Author: The Editorial Team

LONDON (Capital Markets in Africa): Investors are waking up to a stark realisation that the Fed’s work is not done, and that interest rates may have to be hiked even higher to cool hot inflation. Wave of exuberance, which have propelled equities higher since the start of the year, have turned into tides of disappointment and apprehension about the difficulties that still may lie ahead for the mighty US economy. High hopes that the Federal…

LONDON (Capital Markets in Africa): ‘’There’s a quiet pulse of positivity on the markets with investors still cautious about the direction of interest rates in the United States, but hopeful that recovery elsewhere will lend a hand to trade. The FTSE 100 is expected to cling on above the psychologically important 8000 level at the open. Volumes are set to be more muted during the sessions in Europe given that Wall Street is closed for…

DUBAI (S&P Global Ratings) Feb. 20, 2023–As Tunisia seeks to secure an IMF program to alleviate its twin deficits, the country’s banks are navigating major uncertainty and significant macroeconomic pressure, according to a new S&P Global Ratings scenario analysis report published today. “With a potential IMF deal looming, we have analyzed the current situation and considered the potential financial and economic implications for the banking sector under three hypothetical scenarios, from low stress to severe…