September 8, 2021/CSL Research The Stanbic IBTC headline Purchasing Managers‘ Index (PMI) came in at 52.2 in August from 55.4 in July. The performance was the slowest in six months (6), which suggests that the vaccinated optimism that once permeated the global economy might be waning following the recent emergence […]
Updates
Coronation Fixed Income and Exchange Rate Update
September 7, 2021/Coronation Research Summary Opening market liquidity was reported at NGN445.4bn on Friday (03 Sep ‘21). Overnight and repo rates closed within a range of 10.0-13.5%. The secondary market for NTBs was relatively active. As a result, the average NTB yield declined by 34bps over the week to close […]
The Use of Artificial Intelligence and Machine Learning by Market Intermediaries and Asset Managers
September 7, 2021/IOSCO EXECUTIVE SUMMARY Background Artificial Intelligence (AI) and Machine Learning (ML) are increasingly used in financial services, due to a combination of increased data availability and computing power. The use of AI and ML by market intermediaries and asset managers may be altering firms’ business models. For example, […]
