MARKET NEWS
ECB would welcome a weaker euro - REUTERS
LONDON, Dec 6 (Reuters) - The European Central Bank would happily, if quietly, cheer an even weaker euro exchange rate - and may be far more wary of the opposite at just the wrong time.
The euro is likely still too strong for the sort of subdued growth and outsize trade risks the zone faces next year and, far from being a brake on more monetary easing, its depreciation may well be encouraged. And it could argue for at least one deeper half-percentage-point interest rate cut at upcoming meetings.
MARKET NEWS
December 23
FG to kickstart N250bn real estate investment fund — Edun - DAILY TRUST
December 23
How inflation, Fx reforms, recapitalisation, others shaped banking - VANGUARD
December 23
Nigeria inflation surges but Central Bank targets 2025 improvement - AFRICAN BUSINESS
December 23
ECB Very Close to Meeting 2% Inflation Target, Lagarde Tells FT - BLOOMBERG
December 23
Hedge Funds Pile Into Trades Dollar-Yen Will Rise as High as 165 -
December 23
South Korea Plans First Won-Denominated FX Bonds in 21 Years - bloomberg
December 23
Festivity, Energy Cost May Spike Inflation In December – Analysts - INDEPENDENT
December 23
Nigeria: FG needs long-term loan to complete Lagos-Calabar coastal road, others - ... (read more)
December 23
Rubber imports jump 106% as production stalls - BUSINESSDAY
December 23
Euro-Zone Growth Expectations for 2025 Dialed Back by Economists - BLOOMBERG
December 23
Analysts project Naira will berth at N1,550/US$, GDP growth of 3.6% in Q1 2025 ... (read more)
December 23
Nigerians pay more for naira over cash scarcity - BUSINESS HALLMARK
December 23
Sterling struggles to regain steam against dollar - REUTERS
December 23
Nigeria’s headline inflation may fall by 0.25% in December – Afrinvest - BUSINESS HALLMARK
December 23
Nigeria: Analysts project GDP growth of 3.6% in Q1 2025 - NIGERIAN TRIBUNE
December 23
NACCIMA, Commerce Ministry Discuss Naira Volatility, Rising Interest Rates - THISDAY
December 23
Oil Steadies After Weekly Loss While Traders Weigh Trump Threats - BLOOMBERG
December 23
Yen Bulls Retreat as Hopes Fade for Fast Cut in Rate Gap - BLOOMBERG
December 23
Nigeria’s inflation seen declining to 34.5% in December - BUSINESSDAY
December 23
ECB Rate Cuts Will Continue Next Year, Vujcic Tells HRT1 - BLOOMBERG
December 23
Nigeria steps up fight against illegal oil trade - DW
December 23
Distrust, others slow financial inclusion amid N4.3tr outside banks - THE GUARDIAN
December 23
Distrust, others slow financial inclusion amid N4.3tr outside banks - THE GUARDIAN
December 23
Residents in southern Nigeria voice concerns over pipeline oil spills - AFRICA NEWS
December 23
Nissan, Honda announce plans to merge, creating world’s No. 3 automaker - ASSOCIATED PRESS
December 23
Euro edges down, dollar hovers around two-year high - REUTERS
December 23
Rupee slips to all-time low pressured by weak yuan, importer dollar bids - REUTERS
December 23
Travellers battle unending price hikes ahead of Christmas - PUNCH
December 23
Naira rebound seen in 2025 on higher FX inflows - BUSINESSDAY
December 23
Canadian dollar posts fourth straight weekly loss amid Trudeau uncertainty - REUTERS