Zambia Stock Market to Debut Gold ETF, Sees Five Stock Listings
The Lusaka Securities Exchange will introduce its first-ever exchange-traded fund before the end of October, giving Zambian investors exposure to gold.
The Lusaka Securities Exchange will introduce its first-ever exchange-traded fund before the end of October, giving Zambian investors exposure to gold.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
WH Smith Plc expects profit to be at the bottom of its guidance range as inflation and an increase in promotions weigh on the British travel retailer’s performance.
Uganda’s shilling slumped to a two-year low against the dollar, weighed down by a surge in demand for foreign-exchange in key economic sectors including energy, manufacturing and telecommunications.
European shares snapped two days of losses as oil prices eased and the bond selloff slowed, with traders looking ahead to the Federal Reserve’s interest-rate decision later today.
Alexandra Ivanova, fund manager at Invesco Fixed Income, discusses what to expect from the Federal Reserve’s interest rate decision. Speaking on Bloomberg Television, she says “it’s actually going to be more risky” if the central bank holds rates. Ivanova also talks about market positioning ahead of the decision. (Source: Bloomberg)
Asian refiners are starting to think about lowering run rates and preparing for the possibility that fuel exports may be curbed as the widening Middle East war boosts oil prices and shrinks stockpiles.
European natural gas held near its highest levels since 2022 as traders work to refill depleted stockpiles, with the start of the heating season approaching and no resolution in sight for the crisis in the Middle East.
Coins or bars? How premiums over spot work, why small items cost more per ounce, and how resale and flexibility compare when buying physical gold and silver.