Written on 15/12/2021 by Lukman Otunuga, Senior Research Analyst at FXTM As inflationary pressures ease and economic growth slowly recovers, it remains a matter of ‘when, not if’ the Central Bank of Nigeria will raise interest rates in 2022. Other central banks have already joined the global tightening train in […]

Photo: aldomurillo/iStock by Getty Images   IMF COUNTRY FOCUS December 14, 2021 Santiago Acosta Ormaechea and Samuel Pienknagura Loor Western Hemisphere Department Public debt ratios in Latin America and the Caribbean (LAC) increased by about 10 percentage points of GDP in 2020. With debt service costs rising, countries in the […]

December 14, 2021/Oilprice.com Chart of the Week – Despite fears of Omicron playing a large role in markets and the media, OPEC raised its global oil demand forecast for Q1 2022 this week, arguing that Omicron would only have a mild and brief impact.  – In its monthly report, OPEC expects world […]