News
Important Only
Nigeria's bonds slip after Trump threat of military action
Nigeria bonds underperform peers on MondayForeign investors have viewed Nigeria favourably this yearAreas of concern are far from oil production, commercial capitalBy Libby George and Duncan Miriri LONDON/NAIROBI, Nov 3 (Reuters) - Nigeria's sovereign bonds slipped on Monday after U.S. Presid...Reuters
Mon, Nov 3
World Bank's investment arm to boost local-currency lending in Africa
By Colleen Goko Nov 3 (Reuters) - The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and direct investments into companies across Africa to help projects reach the scale required to attract major global funds, Managing Direc...Reuters
Mon, Nov 3
USD/JPY: Clear break above 154.50 is unlikely – UOB Group
Upward momentum is slightly firm, and US Dollar (USD) could test 154.50; a clear break above this level is unlikely. In the longer run, sharp increase in upward momentum could lead to further USD advance toward 154.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
NZD/USD: Unlikely to be able to break below 0.5700 – UOB Group
New Zealand Dollar (NZD) could continue to edge lower, but it is unlikely to be able to break below 0.5700. In the longer run, NZD is under mild downward pressure, and could edge lower, potentially testing 0.5700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
AUD/USD: Current price movements appear to be part of a 0.6535/0.6565 – UOB Group
The current price movements appear to be part of a 0.6535/0.6565 range-trading phase. In the longer run, AUD is likely to trade in a range between 0.6505 and 0.6610, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
GBP/USD: Likely to consolidate between 1.3110 and 1.3170 – UOB Group
Instead of continuing to decline, Pound Sterling (GBP) is more likely to consolidate between 1.3110 and 1.3170. In the longer run, the outlook for GBP remains negative, but for it to continue to decline, it must first close below 1.3100, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
Sterling under pressure as BoE week arrives
LONDON, Nov 3 (Reuters) - The pound remained under pressure against both the dollar and euro on Monday as traders tried to fine-tune their positions ahead of Thursday's in-the-balance Bank of England meeting. Sterling was down 0.27% on the dollar at $1.3132, just above last week's more than ...Reuters
Mon, Nov 3
Coinbase Says Some Users May Experience Delays In Send And Receive Transactions On Berachain Due To Network Upgrade
Nov 3 (Reuters) - Coinbase Global Inc COIN.O:COINBASE GLOBAL INC: AWARE THAT SOME USERS MAY EXPERIENCE DELAYS IN SEND AND RECEIVE TRANSACTIONS ON BERACHAIN DUE TO NETWORK UPGRADEReuters
Mon, Nov 3
RPT-ROI-Creeping AI leverage may tap nerve in Treasuries: Mike Dolan
By Mike Dolan LONDON, Nov 3 (Reuters) - Seemingly Teflon U.S. Treasuries have good reason to sit up and take notice of another twist in the AI story last week, one that could add pressure alongside a more hesitant Federal Reserve. What if the corporate AI spending spree now starts to compete with...Reuters
Mon, Nov 3
INDIA RUPEE-Rupee lumbers near record low as central bank intervention holds the line
By Jaspreet Kalra MUMBAI, Nov 3(Reuters) - The Indian rupee spent much of Monday's trading session within striking distance of its all-time low, but managed to hold above the level on the back of likely dollar-selling market intervention by the central bank.The rupee INR=IN closed at 88.7775 ...Reuters
Mon, Nov 3
EMERGING MARKETS-EM stocks kick off November higher with rate decisions in focus
EM stocks up 0.58%, FX down 0.13%Polish interest rate decision on Nov 5Czech rate decision due Nov 6Polish manufacturing shows signs of stabilisation in OctoberHungary's PMI drops to 51.0 in OctoberHungary's Orban to meet President Trump on Nov 7By Nikhil Sharma Nov 3 (Reuters) - Emer...Reuters
Mon, Nov 3
FOREX-Dollar index at three-month high, testing top of recent range
Dollar buoyant, yen still under pressureFocus on private data releases as US government shutdown drags onMarkets alert to more jawboning from TokyoRate decisions from BoE, RBA due this weekBy Rae Wee and Alun John SINGAPORE/LONDON, Nov 3 (Reuters) - The dollar hovered near a three-month high on M...Reuters
Mon, Nov 3
