Banco de Fomento Angola (BFA) analysts say Angola might face over 20% inflation by year’s end. They argue that a stabilized kwanza and tighter monetary rules could prevent this. According to a client note, the BFA team warns that the August price hike isn’t just seasonal. They point out the varying food prices and predict […]
Related Posts
Oil Prices Surge as OPEC+ Delays Production Increase
The global oil market experienced a significant upturn on Monday, November 4, 2024. Crude oil prices rose for the fourth consecutive day, driven by reports that OPEC+ had decided to postpone its planned production increase. This development has sparked renewed interest in the commodity’s future trajectory. Brent crude, the international benchmark, saw a notable increase […]
Dollar Rises to R$5.48 as Treasury Yields Climb and Fed Rate Cut Bets Shift
The U.S. dollar closed higher on Monday, October 7, as investors reassessed their expectations for interest rate cuts. The greenback gained strength against the Brazilian real and other emerging market currencies. This shift came as Treasury yields climbed in response to changing market sentiment. The spot dollar ended the day at R$5.4865, up 0.55% from […]