Asia-Pacific Stocks Mostly Up as Markets Reopen After Boxing Day Asia-Pacific stock markets were mostly higher on Thursday, though several markets remained closed for the Boxing Day holiday. In Japan, the Nikkei 225 gained 1.12%, closing at 8,220.9, while the Topix rose 1.20%, finishing at 2,766.78. This surge followed news that Japan is preparing a…
Excerpt from the 2025 AUD/USD Outlook Report The RBA, Fed, and the Shifting Rate DifferentialsThe Federal Reserve’s easing cycle has reduced the RBA-Fed interest rate differential to just -15bps, a trend we anticipated in our 2024 outlook. Typically, this would be a bullish signal for AUD/USD, but recent developments have shifted the dynamics significantly. Renewed…
Access Bank Plc, Nigeria’s biggest lender by assets, raised 351 billion naira ($228 million) in a rights offer to boost its capital above a new regulatory threshold as it embarks on an expansion plan. Access Bank Raises Capital to Accelerate Global Expansion Access Bank has announced an increase in its share capital to 600 billion…
