The yen was at 129.14 per dollar on Friday morning, softening on the day after it had reached a two-week peak of 127.5 overnight.The euro/yen cross declined 2.5%, its biggest daily percentage fall since 2016 as the common currency a victim of the “risk off” mood.
The benchmark US 10-year yield was 2.8822% having declined each session this week from Monday’s high of 3.203%. Investors are continuing to move towards safe-haven assets fearing central bank rate hikes to constrain inflation could hit global economic growth while MSCI’s gauge of stocks around the world fell to its lowest level overnight since November 2020.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Africa Month Archives - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.I'm really grateful for all the efforts you have render to me with my little investment of $7000 and with joy over me after withdrawing $70,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
Source: SABCNews - 🏆 37. / 51 Read more »
CORONAVIRUS: Your daily update - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa has recorded 7 523 new COVID-19 cases on Tuesday, bringing the total number of laboratory-confirmed infections to 3 852 148. Stop already with propagating this scamdemic, which even the FDA now classifies as a seasonal endemic flu. This BS needs to end, in this destroyed by corrupted politicians, South Africa. And you SABC are part of this crap.
Source: SABCNews - 🏆 37. / 51 Read more »
How Bankingly is Transforming Africa’s Fintech Industry with Simple, Smart Solutions - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsAs the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and mortar banks now understand the importance of incorporating digital banking solutions into their financial services to stay afloat. […] Have you thought about cryptocurrencies and what your government is doing about this? In Africa, most governments are grappling with regulating this, but what does this mean for you? Look my bio
Source: ITNewsAfrica - 🏆 27. / 59 Read more »