Consumer prices are one of the main drivers of the US economy. US Consumer price index decreased month-on-month by 0.1% in May 2020 after decreasing 0.8% in April 2020 while, the CPI increased year-on-year by 0.1% in May 2020 after increasing by 0.3% in April 2020. These are as a result of the negative growth…
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.34% to 25,335.15 Index Points and N13.22 Trillion respectively. Year-to-Date ASI is still at a negative of -5.61%. · Number of trade and Value of trade both decreased by -10.47% and -48.25% to 4137 deals…
Household spending is one of the main drivers of the Euro zone’s economy. GDP of the 19 countries sharing the euro decreased at the rate of 3.1% year-on-year in quarter one 2020. Household consumption was responsible for 2.5 percentage points and investment for 1 points of GDP, while net trade was -0.4 points, government spending…
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.93% to 25,250.20 Index Points and N13.17 Trillion respectively. Year-to-Date ASI is still at a negative of -5.93%. · Number of trade and Volume of trade both increased by 6.43% and 7.46% to 4621 deals…
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
