Oil Market Weekly Recap and Next Week's Outlook This week, oil prices experienced volatility driven by mixed signals from U.S. fuel demand data, expectations surrounding the OPEC+ meeting, and macroeconomic factors influencing investor…
Naira has experienced substantial fluctuations making it difficult for businesses to predict costs and revenues accurately, complicating financial planning and budgeting processes.
The Customs Consultative Committee has urged the federal government to review the Nigerian Customs Law to cushion the effect of naira exchange rate volatility against the dollar. At a stakeholders meeting held in Lagos, yesterday, the…
Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.
U.S. stocks are poised to open lower on Wednesday following the boost from the tech rally in the previous session. The spotlight will likely be on bond yields, which have climbed in recent sessions on hopes of a “higher-for-longer”…
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed…
For direct to consumer companies, volatility may be the key certainty in an uncertain environment. The latest evidence came amid reports from The New York Times and other sites that Ampla — which offers lines of credit and corporate cards…
Investors in Carter Bankshares, Inc. (NASDAQ: CARE) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $10 Put had some of the highest implied volatility of all equity…
This week, bitcoin’s price briefly exceeded $70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on…
Despite increased volatility in the stock market over concerns related to the general election outcome that is due on June 4, most brokerages still expect that the National Democratic Alliance (NDA) led by PM Narendra Modi will comfortably…
Get latest articles and stories on Business at LatestLY. Indian stock markets closed marginally below on Tuesday after a high volatility during the trading. The equity markets experienced a pause after a three-day streak of record highs.
The effect of the harsh operating environment has continued to impact negatively on the operations of the nation's brewery industry, as prolonged inflation, unemployment and overall hardship impact negatively on consumer disposable income,…
The exchange rate for customs duty collection has risen from N1467/$ to N1,480 just below the official market rate of the NAFEM window which stood at N1,482.81 to the USD. …