AGP Executive Report
Last update: 12 hours agoMarkets: European shares rose as oil prices eased on reports of a Russia-Ukraine energy truce, though Kyiv said it had not been told of any deal. US inflation data and earnings are now in focus. Bonds & Rates: A global bond sell-off is lifting borrowing costs, but analysts say higher yields could leave central banks with less need to raise rates. India’s 10-year yield hit a three-year high as RBI measures weighed on bond demand. Currencies: The RBI tightened rules on rupee derivatives to curb hedging demand as the currency remains under pressure. Nigeria’s FX trading nearly doubled to $3.37 billion last week, largely on stronger spot transactions. Banking & Finance: Malaysia’s Digital Nasional secured RM5.2 billion ($1.27 billion) in syndicated Islamic financing to refinance debt and support its 5G network. Ghana’s banking-sector assets rose 20.5% to about GH¢500 billion. Corporate: Recruitment firm Hays fell sharply after reporting a 7% drop in permanent-hiring fees, pointing to continued caution among employers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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