Weekly Market Insights: Global Trends and Local Implications
- System liquidity remained elevated at N6.29 trillion, supported by sizeable inflows from maturing securities.
- Looking ahead, an estimated N3.03 trillion is expected to flow into the system this week, largely driven by OMO maturities, which account for about 74% of projected inflows.
- Oil prices edged higher by 1.07% to an average of $106.52, as renewed geopolitical tensions sustained supply concerns.
- The naira depreciated marginally across both markets, despite improved FX liquidity conditions.
- Across global markets, bond yields edged higher, driven by persistent inflation concerns and cautious monetary policy expectations
