FCSL WEEKLY MARKET REPORT_ 6TH NOVEMBER, 2020

Global Economy –Rundown: The United States Fed Reserve maintained its key benchmark rate at 0%- 0.25%, while policymakers held that the economy is not out of the woods of economic struggles despite splashes of rebound in economic activity, as the economy remains below the pre-pandemic levels. The recent economic trajectory remained within the cautious territory,…

FCSL WEEKLY REPORT _30TH OCTOBER, 2020

Global Economy –Rundown: The recent European region statistics have revealed that the region economy GDP recorded a 12.7% growth for Q3, and a 12.1% GDP growth was recorded within the European Union States, on a quarter on quarter basis, while their respective year on year GDP remains within the contraction bandwidth. The growth was propelled…

FCSL WEEKLY MARKET REPORT _23RD OCTOBER,2020

Global Economy –Rundown: According to the International Monetary Fund, the Sub Saharan region is projected to contract by 3% for the year 2020, this was the view of the fund in its recent published outlook, given the persistent wave of the economic shock that is expected to be more exacerbated among tourism-dependent economies and commodity-exporting…