February 12, 2020

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Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.02% to 27,878.43 Index Points and N14.520Tr respectively. Year-to-Date ASI is still at a positive of 3.86%. · Number of trade, Volume of trade and Value of trade all decreased by 4.63%, 44.84% and 34.29%…

Fed's Powell says economy in good place, warns on Coronavirus

Market NewsBy Samuel Obayomi February 12, 2020

Inflation & Interest rates are one of the main drivers of US economy. US Short-term borrowing costs target is between 1.50% and 1.75%, while inflation based on the price index for personal consumption expenditures was 1.6% in 2019.These places US economy in a position of continued expansion. Reuters

February 12, 2020

Daily financial market update 2020 FEB 12

Fed's Powell says economy in good place, warns on Coronavirus