Global stock markets reverse steep losses in wild trading amid signs of support from CenBanks. BoJ issues an emergency statement, says will strive to provide ample liquidity. Interbank Futures imply rate cuts by BoJ, Fed, RBA. Bonds gain w/10y yields <1.10%. Gold bounces >$1600
Congrats to the investors who in the midst of a global financial crisis and seize-up of interbank markets, correctly predicted that palladium would be the big winner.
#CBN releases Revised Guidelines for the Operation of the Nigerian Inter-Bank Foreign Exchange Market