Tuesday, October 28, 2014

ECB bond buying is hope of coordinated central banking action...

ECB is reportedly on to  market liquidity infusion efforts. That should be good news (even if it is at rather early  stages).  Coupled with the Fed move expected, there is hope of coordinated central banking action now. This should be positive for global markets.

One impact of falling oil prices is the impact it will have on economies like Nigeria. There is pressure on its currency and economy. Given that it has political problems, it remains vulnerable. 

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