August 28, 2019/Cordros Report Recently released PMI data showed an extension of the positive trend into the third quarter of the year. The CBN’s Purchasing Managers Index for August rose by 0.4 points to 58.35 index points, which represented the twenty-ninth consecutive month of expansion. Digging into the sub-components, we […]
OPINION/EDITORIAL
Trump Feeds Oil Markets False Hope
August 27, 2019/OilPrice.com – In 2018, U.S oil production rose by 17 percent, mainly in the form of light oil, which generally is defined as oil with an API gravity of 40 or higher. – According to the EIA, production of light oil grew from 1.2 mb/d in 2015 to […]
Monitoring Global Financial Stability
August 26, 2019/IMFBlog By Tobias Adrian, Dong He, Nellie Liang, and Fabio Natalucci “It’s awful. Why did nobody see it coming?” asked Queen Elizabeth II in November 2008 during a visit to the London School of Economics, wondering why nobody had predicted the Global Financial Crisis. The bewilderment wasn’t unique […]
