FINANCIAL MARKETS TODAY – 03 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 129 bps to 22.97%, and the Overnight Rate (O/N) rose by 123 bps to 23.53%. Outlook: We expect interbank rates to remain elevated tomorrow, in the absence of any major flows. Treasury…
Monthly Financial Market Update – August 2024
Global Macroeconomic Review United States: In July, consumer prices in the US increased at a slower pace for the fourth consecutive month. The Consumer Price Index rose to 2.90% year-on-year, down from 3.00% in June. Energy costs went up by 1.1%…
FINANCIAL MARKETS TODAY – 02 September 2024
FIXED INCOME MARKETS Money Market The Open Repo Rate (OPR) increased by 357 bps to 21.68%, and the Overnight Rate (O/N) rose by 224 bps to 22.30%. Outlook: We expect interbank rates to stay at similar levels tomorrow, pending any major flows. Treasury…