Buffett keeps cutting Apple stake, with value down 60%
Berkshire cut its holdings in the iPhone maker by roughly 25% in the period, after slashing it by almost half in the second quarter.
MTN Nigeria plans N50 billion commercial paper
MTN Nigeria hopes to use the cash to bridge the working capital gap in the short term.
Debt servicing to stay hard unless house prices come down - economist
New data shows the extent of the interest rate crunch that has hit households in recent years.
EUR/JPY strengthens ahead of ECB's Lagarde speech
The EUR/JPY cross attracts some buyers to near 165.75 during the early European session on Tuesday.
Tuesday newspaper round-up: Oasis fans, house prices, Future
The $1m-a-day voter sweepstakes that Elon Musk’s political action committee is hosting in swing states can continue through Tuesday’s presidential election, a Pennsylvania judge ruled on Monday. The common pleas court judge Angelo Foglietta – ruling after Musk’s lawyers said the winners are not chosen by chance – did not immediately give a reason for the ruling. – Guardian
Dangote refinery attempting to maintain monopoly – PETROAN
The association explained that the rate of N990, as announced by Dangote Refinery, was “inconsiderate” based on the fact that the refinery enjoyed massive concessions for accessing foreign exchange during the construction of the refinery.
Dangote refinery attempting to maintain monopoly – PETROAN
The association explained that the rate of N990, as announced by Dangote Refinery, was “inconsiderate” based on the fact that the refinery enjoyed massive concessions for accessing foreign exchange during the construction of the refinery.
Weir reports rise in equipment orders, Schroders AuM hits record high
London open The FTSE 100 is expected to open 12 points lower on Tuesday, having closed up 0.09% on Monday at 8,184.24.
London pre-open: Stocks seen lower as Americans head to the polls
London stocks were set to fall at the open on Tuesday as Americans headed to the polls.
Pound Sterling trades flattish ahead of US presidential election, Fed-BoE decisions
The Pound Sterling (GBP) trades in a very tight range around 1.2950 against the US Dollar (USD) in Tuesday’s London session.
Oil confined to tight range as pivotal US election holds sway
Brent for January settlement was barely changed at $75.13 a barrel at 3:20 p.m. in Singapore.
EUR/GBP lacks firm intraday direction, stuck in a range below 0.8400 mark
The EUR/GBP cross struggles to gain any meaningful traction and oscillates in a narrow trading band below the 0.8400 round-figure mark through the first half of the European session on Tuesday.
USD/CAD depreciates toward 1.3850, possibly due to stable Oil prices on US election day
USD/CAD extends its losses for the second successive session, trading around 1.3880 during European hours on Tuesday.
Mexican Peso trades sideways ahead of US presidential election result
The Mexican Peso (MXN) fluctuates between tepid gains and losses on Tuesday as traders await with bated breath the outcome of the US presidential election, an important driver of the Peso over the coming days.
Valencia asks for €31bn rescue package after deadly floods
The package will include aid for reconstruction of homes and the purchase of vehicles, he said.
CEE: Final position adjustment – ING
Inflation in Turkey surprised slightly to the upside yesterday (2.9% MoM vs 2.5% expected).
When is the 2024 U.S. presidential election result expected?
The time of announcing results can vary based on how small the winning margin is, when mail-in ballots can be counted and when polls close.
Waiting for the fiscal stimulus – Commerzbank
While the US goes to the polls today and will presumably be busy counting votes for the rest of the week, the Standing Committee of the National People's Congress is meeting in China this week to discuss the fiscal package announced at the end of September, Commerzbank’s FX analyst Volkmar Baur notes.
RBA waiting to take action – Commerzbank
The Reserve Bank of Australia left its cash rate unchanged at 4.35% this morning.
EUR/USD trades sideways with eyes on US presidential election
EUR/USD consolidates around 1.0890 in Tuesday’s European session.
last updated on 5 Nov 10:38