Investor appetite for Nigeria’s fixed income remains resilient at the latest bond auction, with bids climbing to 1.74 trillion naira against an offer of 1.2 trillion naira. The strong demand for longer-dated government securities comes as investors continue to lock in elevated yields, while the Debt Management Office maintains stop rates on its benchmark bonds,…
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JOHANNESBURG, July 20 (Reuters) – South Africa’s rand was steady in early trade on Monday ahead of this week’s monetary policy decision from the South African Reserve Bank, with higher oil prices and elevated risk aversion limiting its ability to benefit from a softer U.S. dollar.
The legendary investor called out reckless speculation in markets and the massive cost of the AI buildout during a rare interview with CNBC on Wednesday.
Wall Street is seeing volatility resurface, with stocks rocked by a re-escalation in the Iran war and squashed hopes of any interest rate cuts from the Federal Reserve in 2026