Sales tax is one of the main drivers of Japan’s Economy. Private consumption decreased by 2.9%, while capital expenditure decreased by 3.7% in fourth quarter 2019 caused by an increase in sales tax. These led to decrease in Japan’s gross domestic product (GDP) by 6.3% in fourth quarter 2019. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.39% to 27,755.87 Index Points and N14.456 Tr respectively. Year-to-Date ASI is still at a positive of 3.40%. · Number of trade, Volume of trade and Value of trade all decreased by 0.28%, 12.01% and…
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.05% to 27,864.84 Index Points and N14.513Tr respectively. Year-to-Date ASI is still at a positive of 3.81%. · Number of trade and Volume of trade both decreased by 9.12% and 1.10% to 3198 and 150.725…
Fiscal policies are one of the main drivers of US economy. US budget deficit is expected to average $1.3 trillion a year over the next decade, while US economy is expected to grow by 2.2% in 2020, with the growth rate falling below 2.0% in future years. Reuters
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%…
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
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.36% to 27,871.90 Index Points and N14.516Tr respectively. Year-to-Date ASI is still at a positive of 3.84%. · Number of trade, Volume of trade and Value of trade all increased by 5.82%, 38.03% and…
Annual Budget is one of the main drivers of US economy. The US economy grew by 2.3% in 2019, while President Donald Trump’s is proposing $4.8 trillion budget for 2020. These should lead to US economy growth of 2.2% in 2020. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 1.05% to 27,772.19 Index Points and N14.464Tr respectively. Year-to-Date ASI is still at a positive of 3.47%. · Number of trade, Volume of trade and Value of trade all decreased by 17.82%, 34.14% and…
China fiscal spending is one of the main drivers of Chinese Economy. China fiscal spending increased by 8.1% in 2019 while fiscal revenue increased by 3.8% in 2019. These led to growth in Chinese economy by 6.1% in 2019. Reuters
