All eyes will be on the US inflation data which is due for release later this evening as well as the FOMC minutes, both of which have the ability to unseat the current status quo, especially in the near term. The report titled “International Debt Sta...

Surprisingly, the impact of the payrolls release on the USD was minimal. This was the fastest pace of price growth in the economy since February 2018. Headline inflation in Mozambique accelerated further in September, coming in at 6.04% y/y from 5.61...

The USD finds itself in limbo territory after the stronger than anticipated ADP data yesterday and ahead of the payrolls numbers tomorrow. Growth will continue to accelerate through 2023, with the World Bank forecasting GDP expansion at 3.8% for then...

The start of the new month brought with it the PMI data out of Uganda and Kenya. Meanwhile, Kenya’s headline PMI reading fell in September, decreasing to 50.4 from 51.1 in the previous month. That said, the lifting of lockdown measures in many countr...

Food category accounts for 54% of CPI basket with food inflation jumping to 42% y/y. Central Bank has tightened monetary policy. PM Abiy Monday re-iterated govt commitment to address runaway inflaiton.

At the start of the new week and ahead of payrolls data later this week, a risk-off environment evident in the equity markets has helped support the USD. Cameroon: The National Autonomous Sinking Fund yesterday reported that public debt increased to ...