OPINION/EDITORIAL

Oil In Focus Ahead Of OPEC+ Meeting

September 2, 2021 Written by Lukman Otunuga, Senior Research Analyst at FXTM August was a turbulent month for oil prices as conflicting themes caused the commodity to appreciate and depreciate on alternate weeks. Despite bulls dominating the scene last week, both Brent and WTI Crude have posted their first monthly […]

Kenya August 2021 CPI: Food Prices and Currency Pressures to Stoke Headline Inflation

September 2, 2021/Cordros Report According to the recently released inflation report by the Kenya National Bureau of Statistics (KNBS), headline inflation increased marginally by 2bps to 6.57% y/y in August from an upwardly revised print of 6.55% y/y in July. During the review period, the increase in domestic prices was […]

Evaluating BDCs’ Creative FX Supply Sources

September 2, 2021/United Capital Research Following the Central Bank of Nigeria’s (CBN) decision to halt sale of Foreign Exchange (FX) to Bureau De Change (BDCs) operators, many of them have suffered for volumes and had to seek alternative sources to get FX supply. Survey of anecdotal sources revealed that BDCs […]