Market Watch

Bonds yields are reversing an early-morning rise after a regional manufacturing survey suggested a marked contraction in business activity, underscoring concerns the economy could be headed for a recession. The Empire State Manufacturing Survey, which canvasses producers in New York state, fell to minus 33 this month, reflecting that a greater share of businesses are seeing activity decline. The reading was a sharp fall from December’s minus 11 figure. The survey is volatile: The index also fell below minus 30 last year, only to recover into positive territory months later. Still, bond traders are taking the report as a cautionary sign about economic growth, buying Treasurys in a bet on an incrementally lower projected path of Federal Reserve rate increases. The yield on the benchmark 10-year Treasury note had traded above 3.58% earlier Tuesday morning, but fell to 3.525% following the survey, according to Tradeweb. The 10-year yield is still up slightly from its close at 3.510% on Friday before Martin Luther King Jr. Day. Yields fall as bond prices rise.

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LAGOS, Nigeria, 10 January 2023 -/African Media Agency(AMA)/- With more businesses in West Africa adopting cloud technologies than ever before, the region is set to enhance its competitiveness significantly. Following years of disruption, and hampered by a lack of legacy investment into technology, West African businesses now have an opportunity to leapfrog tech adoption and leverage the cloud for rapid growth and success. Titilayo Adewumi, Regional Sales Director for West Africa at SAP, says: “Companies across the region are adopting cloud to achieve greater scalability, improve their data and analytics capabilities, drive innovation and build greater resilience. A huge part of our success in supporting the region’s digital transformation efforts is our close collaboration with expert partners that continuously find new ways to innovate.” Digitalisation a huge opportunity The World Bank recently noted that digitalisation is one of the most transformational opportunities of our time , highlighting its role in alleviating poverty and boosting shared prosperity in West Africa. In light of this, cloud technologies offer tremendous benefits to organisations in the region. These include lowering the total cost of ownership of technology capabilities, achieving faster deployment cycles, automating manual processes to boost efficiency, enabling quicker adoption of emerging […]

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According to Cox Automotive Europe, the global automotive sector is set to make a tentative recovery in 2023, despite prolonged disruption to new vehicle supply. The company cites the burgeoning transition to EV, new market entrants, and the agency model’s evolution as key factors affecting automotive retail over the next 12 months. The sector enters 2023 from yet another challenging year in which performance remained below pre-pandemic levels. Despite this, the UK outperformed many of its European neighbours, achieving 1,614,063 vehicle registrations according to official figures from SMMT, within 0.7% of Cox Automotive’s best case scenario forecast for the year. However, the performance of the UK automotive market must also be viewed in context. While other European nations grappled with similar headwinds facing the UK market, only Germany registered a year-on-year recovery for new and used sales, with a 3% increase in the new market YoY and 25.2% compared with 2019. Supply shortages will continue into 2023, shaping consumer preferences Despite signs of a recovery for vehicle manufacturing, Cox Automotive believes the sector is entering a new era of significant change amid shortening lead times, where supply is significantly below normal pre-pandemic levels. There has been a notable shift […]

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Solana (SOL) has struggled in recent months due to market fluctuations and FTX collapse. Many crypto investors are hoping for some positive price actions for the coin in the next year, but the industry remains highly volatile. For those seeking high returns, Orbeon Protocol is currently in the third presale stage and continues reaching new heights. Investors Raise Interest in Solana (SOL) Solana, once famed as the “Ethereum Killer”, has fallen dramatically this year due to the recent collapse of the Futures Exchange (FTX) which was one of the major contributors to Solana’s growth. In addition, Solana has experienced several outages and hacks that had an adverse effect on its token price, and the level of trust was also lowered among many crypto investors. Many have had major losses as Solana’s value has continuously dropped, by over 90% from its all-time high. Despite all the shortcomings, Solana ranked 14th position at a current market cap of above $5 bn, and some experts believe that Solana has a chance to recover in the following year. However, many investors are badly affected by the crypto winter, so the search for a new, highly rewarding project is a must to keep their […]

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Industrial Sulfuric Acid Market Size 2023 Global Industrial Sulfuric Acid Market 2023 Industry Growth, Size, Trends, Share, Opportunities 2033 NEW YORK CITY, NEW YORK, UNITED STATES, January 16, 2023 / EINPresswire.com / — This market report Industrial Sulfuric Acid analyzes market segments by product type, including sales volume, revenue, market share, growth rate, and price analysis for each manufacturer and Essential Chemical Industry, Albemarle Corporation, Egyptian Mud Engineering, and Chemicals Company (EMEC), Geo Drillings Fluids, Great Lake Solutions, Israel Chemicals Ltd., Zirax Ltd., Solent Chemicals, TETRA Technologies, Cabot Corporation, Clements Fluid. "Final Report will provide analysis of the effect of COVID-19 in this industry." The "Global Industrial Sulfuric Acid Market report 2022 provides information on various factors that impact the market, including development and future prospects. The report also includes an analysis of the market’s entire industrial chain. It covers key raw materials suppliers, price analysis, manufacturing cost structure analysis, and alternative product analysis. It provides information about the major distributors, downstream customers, and the effect of the COVID-19 epidemic. The Industrial Sulfuric Acid market report also shares information on the market’s key players, including their product profiles, market performance (i.e., gross margin, sales volume, and revenue), recent developments, […]

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Seawater desalination – the process of removing dissolved salts and other minerals from seawater, making it suitable for drinking or irrigation – has the potential to be a climate adaptation investment opportunity in certain African countries, according to a new report by British International Investment. Climate change, economic growth, and rapid rates of urbanisation that outpace infrastructure development, mean that demand and supply of freshwater is set to become the challenge of the century. Africa is one focal point of the water crisis. Arid regions of North Africa tend to experience physical water scarcity from low water availability, whereas sub-Saharan countries mainly suffer from economic water scarcity, which is linked to poor governance, poor infrastructure and limited investments. Unconventional water sources, such as desalination, are increasingly relevant to support water security in Africa. Desalination has the potential to increase the resilience of water systems by producing water independently of climatic and hydrological conditions. Although it largely uses seawater, desalination can be applied to a range of other water sources, including brackish groundwater, surface water, and domestic or industrial wastewater. Seawater desalination is set to play an important role in helping to alleviate the water crisis. In Africa, the coastal […]

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Download logo The African Continental Free Trade Area (AfCFTA) is an opportunity for young people to accelerate Africa’s industrialization and economic transformation through entrepreneurship, youths say, calling for an enabling policy framework. Through its Youth Protocol, the AfCFTA recognises that young people can play a critical role in the achievement of the free trade zone by initiating youth-led initiatives in agriculture, financial technology, IT and in the creative industry. However, they note that across the youth-dominant trade areas critical to the AfCFTA, the challenges of infrastructure gap, lack of access to modern technologies, funding, electricity and broadband internet keep the youth on the sidelines of the free trade area. At an online presentation meeting organized by the Regional Integration and Trade Division (RITD) of the Economic Commission for Africa (ECA), nine young mentees who have completed RITD’s “Youth for AfCFTA Mentorship Programme”, presented their final assignment to senior staff in ECA. The youth participants highlighted that the AfCFTA presented huge entrepreneurship opportunities for them but that governments need to implement supportive policies and investment to ensure their participation. Ms. Mie Vedel-Joergensen, Associate Expert in Economic Affairs, Market Institutions Section of the Regional Integration and Trade Division (RITD) at the […]

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4-H’ers show off their dairy steers at the Appalachian Fair Morgan Short, an Extension Agent I with the local chapter of the 4-H program located in Johnson County, is gearing up for the 4-H Dairy Steer program, which will teach kids who are interested in participating in “how to care for the animal, tagging, weighing, how to prepare for the show, showmanship, and more,” explained Short. Short continued this program is “great for those interested but know nothing.” If anything, Short added, “this program will help them be successful with the education, content, and resources provided.” According to Short, “there is no cap on enrollment,” and “kids interested will need to buy a dairy steer either on or off the bottle, keep a record book that includes the starting weight, weight gain, conversion of feed to pounds on the hoof, how often they feed, type of feed, coat, growth compared to others, and any changes made as needed to get the steer ready for the showroom” said Short. While all of this information may seem intimidating, especially for anyone who is inexperienced in all things cattle, Morgan Short and the staff and volunteers at 4-H are prepared to guide […]

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Written by Summary Since its inception in March 2003, PTY has generated $37.94 of income through its dividends, which is significantly larger than the -12.33% share price decline since the IPO. PTY has recognized a sharp decline in share price, which has pushed its yield past 10% and is making this investment quite interesting. PTY has established a track record across almost two decades of generating monthly income throughout every economic environment without missing a beat. I do much more than just articles at Barbell Capital: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Mongkol Onnuan There is certainly no shortage of yield in the market as U.S. 2-year treasury notes yield 4.26%, and a 1-year CD rate produces a 4.3% yield. Investors no longer need to incorporate an ounce of risk into their investment profile to generate modest income. Traditional Dividend Kings, such as The Coca-Cola Company ( KO ), are less attractive income options in a high-yield environment since KO produces a dividend yield of 2.87%. When the market was in a yield-starved environment, a 3% dividend looked incredible, considering at one point, it was more than double the […]

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Creating a resilient growth strategy is the key leadership challenge of our epoch. Unsplash Børge Brende, President, World Economic Forum, and Bob Sternfels, Global Managing Partner, McKinsey & Company In the past year, leaders of public and private-sector organizations have been confronted with a lifetime’s worth of disruption and crises. Global conflict, energy uncertainty, food shortages, accelerating inflation and severe climate events rocked a world still unsettled by the COVID-19 pandemic. Consequently, leaders now recognize that our societies and organizations must function in an environment defined by continuous natural and man-made disruptions. These disruptions cannot be addressed in a reactive manner as they arise one after the other and reverberate through our fragile ecosystems and stressed networks. An isolated, short-term focus on a discrete recovery from every crisis is not a feasible path — there aren’t enough resources in the world to do that. We need to arrive at a longer-term perspective, a resilient growth strategy . This is the key leadership challenge of our epoch. Building a resilient growth strategy We must strengthen the resilience of our societies and institutions beyond a survival capacity, to enable long-term, sustainable and inclusive growth. To stand still is to lose precious […]

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