Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.83% to 29,462.76 Index Points and N15.176Tr respectively. Year-to-Date ASI is still at a positive of 9.76%. Number of trade and Value of trade both decreased by 2.12% and 11.26% to 4945 and N3.713 Billion respectively…
The Bank of Japan (BOJ) policies are one of the main drivers of Japan’s Economy. BOJ kept its short term inflation target at -0.1% while pledging to guide 10-year government bond yields around 0%. These are driven by the revision of growth for 2020 from 0.9% to 0.7%. Reuters
Global Economy –Rundown: Details of the ratified US China phase one trade resolution revealed that, China has pledged to purchase additional $200 Billion of US goods and services over the next two years and United States compensating side of the deal would be the reduction of tariffs to 7.5% from 15% on imported Chinese products…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.31% to 29,710.56 Index Points and N15.304Tr respectively. Year-to-Date ASI is still at a positive of 10.69%. Number of trade and Value of trade both increased by 21.01% and 17.70% to 5052 and N4.184 Billion respectively…
The European Central Bank (ECB) policies are one of the main drivers of European Union Economy. ECB has kept inflation target below 2% since 2003 while Sweden’s Central Bank (Riksbank) has increased from its negative interest rate to 0%. These are driven by the ECB estimate of 10% rise in Oil price having a negative…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.91% to 29,618.52 Index Points and N15.256Tr respectively. Year-to-Date ASI is still at a positive of 10.34%. Number of trade, Volume of trade and Value of trade all decreased by 10.29%, 16.06% and 29.16% to 4175,…
US – China trade is one of the main drivers of China’s Economy. China’s growth decreased to 6.1% in 2019 from 6.6% in 2019 due to the Us –China Trade war while Industrial output, retail sales and Fixed-asset investment increased in 2019. China’s growth is expected to remain steady in 2020 due to the signing…
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 1.00% to 29,352.13 Index Points and N15.142Tr respectively. Year-to-Date ASI is still at a positive of 9.35%. Number of trade, Volume of trade and Value of trade all increased by 7.11%, 7.52% and 77.01% to 4654,…
US – China trade talk is one of the main drivers of US and China Economy. The trade deal is expected to add 0.5% point to US GDP in both 2020 and 2021 while halving tariff rate to 7.5% on about $120 billion worth of Chinese goods. Reuters
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.75% to 29,062.50 Index Points and N14.992Tr respectively. Year-to-Date ASI is still at a positive of 8.27%. Number of trade, Volume of trade and Value of trade all decreased by 23.92%, 46.00%, 56.49% to 4345, 360.076…