JP Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing

Pages: [1] Go Down

Topic: JP Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing (Read 1199 times)

0 Members and 1 Guest are viewing this topic.

JP Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing

« on: March 02, 2023, 07:04:23 AM »

JP Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing

Wall Street investment bank JPMorgan closed a key bearish bet on Nigerian assets on Tuesday, saying the risk of potential problems from the west African country’s national elections may be easing, Reuters reports. Traders should take profits on a long trade on U.S. dollar-Nigerian naira 9-month non-deliverable forwards (NDFs) – a trade that bets on […]

Source: JP Morgan Closes Bearish Nigeria View, Says Election Risks Now Easing

Invest in Bitcoins: https://hashflare.io/r/CF2F6691

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
British media personality Piers Morgan speaks up for Nigeria Started by linda TV/Celebrity Events/Fashion	0 Replies 1805 Views	January 11, 2015, 01:01:12 AM by linda
JP Morgan threatens to remove Nigeria from key bond index Started by clowntom Newspaper Board	0 Replies 1934 Views	June 08, 2015, 01:01:27 AM by clowntom
Piers Morgan gives his thoughts on Donald Trump & celebs campaigning for Hillary Clinton hours before election Started by linda TV/Celebrity Events/Fashion	0 Replies 2758 Views	November 08, 2016, 01:01:03 PM by linda
No pay-per-view plan in Nigeria, says Multichoice Started by thenation Newspaper Board	0 Replies 1697 Views	September 15, 2017, 07:03:04 AM by thenation
Public facilities maintenance in Nigeria – A Bird’s eye view Started by observer Newspaper Board	0 Replies 1499 Views	December 02, 2017, 01:10:06 AM by observer
Malabu Oil Deal: Nigeria Sues JP Morgan For $875m Started by flukky-2 Newspaper Board	0 Replies 1328 Views	January 19, 2018, 07:03:21 AM by flukky-2
Nigeria Risks Ban From Int’l Financial Transactions Over Egmont Threat Started by flukky-2 Newspaper Board	0 Replies 1072 Views	February 06, 2018, 07:02:53 AM by flukky-2
APC Deserves Re-Election In View Of Its Achievements — Buhari Started by observer Newspaper Board	0 Replies 1647 Views	October 16, 2018, 01:04:11 PM by observer
IMF Foresees Easing in Nigeria’s Inflation, Seeks Stronger Fiscal, Monetary Policies Harmonisation Started by thisday Newspaper Board	0 Replies 835 Views	October 12, 2022, 01:03:17 PM by thisday
Nigeria in talks with JP Morgan to re-enter bond index Started by flukky-1 Newspaper Board	0 Replies 239 Views	April 25, 2025, 01:01:44 PM by flukky-1