Page 59 - Frx News Today

Nigeria's outgoing government has recommended that the new administration of president-elect Bola Tinubu give public sector workers pay rises after removing a fuel subsidy in June, Labour Minister Chris Ngige said on Tuesday.

A look at the day ahead in Asian markets from Jamie McGeever.

South Korea's consumer sentiment improved in March to its highest level in nine months, with inflation expectations easing from a month earlier, a central bank survey showed on Wednesday.

The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor Erik Thedeen said on Sunday.

Investors hope that authorities are working to ring-fence stress in the global banking system.

South Africa's rand weakened against a stronger dollar on Monday, as investors awaited a central bank decision on monetary policy later this week.

The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by authorities and regulators to rein in worries over the global banking system.

A look at the day ahead in European and global markets from Wayne Cole

British businesses should consider official forecasts showing inflation will fall this year when setting their prices, Bank of England Governor Andrew Bailey said on Friday.

The Indian rupee strengthened against the dollar on Monday, helped by expectations of inflows and a slight improvement in risk sentiment.