Corona virus crisis is one of the negative drivers of the Japan’s economy. Japan’s economy decreased by 2.2% in quarter one 2020. Japan’s parliament will begin deliberating a second supplementary budget to fund part of a fresh $1.1 trillion stimulus package. This should aid in recovery of Japan’s economy from recession. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by -1.17% to 25,016.30 Index Points and N13.05 Trillion respectively. Year-to-Date ASI is still at a negative of -6.80%. · Number of trade, Volume of trade and Value of trade all decreased by -4.57%, -20.61% and…
Employment is one of the main drivers of the US economy. The U.S. unemployment rate increased to almost 20% in May 2020 from 14.7% in April 2020. These can lead to further decline in the US GDP for 2020 quarter 2. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by -0.38% to 25,312.05 Index Points and N13.204 Trillion respectively. Year-to-Date ASI is still at a negative of -5.70%. · Number of trade, Volume of trade and Value of trade all decreased by 2.34%, 23.53% and…
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.10% to 25,407.96 Index Points and N13.254 Trillion respectively. Year-to-Date ASI is still at a negative of -5.34%. · Number of trade decreased by 2.43% to 4659 deals while Volume of trade and Value of…
China is the world’s second-largest oil consumer. China’s oil demand has recovered to more than 90% of the levels seen before the Coronavirus pandemic which has boosted the recovery of Global Oil prices. Reuters
