February marked another difficult month for Kenya’s economy, with fresh PMI data from IHS Markit and Stanbic Bank indicating a second consecutive month of falling business activity.
9 Mar 2020
The markets might have priced in a 1H supply shock, but not 10-20% global infection rates, argue RenCap’s analysts, while Moody’s once again has lowered its global growth forecast for 2020.
9 Mar 2020
The Fed’s decision to cut rates on Tuesday by a further 50bps in response to the coronavirus marked the latest in a series of strong policy responses from monetary authorities and governments worldwide. According to Suyash Choudhary, Head of Fixed Income at IDFC Mutual Fund, India looks likely to follow the US in utilising additional fiscal and monetary measures.
5 Mar 2020
The International Monetary Fund said this week that it had made good progress in talks with the Ukrainian authorities over the approval for a new loan programme to Ukraine worth USD5.5bn but its disbursement depends on Kiev’s performance on reforms, including a special law on banking.
3 Mar 2020
Bonds & Loans examines the strengths, weaknesses, opportunities and threats across the GCC projects and infrastructure space on the back of the latest Project, ECA & Structured Finance Saudi Arabia conference.
3 Mar 2020
The corona virus news stream remains negative and that is likely to keep pressure on EM and other risk assets. Even the prospects of potential Fed easing are not enough to offset the growing headwinds to the global economy, as China reported much weaker than expected February PMI readings over the weekend.
2 Mar 2020
2019 GDP growth was underpinned by a positive contribution from net exports at 2.3%, while domestic demand dragged down 1.4% – but in Q4 those dynamics reversed, according to BBVA report.
2 Mar 2020
As the coronavirus continues to spread, with novel cases being reported in countries across the world almost daily, its impact is beginning to become evident in economic data.
28 Feb 2020
Weak domestic demand, due to low gross public investment, is a drag on GDP growth, according to the bank’s research.
25 Feb 2020
Credit growth picked up momentum in the fourth quarter of 2019, largely led by rising loan provision to government and government-related entities – but growth in lending to the private sector declined on a quarterly basis, while only marginally increasing year-on-year.
25 Feb 2020