In the commodity market, gold bears were put to the sword overnight as a weaker dollar and geopolitical tensions around Ukraine boosted the metals safe haven appeal. A report from the Ghana Statistical Service showed that producer inflation in the mi...

Following last week's disappointment concerning the softer than expected non-farm payrolls data, the USD is finding some traction this morning as investors position for the Fed nomination testimonies and the U.S. inflation data scheduled for release....

Two sets of labour market data have already been released. Investors are anticipating a rise in payrolls of some 400k, which would be almost double the previous reading of 210k. A poll conducted by Reuters showed that analysts expect that most curren...

Today's focus will turn to the weekly US jobless claims for the next batch of labour data. For context, Zambia’s economy-wide PMI reading came in at 51.5 in December, down from 51.8 in the previous month. Nigeria: Something for Nigerian Naira bulls t...

Key data scheduled for release today will include the ADP numbers for Dec. It will reflect private sector hiring, which should remain constant above 500k. Ahead of key ADP employment data today, the USD remains on the front foot, although directional...

As inflation concerns persist at the start of the new year, oil remains a focal point for investors given that much of the recent rise in global inflation has been a function of higher oil prices. According to a report by Reuters, the United States h...