OPINION/EDITORIAL

China Becomes Bearish Factor For Oil Prices Again

August 8, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Brent crude fell below $85 per barrel on Tuesday as poor import/export data from China weighs on oil markets.  Chart of the Week – China has become the most important bearish factor weighing on oil prices recently, with July export-import data showing the […]

Robust Growth in Pension Funds’ Asset Under Management; Grows by 4.1% MoM to N16.8trn in June 2023

August 8, 2023/FBNQuest Research According to the latest data from the National Pension Commission (PenCom), the total asset under management (AUM) of the regulated pension industry experienced a robust monthly growth of 4.1% m/m to nearly NGN16.8trn as at Jun ’23. This growth rate far outpaced the 2.1% m/m growth […]

The Markets in Review: The Lesson of Weak Commodities

August 8, 2023/Coronation Research What lessons can we draw from commodity markets this year? Global equity markets have been hot (particularly in the US), but commodity markets have been cold, with key soft commodities like wheat, maize, palm oil and rubber trending down. Oil has recovered in recent weeks, but […]