Updates

Nigeria GDP – Q4 2018 Shows Improving Momentum

Culled—Proshare February 15, 2019/Coronation Research  Q4 2018 GDP was reported today at +2.38% y/y versus the Bloomberg consensus estimate of +2.10% y/y.  Non-oil growth was a respectable +2.70% y/y and has accelerated over the past four quarters.   FY 2018 GDP was +1.93% y/y, compared with +1.76% y/y for 9M 2018 […]

Higher Demand For US Wheat Output Is Expected To Push Up Prices

Culled—Proshare February 15, 2019/FDC Brent has gained 5.6% in the last 7 days and is now trading at $65.59pb. The recent rally in oil prices is supported by the output cut from OPEC member countries to 30.8mbpd in January. Currently, the oil market is anticipating the outcome of the US/China […]