Inflation is one of the main drivers of Germany’s economy. ECB’s inflation target is currently below but close to 2% while Bundesbank’s predicts a 0.6% GDP expansion in 2020. Coronavirus may lead to German Economy not meeting its growth forecast. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.62% to 26,808.24 Index Points and N13.966 Tr respectively. Year-to-Date ASI is now at a negative of -0.13%. · Volume of trade and Value of trade both increased by 1.38% and 63.69% to 231.53 Million…
Business Spending is one of the main drivers of US economy. Business investment decreased by 2.3% rate in the 2019 fourth quarter, while consumer spending increased by 1.7 in the fourth quarter 2019. These led the US Gross domestic product to increase by 2.1% annualized rate. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.22% to 26,974.38 Index Points and N14.052 Tr respectively. Year-to-Date ASI is still at a positive of 0.49%. · Number of trade, Volume of trade and Value of trade all decreased by 14.03%, 5.52% and…
Trade is one of the main drivers of German economy. Exports fell by 0.2% in the fourth quarter 2019, while Gross investment increased by 2.9% in the last quarter of 2019 with State consumption adding 0.1 percentage points to growth, while private consumption made no contribution. These led the German economy to grow by 0.6%…
Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 1.27% to 27,041.03 Index Points and N14.087 Tr respectively. Year-to-Date ASI is still at a positive of 0.74%. · Number of trade, Volume of trade and Value of trade all increased by 2.49%, 1.83% and…
Benchmark Interest rate is one of the main drivers of European economy. Euro zone money markets priced in around a 50% chance that the European Central Bank will cut interest rates by 10 basis points in July 2020 which is up from around 35% a week ago. This should boost growth in European economy. Reuters
Equities Market · The Nigerian Equity Bourse recorded a downward swing, as NSE ASI and Market capitalization both decreased by 0.65% to 27,388.62 Index Points and N14.268 Tr respectively. Year-to-Date ASI is still at a positive of 2.04%. · Number of trade and Value of trade both increased by 5.64% and 54.68% to 4423 and…
US benchmark Interest rate is one of the main drivers of US economy. US benchmark interest rate is set in a range of 1.50% to 1.75% which should lead to U.S. economy growing at a 2.00% to 2.25% annualized rate in 2020. Reuters
Equities Market · The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.17% to 27,568.91 Index Points and N14.362 Tr respectively. Year-to-Date ASI is still at a positive of 2.71%. · Number of trade and Volume of trade both increased by 18.68% and 67.15% to 4187 and…
