US Benchmark interest rate is one of the main drivers of US economy. US federal reserve kept its target policy rate in the range of 1.50% and 1.75% while maintain economic growth expectations at about 2%. These led to continued growth of the US economy. Reuters
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.59% to 29,378.63 Index Points and N15.133Tr respectively. Year-to-Date ASI is still at a positive of 9.45%. Number of trade and Value of trade both increased by 5.92% and 44.18% to 4561 and N4.829 Billion respectively…
Global Economy –Rundown: The European Central Bank held its deposit rate constant at (0.5%), as marginal lending facility and refinancing rate both remained constant respectively, at 0.25% and 0% by a unanimously Governing Council vote in its initial rate decision for the year, while the Bank Chair reaffirmed that the council will be holding the…
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.26% to 29,552.99 Index Points and N15.223Tr respectively. Year-to-Date ASI is still at a positive of 10.10%. Number of trade and Volume of trade both increased by 11.79% and 140.59% to 4306 and 444.038 Million respectively…
Germany’s Economic growth is one of the main drivers of the Europe’s Economy. The German government has revised its estimate for this year’s economic growth from 1.0% to 1.1%. Germany narrowly dodged recession in 2019 and started 2020 slowly. Reuters
Equities Market The Nigerian Equity Bourse recorded an upward swing, as NSE ASI and Market capitalization both increased by 0.45% to 29,591.29 Index Points and N15.242Tr respectively. Year-to-Date ASI is still at a positive of 10.24%. Number of trade and Volume of trade both decreased by 33.63% and 37.62% to 2915 and 196.929 Million respectively…
Inflation is one of the main drivers of European Union’s Economy. Inflation rate target has remained stable below 2% since 2003 while deposit rate is expected to stay at minus 0.5%. These drives the Expectation that Euro-Zone GDP growth will slow slightly to 1.1% in 2020 from 1.2% in 2019 then increase in 2021. Bloomberg
Equities Market The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.02% to 29,458.21 Index Points and N15.174Tr respectively. Year-to-Date ASI is still at a positive of 9.75%. Number of trade and Value of trade both decreased by 11.18% and 1.97% to 4392 and N3.64 Billion respectively…
Canada’s benchmark interest rates are one of the main drivers of Canada’s Economy. Canada annual inflation rate remained stable at 2.2% while the wholesale trade fell by 1.2% in November 2019. These drives the Expectation that Bank of Canada holds its benchmark Interest rate at 1.75%. Reuters
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…
