Trading Tuesday

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

• Marketers project N600/litre for Dangote petrol

• Revenue-generating agencies fail to remit N4.1tn – FAAC

• FG, govs reach three-month agreement on LG allocations

• CBN Re-Introduces Publication Of Key Economic Reports

• Tinubu approves policy to retain medical experts within Nigeria

Global

• US producer inflation slows as pricing power diminishes

• Yields lower after tame producer inflation data, focus turns to CPI

• Yen remains weak, dollar slips as markets await US CPI data

• STOXX 600 hits two-week closing high as Fed rate cut bets strengthen

• FTSE 100 extends gains to third session, focus turns to CPI

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Events

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Investment Tip of The Day

Consider adding real assets like real estate, commodities, or infrastructure to your portfolio as a hedge against inflation. These assets tend to appreciate in value as inflation rises, preserving your purchasing power and providing a steady income stream.

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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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