Movements in the oil price is increasingly dictating equity market direction. This strong correlation between the daily directional moves in equity markets to those of oil prices has been in place since last year November and continues to be until today. This week started on a poor footing as the world’s largest oil suppliers couldn’t reach a compromise over production...
Read moreMerely two months ago, many market participants were predicting a global recession as equity markets tumbled and investors shied away from risky assets. Goldman Sachs reported that the oil price could plummet to as low as $20 a barrel. But in a very short space of time, markets have turned around and reached new highs for the year. The recovery...
Read moreThe Federal Reserve Chair Janet Yellen’s address to the Economic Club of New York on Tuesday was rather dovish, stating that the U.S. Central Bank should proceed with caution in adjusting monetary policy. In the December meeting the FOMC members saw rates between 1.25% and 1.5% at the end of 2016, and at 3.5% in the longer term. In the...
Read moreThe Municipal Councillors Pension Fund (MCPF) requires that all applicants for this tender to submit a Development Plan demonstrating how they will discharge the commitment made in the Contractors Development Value Summary (CDVS). The CDVS is a detailed narrative document explaining the applicant plan guided by specific requirements
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