Think Thursday

Ranora Daily - Your daily source for reliable market analysis and news.

Data

Local

Global

*Data as of 4pm WAT

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News

Local

• Results for the NTB Auction - 05 June 2024:

  

• Minimum wage: Finance minister submits template to Tinubu today

• Senate okays N60m salary for CJN, S’Court justices

• FCMB Secures $15m Trade Finance Facility with ITFC

• Governor Radda Unveils ₦5bn Loan Scheme

• Document On Suspension Of Import Duties On Food, Drugs Not Official – Presidency

• No Provision For N5.4trn Fuel Subsidy In 2024, Presidency

• Bill for creation of new state for South East scales first reading

Global

• US weekly jobless claims edge higher, Q1 labor costs revised lower

• Investors queued up for US high-yield bond funds as rate cut hopes grow

• ECB and Canada cut rates as easing among big economies gets going

• Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed

• You Can Now Buy Gold Bars From Vending Machines in South Korea

• Asia stocks rise as ECB appears set to cut rates and softer labor market fuels hopes the Fed might follow suit

• ‘You name it, Labour will tax it’: UK PM Sunak attacks main rival as he languishes in election polls

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Events

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Investment Tip of The Day

Diversify your portfolio by investing in high-growth sectors like technology and innovation, renewable energy, and healthcare/biotechnology. Conduct thorough research, manage risks with a balanced approach, maintain a long-term perspective, and stay informed about market trends and advancements.

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Disclaimer: The information contained in this report is intended for informational purposes only and should not be considered as investment advice. The information is obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.

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