Monthly Financial Market Update – July 2024
Global Macroeconomic Review United States: The consumer prices in the United States moderated to 3.00% y/y in June (estimated at 3.10%), down from 3.30% y/y in May. This marks the third consecutive drop in inflation in 2024 and the lowest yearly…
FINANCIAL MARKETS TODAY – 05 August 2024
FIXED INCOME MARKETS Money Market Opening system liquidity decreased slightly by c.0.76% compared to Friday’s balance. However, the Open Repo Rate (OPR) declined by 21 bps to 25.40%, while the Overnight Rate (O/N) decreased by 26bps to 25.80%.…
FINANCIAL MARKETS WEEKLY – 02 AUGUST 2024
FIXED INCOME MARKETS Money Markets System liquidity maintained a positive balance throughout the week, supported by some government-related disbursements. Hence, the Open Repo Rate (OPR) and the Overnight Rate (O/N) decreased by 52bps and 60bps to 25.61%…
FINANCIAL MARKETS TODAY – 01 August 2024
FIXED INCOME MARKETS Money Market Opening system liquidity decreased by c.0.40% compared to yesterday’s balance. However, the Open Repo Rate (OPR) declined by 15 bps to 25.28%, while the Overnight Rate (O/N) decreased by 13bps to 25.72%. Outlook: We…