Tag Archives: recap

Lagos, Nigeria, was a haven for music enthusiasts as it hosted a sensational four-day music festival. Nestled against the backdrop of its vibrant nightlife and rich cultural scene, Flytime Fest was a massive success, drawing 30,000 fans to its sold-out venue from December 22 to 25, with Gunna, Olamide, Davido, and Ayra Starr serving as the festival’s headliners.  Tyla, Wizkid, …

The Buffalo Bills were huge favourites against the three-win New England Patriots but divisional games in the NFL are never that straightforward – and it took a big defensive effort for the hosts to claim a 24-21 victory. MVP favourite Josh Allen had one of his quieter games, and also suffered a late hit to his throwing arm, while cornerback …

Global markets are set to end the week lower following the Fed’s hawkish rate cut on Wednesday, which sent government bond yields soaring, draining liquidities. ADVERTISEMENT Global stock markets ended Thursday in a sea of red following the Fed’s hawkish pivot, leading to a broad-based selloff not seen since August. The souring sentiment caused major benchmarks on both sides of …

Global markets saw a slide in weekly performance due to rising government bond yields, following the US inflation data release and the ECB’s hawkish rate cut. ADVERTISEMENT The rally on the European stock markets stalled, with a flat weekly performance, due to rising global government bond yields. The US CPI data for November showed that inflation rose for the second …

The European stock markets rebounded on Thursday but remained in negative territory for the week as rising geopolitical tensions weighed on sentiment. ADVERTISEMENT Stock markets on both sides of the Atlantic diverged this week. The European equities remained under pressure amid rising geopolitical tensions, while Wall Street sustained the upside momentum following robust Nvidia’s quarterly earnings result. The escalation in …

Global stock markets faced sell-offs this week, as Wall Street’s rally began losing momentum amidst fading optimism around Trump. European markets managed a modest rebound on Thursday, spurred by positive outlooks from tech giants ASML and Siemens. ADVERTISEMENT Global markets appear likely to end the week on a sour note as Wall Street’s Trump-led rally began to falter. Despite a …

Global stock markets are set to end the week on a strong note amid the US election and China’s highly anticipated additional stimulus measures. However, European benchmarks underperformed global peers due to economic concerns and political instability. ADVERTISEMENT Despite a broad rebound in European stock markets on Thursday, major benchmarks remained under pressure following Trump’s victory in the US election …

Global markets are set to finish the week lower due to uncertainties surrounding the economic and political landscape ahead of the US presidential election and the Japanese general election. Risk-off sentiment shaped market trends as precious metal prices surged. ADVERTISEMENT Both European and US markets retreated from all-time highs and are likely to end the week lower as the rally …

Global stock markets rose on optimism surrounding potential ceasefire talks in the Middle East. However, the rally lost steam after the US reported a hotter-than-expected CPI by the end of the week. Notably, the semiconductor sector posted gains due to strong demand forecasts for AI chips. ADVERTISEMENT Global markets posted gains this week as fears of a wider conflict in …