Investing

Investing
Investing

USD/NGN: Here’s why the Nigerian naira currency is soaring

The Nigerian naira is firing on all cylinders, mirroring the performance of the Kenyan shilling. The USD/NGN exchange rate plunged to a low of 1,497, its lowest level since March and 7% below the highest level this year. It has plunged by over 11.3% from its 2025 highs.  Why the Nigerian naira currency is soaring

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Investing

Lloyds share price forecast ahead of BoE interest rate decision

The Lloyds share price has rebounded in the past few days, moving from a low of 77.40p earlier this month to 84.22p today. LLOY has jumped by over 68% from its lowest level this year, bringing its market cap to over £50 billion.  Bank of England interest rate decision The main catalyst for the Lloyds

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Investing

ARKK ETF stock: Is Cathie Wood’s flagship fund a buy today?

Cathie Wood’s Ark Innovation Fund (ARKK) stock price is doing well this year, and it recently jumped to the highest level since 2022 as technology companies thrived. The ARKK ETF stock was trading at $79.72, up by 106% from its lowest level this year.  ARKK ETF shenanigans are continuing Cathie Wood’s ARKK ETF has gone

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Investing

ULTY ETF is a 117% yielding fund, beating VOO: is it a buy?

The YieldMax Ultra Option Income Strategy ETF (ULTY) has done well this year and is hovering at the highest point on record. ULTY was trading at $5.62, up by over 54% from its lowest level in April this year. So, is this high-yielding ETF a good buy? How the ULTY ETF works The YieldMax Ultra

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Investing

USD/ZAR: top catalysts for the South African rand this week

The South African rand is firing on all cylinders this year. The USD/ZAR exchange rate plunged to a low of 17.35, its lowest level since November last year, down by almost 13% from the highest point this year. This article explores the top catalysts that will drive the rand this week. South Africa inflation data

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Investing

Top catalysts for the Nikkei 225 and Topix Indices this week

Japan stocks are in a strong uptrend, with the Nikkei 225 and Topix trading at their all-time highs. The Nikkei 225 Index was trading at ¥44,780, up by over 45% from  its lowest level this year. Similarly, the Topix Index jumped to ¥3,160. Here are the top catalysts for the index. Bank of Japan interest

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Investing

Hang Seng Index analysis: bullish forecast amid China stimulus hopes

The Hang Seng Index continued its strong rally on Monday after a set of weak economic data from China raised the possibility of stimulus by the Chinese government. It was trading at H$26,460, a few points below the year-to-date high of H$26,580. China stimulus hopes after weak data The blue-chip Hang Seng Index has been

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Investing

The bullish case for the cheap Adobe stock price

Adobe stock price has remained in a tight range in the past few days as investors reacted to the recent earnings. ADBE was trading at $350, inside a range it has been stuck at in the past few days. This price is about 40% below the highest point in 2024.  Adobe published strong financial results 

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Investing

The FTSE 100 Index has been in a strong uptrend in the past few months

The FTSE 100 Index has been in a strong uptrend in the past few months, mirroring the performance of other global indices. It jumped to a record high of £9.343, up by over 23% from its lowest level this week. This article highlights some of the top catalysts that may drive the Footsie Index this

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Investing

Top news to drive the VOO and SCHD ETFs this week

American stocks held steady and hit their all-time high last week, with all equities adding over $14 billion in value this cycle. The Vanguard S&P 500 ETF (VOO) jumped to a record high of $604, while the Schwab US Dividend Equity ETF (SCHD) jumped to $27.  This article highlights some of the top catalysts to

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