FDC COMMODITY UPDATE – AUGUST 06, 2019

Dear Subscriber,

Global commodity markets have lost substantially ever since the ratcheting up of the trade tension and the fall in the value of the Chinese yuan below the ¥7/$ level.

The Nigerian economy like most other emerging markets have seen their economies wobble in the last week. Most analysts are of the view that this is a temporary phenomenon and that the markets will settle. Brent has lost 7% falling to $60.45pb.

In the slides, these and other issues were discussed on the Channels TV Business Morning programme today.

Enjoy your read!