Global markets remain focused on monetary policy. Exports meanwhile rose 6.7% m/m to 455.22mn and 52.2% y/y amid an improvement in economic activity following the easing of lockdown measures that had disrupted trade activities in May last year. With ...

The FX markets have seen a strong rotation to the traditional safe haven currencies over the past 24 hours as the market focuses squarely on the risks associated with the rising Delta COVID-19 variant cases across the globe. Note that Kenya’s public ...

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...

Prime Minister Abiy Ahmed’s Prosperity Party (PP) won 410 out of the 436 contested seats in Ethiopia's parliamentary election held on 21 June, according to results announced by the National Election Board of Ethiopia (NEBE) on Saturday. A new governm...

Fed Chairman Powell addressed the House Financial Services Committee yesterday and predictably stuck to the Fed's script, pledging as much support as was needed to ensure that the economic recovery completed. The longer-dated 2033 and 2046 bonds mean...

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...