Markets are buzzing about Dollar weakness, which says more about what people *want* than reality, given how elevated USD remains. If there does end up being a big Dollar fall, it will be vs EM (blue), not the G10 (black). It's vs EM that a big risk premium exists, not the G10...
#Macron confirms @ft scoop (or read FT story & thought it was a good idea): #France loosens supervision of ‘colonial’ west African currency https://t.co/Ljm2ojgNjs #cfafranc#francafrique
Nigerian Treasury Bills Primary Market Auction Results for today, 18-Dec-19. Stop rates continued on the downward trend. Negative real return continued to expand.
@Afrinvest@Afr_Research@FinPlanKaluAja1@BBoason
@CTVtempili @Rotankwot
My sincere thanks to European leaders for appointing me as President of the @ecb from 1 November 2019. It is an honour to succeed Mario Draghi. I am looking forward to working with the ECB’s talented staff to keep euro area prices stable and banks safe.
Cote d'Ivoire's issuing Eurobonds today. It's selling 11- and 20-year euro notes. Yield guidance is 6.13%-6.25% for the former & 7.13% for the latter. It has the best-performing euro debt in emerging markets this year (thanks to high yields and economic growth). #CDI@markets
#Nigeria's President #Buhari announces a much bigger budget for 2020 as he looks to boost a weak economy. But will he manage to raise enough revenue to fund it? https://t.co/yjiXojixVr @alonsosotoj@AlakeTope