August 3, 2021/OilPrice.com Chart of the Week – The long-awaited bipartisan infrastructure bill worth more than $1 trillion was opened for debate on the Senate floor yesterday. – Unless the bill’s provisions get tightened, the scope of potential demand destruction for the oil industry remains narrow – […]
OPINION/EDITORIAL
FX Policy Deja Vu
August 2, 2021/Coronation Research Last week, in a surprise announcement, the CBN governor halted the sale of the apex bank’s FX to Bureau De Change (BDC) operators. The statement, and reasons given for the action, gave us a feeling of deja vu – the CBN did this in 2016. So, […]
Price Level: High Base Effect to Sustain Dis-Inflationary Trend
August 3, 2021/United Capital Research In H2-2021, the direction for inflation is expected to take an interesting turn with several factors shaping aggregate price level direction. Some inflationary drivers include food supply shortages and resumption of total deregulation of downstream oil & gas sector. Although the harvest season comes in […]
