November 24, 2021/United Capital Research In line with our expectations, the Monetary Policy Committee (MPC) met yesterday and voted unanimously to keep all policy variables unchanged. Notably, the committee hinted at a rate hike in the near future, noting the US and other advanced economies’ impending hawkish tilt and the […]
OPINION/EDITORIAL
Biden’s Bid To Lower Oil Prices Fails
November 23, 2021/OilPrice.com Chart of the Week – Russian gas exports into Europe remain roughly on par with last year’s readings when the second wave of covid was battering the continent’s demand, currently hovering around a 3000 GWh/day rate. – Following the suspension of the Nord Stream 2 approval process, […]
Green Shoots in the Non-Oil Economy
November 23, 2021/Coronation Research The latest national accounts released by the National Bureau of Statistics (NBS) show that GDP grew by 4.0% y/y in Q3 ’21 compared with 5.0% y/y recorded in Q2 ’21. This growth can be partly attributed to positive base effects, steady progress in stemming the spread […]

