FXTM Senior Research
Analyst
The taps on oil prices are set to leak
in the week ahead due to growing evidence of a global slowdown and rising fears
of falling demand for Crude oil.
Smart
Nigerians are getting shares of the new Lagos by acquiring plots and hectares
of land at Ibeju Lekki through COVELAND LIMITED. What are you waiting for?
Click: http://www.tectono-business.com/2019/07/have-share-of-new-lagos-by-investing-in.html
Disappointing economic data from the US
coupled with gloomy outlooks from major institutions like the World Trade
Organisation, Organisation for Economic Co-operation and Development and
International Monetary Fund are fanning fears over a coordinated global slowdown.
Although the commodity is attempting to
rebound on Monday morning, this has nothing to do with a change of sentiment
towards the commodity but Dollar weakness. Given how the dynamics influencing
Oil markets have certainly swung back to demand-side factors, the path of least
resistance for Oil points south.
Wow!!! This landed property
with a C of O @ Abraham Adesanya Roundabout, Ajah suits your taste. Your
colleagues have started buying. What are you waiting for? Click: http://www.tectono-business.com/2019/08/urban-prime-one-estate.html
A flare up in US-China trade tensions
is likely to re-ignite concerns over the global economy – ultimately
strengthening the demand-side drivers. While geopolitical tensions may spark
negative supply side shocks, this most likely will be countered by global
growth fears and trade uncertainty.
What do weaker Oil prices mean for Nigeria?
Weakening oil prices will not only
reduce Nigeria’s government revenues but also the ability for the nations to
move forward with its 2020 budget which pegged Oil prices at $57 per barrel. If
the Central Bank of Nigeria is unable to defend the Naira amid falling external
reserves, hopes of an interest rate cut will fall as inflationary pressures
return, especially after Nigeria’s central bank governor stated that inflation
needs to slow to 9% or less before easing monetary policy.
Have
you thought about having a 5-Bedroom Apartment with Penthouse and Indoor
Swimming Pool near Pan Atlantic University?
For details, click: http://www.tectono-business.com/2019/08/have-you-thought-about-having-5-bedroom.html
Some light at the end of the tunnel for emerging markets?
There is still some light at the end of
the tunnel for emerging markets, but this will depend on the outcome of the
high-level US-China trade talks this week. Given the unfavourable global
macroeconomic conditions, there is a lot at stake. While a breakthrough
US-China trade deal is unlikely, an interim agreement to delay further tariff
increases will be warmly welcomed by financial markets.
Business
executives and CEOs like you always bring their vehicles to GOF AUTOS
LTD for body works, painting with Sikkens paint and oven
baking at rate of N70,000 for cars and N80,000 for SUVs. For details,
click: http://www.tectono-business.com/2017/06/gof-autos-limited-best-automobile.html
Another week packed with major data releases
This will be another week packed with
data releases from major economies with US PPI in sharp focus on Tuesday.
Investors will comb through the FOMC meeting minutes on Wednesday for further
clues on rate cut timings in 2019. Markets are predicting an 80% probability of
a rate cut in October. In the United Kingdom, there will be more Brexit drama
served with UK GDP and manufacturing production figures. Across the Atlantic,
the US CPI and Michigan consumer sentiment could influence rate cut
speculations beyond October.
No comments:
Post a Comment