S&P 500 7,748 +0.32% Nasdaq 26,588 +0.85% Dow Jones 53,770 -1.07% FTSE 100 10,799 -0.63% DAX 26,444 +1.16% Nikkei 225 68,309 +4.00% Hang Seng 25,397 -0.52% WTI Crude 81.44 -0.84% Gold 4,443 +1.87% US 10-Year Treasury Yield 4.672 +0.26% S&P 500 7,748 +0.32% Nasdaq 26,588 +0.85% Dow Jones 53,770 -1.07% FTSE 100 10,799 -0.63% DAX 26,444 +1.16% Nikkei 225 68,309 +4.00% Hang Seng 25,397 -0.52% WTI Crude 81.44 -0.84% Gold 4,443 +1.87% US 10-Year Treasury Yield 4.672 +0.26%

LATEST

OPay transactions more than double to $358 billion as IPO nears●New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them●Braemont invests in consulting firm Thought Logic●The AI boom is not just driving stocks — it’s also moving the foreign-exchange market●Gas and diesel prices are setting records for this time of year — and there's no relief in sight●Bullish reports $280 million Q2 net loss as crypto trading slows●Easing inflation pressures, Cerebras earnings, falling Hormuz traffic and more in Morning Squawk●Water bills set to rise for many after firms permitted extra funding●OPay transactions more than double to $358 billion as IPO nears●New federal rules could end mortgage escrow interest for some homeowners. States are suing to block them●Braemont invests in consulting firm Thought Logic●The AI boom is not just driving stocks — it’s also moving the foreign-exchange market●Gas and diesel prices are setting records for this time of year — and there's no relief in sight●Bullish reports $280 million Q2 net loss as crypto trading slows●Easing inflation pressures, Cerebras earnings, falling Hormuz traffic and more in Morning Squawk●Water bills set to rise for many after firms permitted extra funding●

Emerging Markets

The Renminbi Is Becoming a Hedge Against the Dollar

The Rio Times · 2h ago · 🇧🇷 Brazil

The Renminbi Is Becoming a Hedge Against the Dollar

China · Currencies Key Facts Hedge shift Chinese firms now hold the yuan as a store of value, not just for payments, per a UOB report. Bond boom Dim sum bond issuance hit nearly 820 billion yuan (about US$114 billion) by 22 June, up 47% year on year. Brazil swap China and Brazil run a […] The post The Renminbi Is Becoming a Hedge Against the Dollar appeared first on The Rio Times .

Read the full story at The Rio Times →

More Emerging Markets

OPay transactions more than double to $358 billion as IPO nears

Nairametrics · 26m ago

N31trn assets: How Nigeria’s pension funds are building towards private equity opportunity

Businessday NG · 1h ago

Infrastructure gains come at a cost as property market soar in Abuja

Businessday NG · 2h ago

Geregu Power: When revenue and profit mask a cash flow problem

Nairametrics · 2h ago