Oil markets are poised to remain highly sensitive and reactive to supply and demand side factors ahead of the OPEC meeting this month.
The week kicks off with the US ISM Manufacturing PMI for May which is projected to hit 53.0
Nigeria sees fastest first-quarter growth since 2015, driven mainly by the non-oil sector
Dollar loses might, oil crumbles on surging US stockpiles and gold flickers back to life in this week's ecponomic review.
With the latest economic metrics pointing to signs of stability, the outlook for the Nigerian economy remains encouraging.
Growth in the largest economy in Africa slowed to 2.01% during the first quarter of 2019
Markets remain uncertain at this point in time as to whether the weeks long US-China trade dispute actually spells trade doom.
The move could be a welcome development for local shares and the Naira.
Rising trade tensions between the world’s two largest economies have put emerging market assets under pressure.
Market players will be looking to see whether improving domestic conditions have translated to a drop in the unemployment rate.