Listen to ABR

Global Capital Market Opens The Week With a Renewed Optimism

Sep 16, 2019 04:02 PM
Global Capital Market Opens The Week With a Renewed Optimism Africa Business Radio, Aramco Oil, Saudi Arabia, Iran, Oil Market, Tradewar, Investors, ECB, Rate Cut, Soji Akinlabi, Refineries, Higher Yield

On today's Market analysis, Soji Akinlabi focuses on the fundamental basis of the widespread investors' optimism across the different market. The attack on Saudi Aramco oil refineries, the largest refineries in the world, is set to be the major driver of the oil market this week and there's a shared sentiment about this globally. Investors are still excited about the ECB's rate cut by 10 basis point as the outcome of last Thursday's meeting and resumption of its quantitative easing program. Last, another fundamental factor to consider this week is the renewed political will between the US and China to make a deal and put an end to the escalating trade wars, this has also been demonstrated by the shown gestures from both parties towards the end of last week through the suspension of the next phase of tariff wars.

Get the latest headlines and unique ABR stories, sent every weekday.

BCX Brand Positioning-Awake Online_Voice-300x250-12-2019-Tracking Ad-BUS01034

Upcoming Events

Wed 17

ABR social sensitization on HIV & AIDs

Jul 17 @ 07 AM - Jul 24 @ 05 AM

Job Listing

Software Developer



News Updates

  • SA doing well in fight against coronavirus, says Chinese diplomat

  • N900m Debt: AMCON Takes over Galadima’s Residence, Company

  • Why ATCON is strategic to digital economy agenda – Pan African Towers CEO

  • Telecoms Subscribers Hit 185m in 2019

  • Coronavirus jitters: Chevron tells employees at London office to work from home

  • Bob Iger to step down as Disney CEO, effective immediately

  • WHO advise countries to prepare against coronavirus

  • Sasol share hits 15-year low

  • Oil communities in Rivers, A-Ibom protest, allege marginalization

  • Kenya set to Privatise Sugar Factory