Kenya’s BSI rebounds strongly in March to 60.6 from 47.0 in February
• Sentiment is more positive across the board – 12 of the 15 current conditions indicators rose in March
• Kenyan demand is accelerating; both production and new orders rise str...
Kenya’s BSI continued its correction in February
• February BSI fell to a series low of 47.0, from 58.5 in January
• Three-month BSI average is still above 50, indicating expansion...
Top 3 data/events
• Hong Kong – January exports probably stayed soft
• Kenya – CBK expected to keep rates on hold, despite deflation
• Japan – Key January data to show recovery; inflation likely slowed
• Market focus
• China’s onshore FX marke...
Kenya’s BSI Index corrected in January after a strong holiday season
• January BSI fell to 58.5 from a series high of 69.1 in December
• Seasonal effects aside, the trend is favourable; three-month BSI continues to trend higher...
Nigeria: Oil-price weakness and FX outlook constrain offshore bid; bonds offer value onshore
• Ghana: GHS bonds look nominally attractive, despite FX, convertibility and investment-horizon risks
• Kenya: KES infrastructure bonds will likely contin...
Business sentiment in Kenya was 69.1 in December after 62.1 in November
• Stronger output and new orders helped boost business sentiment
• Holiday sales raised indicators significantly...
• Kenya will probably benefit from lower oil prices in the very near term
• Credit growth is healthy; rebasing has revealed a faster growth trend
• Issues around security and meaningful fiscal devolution must still be resolved...
GDP growth will likely remain robust in 2015; oil prices will be a key differentiator
• Interplay between domestic politics and resource taxation regimes will be closely watched
• Expectations of rising resource revenue have driven Eurobond issuan...
Business sentiment in Kenya bounces back to 62.1 in November, from 53.4 in October
• Rising external demand and easier credit availability help lift business sentiment
• The approach of the festive season may be providing a significant lift to ind...
• The Standard Chartered MNI Business Sentiment Indicator declined to 53.4 in October
• This followed a surge to a series high of 65.3 in September, most likely driven by seasonal factors
• Nonetheless, the findings are still consistent with an ...
If this is a public computer please consider checking this box carefully.
Please access our research via your Straight2Bank account
Digital technology is transforming the economy and society. Adoption, not invention, has the most economic impact. Technology can lift developed countries if they embrace change. New technologies offer more opportunities than challenges for emerging markets.
About Standard Chartered
Group investor relations
Group media centre
WB media centre
Copyright © 2015 Standard Chartered Bank