Category Archives: Capital Markets

Analyst: Chidozie Daniels* Equity Markets – Fiscal policies dictate investor sentiment in Q3’23. It has been a mixed year for our coverage markets, and that did not change in Q3’23. For Nigeria and Ghana, domestic investors have been net buyers, despite foreign investors maintaining a risk-off stance to their respective stock markets, due to a...

Analyst: Chidozie Daniels* The Federal Reserve Bank of the United States (FED) kept its cash policy rate unchanged at the range of 5.25% – 5.50%. Chairman Powell struck a softer tone in his statements to the press, hinting that the bank may consider a shift in policy stance, as they evaluate the impact of past...