In the commodity market, gold bears were put to the sword overnight as a weaker dollar and geopolitical tensions around Ukraine boosted the metals safe haven appeal. A report from the Ghana Statistical Service showed that producer inflation in the mi...

The spotlight remains on oil this morning. Morocco: Data from Morocco’s central banked showed that the country’s foreign exchange reserves rose to $37.05bn by January 7, a 6.8% rise on a year-on-year basis. In a report published on Monday, global cre...

Commodities are in focus this morning. Equally faith in the longer term strength of the dollar is fading and this could well underpin the yellow metal going forward. Specifically, tax income in the six months through December grew by nearly a third t...

Roughly one year after the African Continental Free Trade Area (AfCFTA) came into effect, the African Export-Import Bank (Afreximbank) and the AfCFTA Secretariat commercially launched a pan-African payment and settlement system (PAPSS) for intra-Afri...

Today will be a heavy data day that will offer more current perspective on the state of the economy on both the consumption and production side through the release of the advanced retail sales, industrial production and the Michigan sentiment data. H...

In the commodity space, oil prices are steady this morning after continuing with their new year rally yesterday. Note, the World Bank forecasts that crude oil prices will average $74 per barrel in 2022 as oil demand strengthens and reaches pre-pandem...