January 8, 2024/United Capital Global Markets: Broad-Based Bearish Sentiments Last week, the global equities market closed the first trading week of the year 2024 on a negative note, halting the last nine consecutive weeks of gains from the previous year. Notably, profit-taking activities across mega-cap stocks, and other stocks that […]
Updates
Coronation Fixed Income and Exchange Rate Update
January 8, 2024/Coronation Research Summary Opening market liquidity was reported at N175.3bn on Friday (05, January ‘24). Call, overnight, and repo rates closed within a range of 8– 15% as rates in the money market tightened. Our expectation in the current week is that money market rates trend upwards as […]
USDA Announces Market Development Program Investments for Fiscal Year 2024
January 8, 2023/USDA The U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) is awarding more than $203 million to nearly 70 agricultural organizations to help expand export markets for U.S. food and agricultural products via the Market Access Program (MAP) and Foreign Market Development (FMD) program. “Over the years we […]
