August 10, 2020/Coronation Research Last week we received a lot of questions about the foreign exchange markets. Was the World Bank forcing the Nigeria’s hand in demanding unification of all exchange rates? Why was the parallel market rate not weaker? We do not know the inner workings of the World […]
OPINION/EDITORIAL
COVID Fears Cause Oil To Fall Back After A Brief Rally
August 7, 2020/OilPrice.com Oil spiked on a larger than expected inventory draw this week, but fears of a second wave of COVID have caused crude prices to retreat. Friday, August 7th, 2020 Oil prices rallied to multi-month highs mid-week on stronger EIA data. But the market narrative remains the same […]
Aging Economies May Benefit Less from Fiscal Stimulus
August 7, 2020/IMFBlog By Jiro Honda and Hiroaki Miyamoto In the midst of the current COVID-19 pandemic, policymakers around the world are undertaking fiscal stimulus—a combination of spending increases and tax reductions—to support their economies. Even before the present crisis, the importance of fiscal policy has been increasing, with monetary […]
