pensioners under the…
China’s urban youth unemployment rose last month, as a record influx of university graduates struggles to find work in a job market weighed down by weak domestic demand and the growing adoption of…
Hong Kong’s property market dodged an immediate hit from the Federal Reserve’s rate hike on Thursday as major local banks kept their prime rates unchanged, but another increase could puncture the…
USD: On a structurally stronger position Everything about yesterday’s FOMC meeting was hawkish. The widely expected 25bp hike was accompanied by a dot plot showing strong consensus for another hike…
European equities staged a modest advance on Thursday as global bourses took heart from the Federal Reserve’s decisive interest rate increase and hints of a potential diplomatic breakthrough in the…
