August 6, 2021/OilPrice.com Oil market sentiment is decidedly cautious this week as covid cases climb and U.S. crude inventories increase. Friday, August 6th, 2021 Despite the Friday trading session recovering somewhat from this week’s aggregate declines, the overarching sentiment on the oil markets is still that of caution, seeing China […]
OPINION/EDITORIAL
PMI Reading No 100: A Tad Further Below Water
August 6, 2021/Proshare by FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI) remained in negative territory in July, easing from 48.8 in June to 48.0. It was the first of its kind in Nigeria, and we have now achieved a century of reports. Readings for two of the five sub-indices […]
CBDC: A Solution in Search of a Problem?
August 5, 2021/US Federal Reserve Governor Christopher J. Waller At the American Enterprise Institute, Washington, D.C. (via webcast) The payment system is changing in profound ways as individuals demand faster payments, central banks including the Fed respond, and nonbank entities seek a greater role in facilitating payments. In all this […]

