Research and Analytics
Research and Analytics
The Virus which was declared a global pandemic by the WHO on March 11, 2020, has had impact into all markets and economies of the world. With 853,799 cases recorded and over 42,000 deaths, it has a mortality rate of 4.92% as at March 31, 2020. It is now present in virtually all countries of […]
Being what we learnt from the RenCap Securities Conference Call held on 25th March 2020 According to the global chief economist of RenCap, Charles Robertson, the COVID-19 outbreak in Italy shows that the 12 days lag before the virus infection rate goes up, is valid. As such, New York is expected to experience a peak […]
Effective from Friday 27th March, the Kwara state government announced a partial lock down of the state as a preventive measure against the spread of coronavirus (COVID-19). As such, all motor parks, public transportation including motorcycle, tricycle and taxis are banned from operation. The state deputy Governor, Mr Kayode Alabi, however noted that only food […]
Around the world, central banks as well as governments are doing what they can as well to stimulate and protect their economies. The European Central Bank (ECB) announced an $820 billion stimulus plan which include buying government and corporate bonds and other assets, as well as pumping cash into financial markets deeply rattled by the […]
In the global stock market, the impact has been overwhelming as investors rally around to look for safe havens. The DOW-Jones, S&P 500 and NASDAQ have all entered into the bear market as a result of COVID-19. According to the rules of the New York Stock Exchange (NYSE), trading on the floor of the exchange […]
The last time oil price was at a low of between $20 and $26 per barrel was in 2003. Bloomberg reports that the last time factories were shut down up to the level they are shut in the last two months, was during the Second World War. That is, biggest factory shut down since WWII […]
