1. Markets will likely fall following the Paris attacks:
The value of stocks, crude oil and the European currency will drop this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy, according to analysts.
2. Vietnam and New Zealand seek trade links:
Vietnam and New Zealand have signed several cooperation agreements during a visit by Prime Minister John Key to Hanoi as they seek to double bilateral trade in the next five years.
3. European inflation figures are coming at 11 a.m. UK time (5 a.m. ET):
The month-on-month change in the consumer price index for October is published today. It was up 0.2% last month, and is expected to increase 0.1% this time around.
4. The new James Bond film is leading the US box office:
Spectre, the 24th Bond instalment and last week’s top film, took in $US35.4 million in its second weekend, according to studio estimates Sunday. The Peanuts Movie held in second place with $US24.2 million.
5. Japan relapses into recession in July-September, a blow to “Abenomics”:
Japan slipped into its fourth technical recession in five years between July and September – spotlighting how the government’s “Abenomics” policies have struggled to drag the economy out of chronic stagnation.
Official data on Monday showed the world’s third-largest economy shrank an annual 0.8 percent in July-September after a 0.7 percent contraction in the prior quarter, putting it firmly into recession – two consecutive quarters of declines.
6. Oil Majors’ Dividends Survive Plunge in Oil Prices:
The world’s biggest energy companies have doubled down on their promise to protect dividends, despite a precipitous drop in profits this year, driven by a steep decline in oil prices.
7. Russia Eases Ukraine Debt Standoff, Discusses New Offer With IMF:
Russia is putting forward a proposal for Ukraine to settle its $3 billion debt after refusing to participate in restructuring talks, according to Finance Minister Anton Siluanov.
“Russia made a proposal on how Ukraine can pay its $3 billion debt to Russia, which should be settled in December this year,” Siluanov said. “We made a proposal to the IMF and I talked to some European colleagues. This proposal, in our view, would be interesting and may serve as a foundation to resolve Ukraine’s debt problem with Russia.”
8. 122 Firms Release Q3 Results On NSE:
The NSE on Friday revealed that 122 companies have submitted their third quarter reports out of 210 companies that have September 30th, representing 58 per cent, while 42 per cent or 88 companies are yet to file in their reports.
Some of the companies that have submitted included, Forte Oil, Transnationwide, UBA, Transcorp Hotel, Cadbury, Champion Breweries, Oando, Larfarge, CAP, Mobil, Courtivile Business Solution, First Aluminium, Guinness, Berger Paints, NEM Insurance Guaranty Trust Bank, Nigerian Breweries, NPF Microfinance, Abbey Mortgage Bank, Lasaco Assurance, Access Bank among others.
9. 14 banks earn N2.6trn in nine months:
Fourteen of the quoted banks on the floor of the Nigerian Stock Exchange (NSE) have reported N2.618 trillion earnings in their unaudited financial statements for the period ended 30 September, 2015.
10. Nigeria’s Inflation falls month on month:
Nigeria’s October inflation rate rose by 9.3% compared to 9.4% in September, the first time Nigeria’s inflation rate will drop month on month since November 2014 when it was 7.93%. The drop in inflation was due to the seasonal effects of the Muslim festive period dissipating. Food prices also edged lower in October due to slower price increases in staple foods.
