Dear Subscriber,

Global stock markets plunged in reaction to trade and twitter wars. U.S markets went into correction territory (-10%). Even the Nigerian stock market, which is usually not correlated to global stocks dipped.

Commodity markets diverged from stock markets and inched upwards. As far as Nigeria is concerned, higher oil prices would continue to support fiscal and export revenue.

The attached bulletin addresses these and other issues in the domestic and global commodities market.

Enjoy your read!