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REPRIEVE AS PETROL PRICES FALL BY KSH 9
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abdulrahman
#11
Posted :
Monday, July 16, 2012 10:51:11 AM
Rank: Member
Joined: 4/25/2012
Posts: 261
Silk wrote:
I'm most impressed by the steady shilling after the CBR drop and now a significant drop in fuel prices !! Sign of good thing to come.
next is single digit inflation. things somehow looks better but with the Iran sanctions,the effects may bite leading to the rise in crude oil prices since this is demand vs supply thing.
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mwekez@ji
#12
Posted :
Monday, July 16, 2012 12:18:01 PM
Rank: Chief
Joined: 5/31/2011
Posts: 5,121
youcan'tstopusnow wrote:
youcan'tstopusnow wrote:
Next inflation figures to come in at less than 10 percent? 19 percent seems just like yesterday. Time flies. Bank rates ndio zimebaki and even that has began to give in...
A significant drop in headline inflation, which stood at 10.05 per cent last month, is in turn expected to add
downward pressure on
interest rates, which began their own climb-down early this month with a 1.5 percentage points cut in the
benchmark Central Bank
Rate (CBR).
http://www.businessdailyafrica....2/-/1b18npz/-/index.html
This one too is music to inflation numbers and to CBR cut
Bumper harvest of potatoes eases prices of maize
http://www.businessdailyafrica....2/-/15tv20n/-/index.html
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guru267
#13
Posted :
Monday, July 16, 2012 12:34:29 PM
Rank: Elder
Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
youcan'tstopusnow wrote:
youcan'tstopusnow wrote:
Next inflation figures to come in at less than 10 percent? 19 percent seems just like yesterday. Time flies. Bank rates ndio zimebaki and even that has began to give in...
A significant drop in headline inflation, which stood at 10.05 per cent last month, is in turn expected to add
downward pressure on
interest rates, which began their own climb-down early this month with a 1.5 percentage points cut in the
benchmark Central Bank
Rate (CBR).
http://www.businessdailyafrica....2/-/1b18npz/-/index.html
This one too is music to inflation numbers and to CBR cut
Bumper harvest of potatoes eases prices of maize
http://www.businessdailyafrica....2/-/15tv20n/-/index.html
If the CBR begins a cutting cycle stocks will rally all through way to Dec..
Mark 12:29
Deuteronomy 4:16
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subzero
#14
Posted :
Monday, July 16, 2012 12:36:04 PM
Rank: Member
Joined: 1/10/2008
Posts: 365
but Oil prices have been nose diving since Mar/April?
We didn't really feel the effect during that period.
now sadly the Prices have started to shoot again
http://www.economist.com/node/21558310
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hisah
#15
Posted :
Monday, July 16, 2012 4:48:55 PM
Rank: Chief
Joined: 8/4/2010
Posts: 8,977
subzero wrote:
but Oil prices have been nose diving since Mar/April?
We didn't really feel the effect during that period.
now sadly the Prices have started to shoot again
http://www.economist.com/node/21558310
If I'm not wrong, KE usually has a 2 month price lag.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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kyt
#16
Posted :
Monday, July 16, 2012 5:26:35 PM
Rank: Elder
Joined: 11/7/2007
Posts: 2,182
iran i read here printed all over, what has really changed? stupid big sam
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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maka
#17
Posted :
Tuesday, July 17, 2012 1:12:39 PM
Rank: Elder
Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The states is facing its worst drought since 1956 this will impact heavily on food prices globally and fuel prices as well...The low oil prices won't last for long.
possunt quia posse videntur
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Cde Monomotapa
#18
Posted :
Tuesday, July 17, 2012 1:38:04 PM
Rank: Chief
Joined: 1/13/2011
Posts: 5,964
maka wrote:
The states is facing its worst drought since 1956 this will impact heavily on food prices globally and fuel prices as well...The low oil prices won't last for long.
What's the co-relation btwn food & oil if I may ask? Or oil became a sub.
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