The Nigerian capital market in 2019, for instance, saw a two-track development of equity prices slumping and treasury yields rising for the better part of the year.
Equities market closed today on a positive note, as NSEASI appreciated by 0.31% to close at 29,710.56 points as against 0.91% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 10.69%.
In the October World Economic Outlook, we described the global economy as in a synchronized slowdown, with escalating downside risks that could further derail growth. Since then, some risks have partially receded with the announcement of a US-China Phase.