July 2, 2023/Source: S&P Global Ratings Credit conditions in emerging markets (EMs) show some improvement as inflation cools down, but economic activity is weakening, and the lagged effects of tight monetary policy are surfacing, according to S&P Global Ratings’ report published, “Credit Conditions Emerging Markets Q3 2023: Inflation Peaked, Risks […]

June 30, 2023/FBNQuest Today, we turn our attention to the latest quarterly data on Nigeria’s debt stock published by the Debt Management Office (DMO). The data shows that Nigeria’s total public debt increased by c.8% q/q to NGN49.9trn (USD66.1bn) as at Q1 ‘23. On a y/y basis, the total debt […]

June 30, 2023/OilPrice.com Michael Kern, Oilprice.com A significant decline in U.S. oil inventories provided a firm floor for oil prices this week, but economic concerns are capping any significant rise. Friday, June 30th, 2023 The almost 10-million-barrel US stock decline has provided a firm pricing floor for oil prices this […]