Month: August 2016

Nigerian stocks closed trading on a positive note as the all share index rose 0.26%. Market capitalization at the close of trading was N9,427,997,837,637.79. Highlights of today’s trading session. NSE…

News Stakeholders Recommend $100bn for N’delta Clean-Up Community leaders and stakeholders in Niger Delta have said that $100bn should be set aside as Clean-up and Remediation Fund for the region.…

Brooklyn DA Ken Thompson must pay $15,000 in fines for using his office’s account to pay for some of his meals in violation of applicable conflict-of-interest laws, according to the…

Spying on your spouse used to involve reading their mail, looking for lipstick on their collar, looking at call logs, etc. Some of these spy techniques, though widely used in…

While it has been a relentless jawboning session from various Fed speakers this morning, what caught our attention was an interview between CNBC’s Steve Liesman and the Fed’s recently converted…

This happens ten minutes prior to any serious fed jawbone. It’s win-win for some. Buy 20 minutes ago, watch it spike (as you know it will on people who think…

In the past two weeks, Iran has rejoined the OPEC production freeze headline and jawboning fray, by making bold statements that it would be willing to work with OPEC on…

And here we go. Here are the key highlights from Yellen’s speech: YELLEN SAYS RATE-HIKE CASE `HAS STRENGTHENED IN RECENT MONTHS’ YELLEN SAYS ECONOMY NEARING FED’S EMPLOYMENT, INFLATION GOALS YELLEN:…

The “disinflationary mindset” remains as UMIch-reported medium-term inflation expectations plunge back to record lows. Headline consumer confidence also dropped to its lowest since 2016 lows in April driven by drop…

The US Dollar is being dumped after Yellen’s apparently ‘hawkish’ speech as the market appears to have latched onto one sentence…“future policymakers may wish to explore the possibility of purchasing…