Oil is breaking critical support levels with impunity!!!

interesting

Others think that this is their way of punishing Russia but i dont think so. They want to discourage fracking and all this exploration bonanza, electric cars...etc. Am enjoying the cheap prices tho but am curious to know how else this plays out.

Why is KES still up there?

www.standardmedia.co.ke/...rship-in-strategic-firms
Quote
“We will be proposing to the National Treasury
on whether the market can be opened up 100
per cent for some securities and for those
companies, which we consider, for lack of a
better word, national jewels, the minister can
put some limit in foreign shareholding,”
Ombara told a stakeholders meeting convened
to deliberate on the capital markets policy
proposals in Nairobi yesterday."
Foreign investors hold 22.1 per cent of the
total number of shares in NSE listed
companies, according to the latest data from
CMA and constitute over 50 per cent of the
trading activities. According to data from CMA, foreign investors hold 49.28 per cent stake in Equity Bank and 29.28 per cent shareholding in Kenya
Commercial Bank (KCB), while about 3.8 per
cent stake in Cooperative Bank, Kenya Airways is owned 42.42 per cent by foreign shareholders. Uchumi Supermarket is owned 31.04 per cent by
foreigners.

@hisah don't you think the Day settlement at NSE will. make this stinky casino worse given behaviors of many monkeys + 10%......-10% & market manipulations . It'll be madness unless other measures are put in place.

Qatar to become first Middle East clearing hub for China's yuan

The rate at which chingland is setting up yuan swap deals!!! What's happening to the petrodollar hegemony? No more military threat for smoking out the challengers and traitors?