June 25, 2020/IOSCO The Board of the International Organization of Securities Commissions is requesting feedback on proposed guidance to help its members regulate and supervise the use of Artificial Intelligence (AI) and Market Learning (ML) by market intermediaries and asset managers. The use of these technologies may benefit firms […]
Updates
IMF Says Global Growth to Decline -4.9% in 2020-WEO
June 24, 2020/IMF A Crisis Like No Other, An Uncertain Recovery Global growth is projected at -4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than […]
Daily Market Update for June 24, 2020-Cordros
June 22, 2020/Cordros Report EQUITIES Weak sentiments continue to pervade the domestic bourse, as selloffs of large caps, SEPLAT (-10.0%) and NB (-3.6%,) led the market to its fifth consecutive loss. Precisely, the All-Share Index dipped by 0.4% to 24,655.05 points. Accordingly, the Month-to-Date and Year-to-Date losses increased to -2.4% […]
