GLOBAL ECONOMIC MELTDOWN AND THE NIGERIAN CAPITAL MARKET
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GLOBAL ECON… Read More
Oil jumps 3% as steep US crude stocks draw adds to supply concerns
By Arathy Somasekhar
HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected… Read More
Bangladesh Bank (BB) has reduced the US dollar-retention limit for exporters who maintain foreign-currency accounts with profits from shipments.
The Bangladesh Bank (BB) has once again ta… Read More
Relative to the world’s largest oil producing nations, Gobon is a small oil producing country. The OPEC member produces around 185,000 barrels a day.
For more than a decade, the c… Read More
The global ethylene oxide market is valued at $51.7 billion in 2022 and is expected to grow at a CAGR of 5.8% to reach $90.6 billion by 2032.
The ethylene oxide market plays a vital role in… Read More
Maintaining Stability amid Turbulence: Challenges for Global Natural Gas Collaboration in a Trade War Era
The Impact of Trade Wars on Natural Gas Collaboration
Trade wars, characterized by… Read More
By ForexTime
Brent’s 50-day SMA could soon cross above 200-day counterpart
However, other forces may negate bullish “golden cross” signal
Oil weighed down by risk of higher… Read More
On Monday, the Russian ruble experienced a decline, falling below the 100 mark against the dollar. That marks its weakest point since March 23, 2022, a few weeks after Moscow initiated full… Read More
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Retail sales rose solidly last month in a sign that consumers are still spending freely
NEW YORK (AP) — Americans increased their purchases at retailers last month – for cl… Read More
(Bloomberg) — When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instea… Read More
Author: Richard Katz, Carnegie Council for Ethics in International Affairs
Japanese automakers are risking a repeat of the decline of Detroit’s big three automakers — Chrysler, F… Read More
Sanctions continue to work: Russian crude and diesel exports are still going strong, helping to keep world energy markets supplied, while steep price discounts are curbing revenues to Ru… Read More
By JustMarkets
The US indices closed lower on Wednesday as minutes from the Federal Reserve’s June meeting showed appetite for policy tightening and interest rate hikes. At the close o… Read More
Fossil fuels have long been the backbone of our modern society, powering industries, transportation, and daily lives. However, the limited nature of fossil fuel reserves raises concerns abou… Read More
Russian companies raked in a record $15 trillion in revenue in 2022, according to the federal tax department.
That’s nearly double the total revenue they clocked in 2021.
But it… Read More
Dow finished down 50, advancers barely ahead of decliners & NAZ went up 41. The MLP index was off 1+ to the 221s & the REIT index edged up 1+ to the 355s. Junk bond funds… Read More
Short answer: US largest trading partner
The United States’ largest trading partner is China, followed closely by Canada and Mexico. In 2019, the US traded over $560 billion worth of… Read More
By Charles Mangin, Head of FX Trading at Crown Agents Bank
Nigeria’s recent presidential election was won by Bola Tinubu and the All Progressives Congress (APC) party, who secured 36… Read More
Dow went up 81, advancers over decliners 3-1 & NAZ gained 108. The MLP index rose 4 to the 365s & the REIT index was up about 1 taking it near 221. Junk bond funds were… Read More
Source: Ron Struthers (2/21/23)
Future markets have been compromised in the past four weeks by hackers blocking the Commitment of Traders reports. There has been unusual tra… Read More
The Biden administration is holding indirect discussions with Iran on a possible prisoner exchange in a bid to secure the release of American citizens imprisoned in Iran, with Qatar and the… Read More
The war that began with Russia’s invasion of Ukraine in February 2022 is approaching a grim one-year milestone, with mounting military and civilian deaths.
As Russia steps up attacks… Read More
US futures dropped after yesterday’s meltup, led decrease by semiconductor shares and traded in a decent vary on Friday after a catastrophic earnings report and steerage from (forme… Read More
Against the background of the war in Ukraine, which made it difficult for wheat, corn and sunflower tradethe prices of staple foods broke records in 2022, the United Nations Food and Agric… Read More
Three key drivers shaped ocean shipping markets in 2022: the end of the container boom, Russia’s invasion of Ukraine and China’s worsening economic and geopolitical situation… Read More
Synopsis
Farmers have also increased acreage under rapeseed, the key winter-sown oilseed, to 7.1 million hectares as of Nov. 25, up from last year’s 6.2 million hectares, the Minist… Read More