Analysis On Fixed Income, Fx & Equity Markets
Uganda
BMI View: The Ugandan shilling is testing long-term resistance on the back of tight monetary policy and consequent lack of domestic liquidity, and the next several days of trading...
2012-01-24Ghana
The Ghanaian cedi has staged a tentative recovery following a depreciation of over 5.0% since the start of the year, and we believe that the worst is over for the currency.
2012-01-23Nigeria
BMI View: The Nigerian naira continues to trade at historically weak levels on the interbank market, while the official exchange rate is on the weak side of the Central Bank's targeted...
2012-01-20Mauritius
In line with our view of caution highlighted on January 3, the Mauritian Semdex has seen some downside over the last few days. The market opened at 1,864 on January 18, representing...
2012-01-18South Africa
BMI View: South African stocks are looking promising from a technical perspective. If the market continues to rally, we expect a sustained variation in sectoral performance, with...
2012-01-17Zambia
BMI View: The Zambian kwacha has broken out of a multi-month downward trend, on the back of a sharp rally in the price of copper, the country's main export. We believe modest further...
2012-01-13Ghana
In line with our bearish view, the Ghanaian cedi has hit a new all-time low against the US dollar, having traded down to GHS1.6715/US$ at one point on January 11 (see 'Cedi On The Ropes',...
2012-01-11Nigeria
BMI View: Despite a deterioration in Nigeria's security situation, and widespread industrial action in response to the removal of fuel subsidies on January 1, the Nigerian All Share...
2012-01-10
