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ECONOMY: 2021 is our year of active recovery — Emefiele, CBN Governor

Godwin Emefiele, CBN Governor. Central Bank of Nigeria (CBN) Governor, Godwin Emefield, CON, says 2021 is expected t be a yer of active recovery for the global economy and Nigeria must not be left out. He spoke during Vanguard Economic Summit organised in collaboration with the Bankers Committee in Lagos on Friday. It is indeed a pleasure to participate in this Summit, organized by the Vanguard Newspapers, and please permit me to express my deepest appreciations to a man I have great respect for, the publisher of Vanguard Newspaper, fondly called Uncle Sam Amuka. I would also like to thank his management team, for their relentless efforts towards the success of today’s event. Given the external and domestic factors that are influencing current outcomes in our economy, I believe this summit presents a significant opportunity to address critical stakeholders on events that are shaping our economy, and the policy responses being embarked upon by the Central Bank of Nigeria to suppo

EUR/USD holds below 1 21 ahead of preliminary PMIs

EUR/USD struggles to extend Thursday's gain as the US stock futures drop.  Eurozone PMIs may drop more than expected in the wake of coronavirus

EUR/USD holds below 1 21 ahead of preliminary PMIs

EUR/USD holds below 1 21 ahead of preliminary PMIs
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Shortened Week in Store in Both Markets

U.S. Featured Earnings Agilent Technologies Inc. (NYSE:A) (Q1) EPS projected at 89 cents, compared to 81 cents in the prior-year quarter. Occidental Petroleum Corporation (NYSE:OXY) (Q4) EPS projected for loss of 53 cents, compared to a loss of 30 cents in the prior-year quarter. Advance Auto Parts Inc (NYSE:AAP) (Q4) EPS projected at $1.93, compared to $1.64 in the prior-year quarter. TransUnion (NYSE: TRU) (Q4) EPS projected at 72 cents, compared to 66 cents in the prior-year quarter. Canada CREA Stats (Jan.) National home sales rose 7.2% on a month-over-month basis in December. Monthly Survey of Manufacturing (Dec.) Manufacturing sales decreased for the first time in three months, declining 0.6% to $53.7 billion in November.

Purchasing Managers Index for January 2021_SMM | Shanghai Non ferrous Metals

In January 2021, China's Manufacturing Purchasing Managers Index (PMI) was 51.3 percent, down by 0.6 percentage point from last month, which was above the threshold for eleven consecutive months, indicating that the manufacturing industry continued to expand, but the pace slowed down.

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