August 4, 2020/IMFBlog By Martin Kaufman and Daniel Leigh The world entered the COVID-19 pandemic with persistent, pre-existing external imbalances. The crisis has caused a sharp reduction in trade and significant movements in exchange rates but limited reduction in global current account deficits and surpluses. The outlook remains highly uncertain […]
OPINION/EDITORIAL
The risk in the duration trade
August 3, 2020/Coronation Report Talking with clients about our report ‘Navigating the Capital Market; the Investors’ Dilemma’, 14 July 2020 we sometimes hear back that Federal Government of Nigeria bonds are safe while equities are risky. Is this entirely true? Buying long-dated FGN bonds has been profitable this year, but […]
Economic Turmoil Leaves Oil Trapped At $40
July 31, 2020/OilPrice.com Oil prices fell on Thursday following a truly devastating second quarter GDP report in the U.S., with WTI now stuck at the $40 mark. Friday, July 31st, 2020 Oil prices retreated on Thursday after the U.S. posted a horrific second quarter GDP figure. Prices steadied in early […]
