In recent weeks, the macroeconomic backdrop has shifted significantly, with concerns arising over the sustainability of the global economic recovery. How much further the index can rise remains to be seen with the balance of risks to the economic out...

Last week’s data card featured evidence of a continued recovery in the US labour market and relatively strong retail sector performance. Data from the Central Bank of Kenya (CBK) showed that remittance inflows in Kenya remained strong in June, coming...

Hopes for Chinese stimulus following a disappointing GDP figure from the world’s second largest economy continued to filter through the base metal markets yesterday. The June year on year print came in at 8.2% y/y from 6.2% y/y in May, while the mont...

Gold remains steadfast in its climb higher, albeit in small increments at the moment. Recall recent data from the Central Bank of Kenya (CBK) showed that the current account deficit widened to 5.5% of GDP in the 12 months to May from 5.2% of GDP in t...

The global economy is entering the fastest stage of the 2021 recovery. While this has set the stage for a substantially stronger rebound in the third quarter, the outbreak of the more transmissible COVID-19 Delta variant threatens to derail efforts t...

Although the week will start off quietly with very little data on offer, the week ahead will be an important one in that earnings season will offer further insight into the state of corporate America in the midst of growth concerns, new COVID-19 vari...