Author: Charlotte

September soybean meal (ZMU26) futures present a “swing-trade” buying opportunity.See on the daily bar chart for September soybean meal futures that prices have sold off recently and are now near the bottom of a well-defined trading range. It’s my bias that chart support at the $300.00 area will stop and reverse the price decline. History shows that meal prices around the $300.00 area are a value-buying opportunity.Fundamentally, global food prices are on the rise amid rising world inflation. Also, soy complex futures spread traders had been selling meal and buying soybean oil (ZLN26). However, those spread trades will have to…

Abdul Samad Rabiu, chairman of BUA Group and Africa’s second-richest man, has taken delivery of a Bombardier Global 8000 private jet valued at approximately $81 million, further expanding the corporate aviation fleet of one of Africa’s largest industrial conglomerates. Rabiu confirmed the arrival of the aircraft on Tuesday through a post on his official Instagram account, writing: “Alhamdu Lillah. A new addition. Global 8000.” The delivery follows a purchase agreement reportedly signed on December 4, 2025, at BUA Group’s Dubai office after weeks of negotiations with executives from Canadian aircraft manufacturer Bombardier. The acquisition places Rabiu among the early African…

Summary: Nigerian industries and markets work fairly well where the government is the regulator, and the private sector is the operator. But it is a rule of thumb that when the government serves as a regulator and operator in any industry, including the petroleum industry, it renders both functions ineffectual.Like most countries of the world now do, Nigeria operates a mixed economic system. A mixed economic system combines the attributes of the command economic system and market economic system. In a command economic system, a central authority, which is usually the government, controls much of the economic structure. But in…

LIVONIA, Mich., June 09, 2026 (GLOBE NEWSWIRE) — Influenced by significant market volatility, the alternative investments landscape has reached a critical point. Even as alternative investments become more mainstream and easier to access, retail investors are taking a more cautious approach and increasingly seeking financial advisors to guide them through the process.This is according to the latest Cogent Syndicated Trends in Alternative Investments™ report from Escalent. The annual report measures the rate of adoption and share of assets dedicated to alternative investments among financial advisors and affluent investors, as well as which asset classes within the category are currently favored…

U.S. inflation data came in as expected on Wednesday, reinforcing the view that the Federal Reserve will keep interest rates at 350-375 bps at its June 17 meeting but is likely to increase rates by 25 bps by the end of the year. The Consumer Price Index year over year rose 4.2% in May, according to a report from the Bureau of Labor Statistics. Economists had been expecting a rise of 4.2% following the April 3.8% increase.On a month-over-month basis, CPI rose 0.5%, against expectations of 0.5% and against April’s 0.6% rise. Core CPI, which excludes food and energy costs,…

As you will recall if you read this article, Nomura announced its bonuses last month. Some people there were paid “beyond expectations.” Some were not. Some have been leaving. 💥Follow us on WhatsApp for news alerts.💥We understand that around five people have left Nomura’s trading business in recent weeks. But we also understand that at least two people have arrived.Nomura declined to comment for this article but we understand that the departures include: Sergey Smallkov, an emerging markets STIR trader in London; Kentaro Seki, a senior rates trader in Tokyo and Christopher Killoran, a junior rates trader in Sydney. An executive…

2026 could be the biggest year ever for initial public offerings (IPOs), with high-profile private companies SpaceX, Anthropic and Databricks among numerous super-sized upcoming IPOs expected to hit the markets over the coming months.If you’re a stock investor looking for fresh meat to sink your teeth into, 2026 is a veritable Fogo de Chão.But even if most or all of your money is wrapped up in low-cost index funds and you have no real hunger for these shares, you still might be digesting a considerable slice of some of these and other potential mega-cap IPOs. From just $107.88 $24.99 for…

LinkedIn platform data show UK hiring is down 24 per cent on pre-pandemic levels and 10 per cent year on year, while London is down 32 per cent since January 2019, according to a LinkedIn labour-market report and reporting by City AM and The National. Janine Chamberlin, head of LinkedIn UK, said the data points to “economic uncertainty and low business confidence rather than AI job shocks.” At a Chatham House panel on AI and the future of work, Blake Lawit, LinkedIn’s chief global affairs and legal officer, said hiring slowness “seems much more driven by macroeconomic conditions like a…

Pictet’s Doc Horn outlines how disciplined portfolio positioning, selective alpha opportunities and diversified hedge fund allocations can help investors navigate an increasingly uncertain market environment. Over the next 12 months, Doc Horn, Head of the Total Return Equities Fund at Pictet Asset Management, believes the fund’s success will largely depend on how effectively it allocates capital between offensive and defensive opportunities across its 15–20 internal teams. “The macro shocks that we have been experiencing have increased the opportunity set for our active managers to exploit inefficiencies as they emerge. However, avoiding large drawdowns is critical in uncertain times.” As head of…

In EU crypto news, within 24 hours of each other, Russia and the European Union each moved to restrict the same class of crypto assets, for completely opposite reasons. Russia’s Deputy Finance Minister Ivan Chebeskov, speaking at the St. Petersburg International Economic Forum on June 9, 2026, announced fees of 0.5–3% on assets classified as Russia-unfriendly crypto, explicitly naming USDT, USDC, and BNB. The same day, the EU unveiled its proposed 21st sanctions package, the first to give Brussels the legal power to impose a full operational ban on any foreign country’s crypto sector if it is found to be…