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Economy

Latest Economy News

Weekly Risk Gauge- Risk On Flows Persist As OPEC Cuts Supply And Oil Hits $80

Risk on flows resumed today from the Asian session into the New

Naira scarcity: Kidnappers have gone on strike – Ngige

The Minister of Labour and Employment, Senator Chris Ngige, says kidnappers have

After Mooning 56%, what now for First Citizens BancShares $FCNCA?

The bank announced a purchase of a large portion of Silicon Valley

Europe Opens- Oil Rallies and Volatility Craters, as Risk On Lingers in the Markets

A risk on sentiment was present in the market as the European

End Of Day Market Report- Oil Continues Recovery as Risk On Flows Enter Markets

First Citizens BancShares' ($FCNCA) shares rallied 54%, its largest single day rally

Risk Gauge- US Dollar Recovery Loses Steam As Market Volatility Drops -14%

Risk appetite got a boost last week despite uncertainty in the markets.

The ‘Fear’ Index, $VIX, Approaches The Most Important Close Of The Year So Far

The Volatility Index has room for a large rally or drop depending

Bitcoin Bulls Hold Their Breath As One of the Most Anticipated Fed Meetings in History Approaches

Investors are watching to see what the Federal Reserve will do at

Market Volatility Sits At A Key Decision Level as Fed Funds Rate Looms

The direction of market volatility looks set to take center stage this

Weekly Market Wrap-Oil Drops 12.7% as Volatility Spikes and Equities Retreat

Volatility reared it's head this week as banking contagion fears persisted despite

$NDX (Nasdaq) Up +5.3% On The Week Amid Fears Of A Banking Crisis

The banking sector blues that gripped the market has not held down

EU Banks down 15% YTD As Saudi Says No to Credit Suisse But SNB Comes to the Rescue With $50 Billion Bailout

Credit Suisse shares lost more than a quarter of their value on

Inflation Gauge Increased 0.4% in February and Up 6% From a Year Ago, As Expected

The consumer price index increased 0.4% for the month, putting the annual

Sanwo-Olu directs Lagosians to use old naira notes

Governor Babajide Sanwo-Olu of Lagos State has directed individuals and businesses in

Risk Gauge, CPI Tuesday Looms as British Pound Follows Banking Sector South

The events in the banking sector last week raised fears of a

Reject old naira notes, get arrested – Kogi govt warns residents

Individuals and businesses rejecting the old naira notes in Kogi State risk

Non-Farm Payrolls Screams Soft Landing as US Banking Sector Loses $80 Billion

The odds of a soft landing are increasing, if the data implications

Silicon Valley Bank $SIVB Stock Slumps 60% as Some Investors Fear Bank Run

$SIVB stock price collapsed to the lows 2016, and after the market

Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential

On February 27th, a hotter than expected inflation number of 8.5% came

Risk Gauge 03/06/2023 $VIX, US Dollar and US30Y Bonds on the Decline

Last week, the market closed in favor of risk on assets as

$SPX Closes the Week Higher as Volatility Tanked and the US Dollar Declined

US equity indices regained some of the loses made over the last

Crude Oil Poised for Weekly Gains as China Demand Continues

Oil is set to post weekly gains if it can close the

$SPX on the Cusp of Weekly Recovery Despite Resurgent Dollar Strength

"Correlation does not imply Causation" -Karl Pearson-   $SPX, $VIX and Options

Tesla’s ($TSLA) Stock Loses over 5% on Lukewarm Investor Day Show

The theme of Tesla's highly anticipated Investor Day was about how the

$SPX and $WTI Gain on Strong Chinese PMIs and US dollar Pullback

Risk assets and commodities got a lift this week as China's PMIs

Risk Gauge (02/27/2023) $SPX, Industrial Metals bleed as USD and Bonds Rally

Dollar strength continues to gain strength and weakening stocks but will investors

US Stock Indices Lose 11.45% on the Week as Dollar Strength Continues

The US stock markets bled this week as the US dollar continued

End of Day Market Report (02/22/2023)

The dollar continued to strengthen on strong US economic data today. The

Spread of the Week (EURUSD moving towards Equities and Risk)

There are a plethora of data points for traders to peruse when

SEC Fines Mormon Church for Concealing $32 Billion Portfolio

The Church of Latter-day Saints and a non-profit organization it controlled have