US job growth is one of the main drivers of US economy. US economy grew by 2.1% in third quarter 2019, while it grew by nearly 3% in third quarter 2018. US economy is expected to grow by 2.3% at the end of 2019 due to the low unemployment rate of 3.5% in December 2019.…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 2.92% to 29,395.57 Index Points and N15.164Tr respectively. Year-to-Date ASI is still at a positive of 9.51%. No of trade, Volume of trade and Value of trade all decreased by 12.96%, 6.56% and 19.22% to 6634…
UK Benchmark Interest rates are one of the main drivers of UK economy. A few policymakers on the Bank of England (BoE) interest rate-setting committee voted to decrease interest rates to 0.5% from 0.75% due to the current weak growth in UK’s economy. There is a chance that the bank of England will reduce its’…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 3.54% to 28,562.48 Index Points and N13.787Tr respectively. Year-to-Date ASI is still at a positive of 41%. No of trade, Volume of trade and Value of trade all increased by 33.09%, 66.18% and 58.36% to 7622…
US Trade balance is one of the main drivers of US economy. US trade deficit decreased by 8.2% to $43.1 billion in November 2019, while the US economy grew by 2.1% in 2019 third quarter. US trade is expected to boost US GDP growth in 2019 fourth quarter due to Increase in exports and decrease…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.90% to 27,586.93 Index Points and N13.316Tr respectively. Year-to-Date ASI is still at a positive of 77%. No of trade and Volume of trade both decreased by 0.99% and 14.23% to 5727 No of trade and…
Inflation is one of the main drivers of Thailand financial system. Thailand’s central bank left its benchmark interest rate at 1.25%, but reduced inflation forecasts and growth to 0.8% and 2.8% respectively. Reuters
Global Economy –Rundown: The United State and China phase 1 trade resolution is expected to be signed in the coming weeks, while the trade path is said to be at the translation stage, while prominent area of the trade dispute that focus on Intellectual Property, Technology transfers and Perceived Currency Manipulation, were covered in the…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.38% to 27,339.68 Index Points and N13.199Tr respectively. Year-to-Date ASI is now at a positive of 85%. No of trade and Volume of trade both decreased by 4.73% and 14.52% to 5784 No of trade and…
Repurchase agreement (repos) is one of the main drivers of the US Financial System. The cost of some overnight loans increased to 10%, more than four times the benchmark rate in 2019. This has led to Injections of billions of dollar into repo market by the US Federal Reserve Bank to boost liquidity which is…
