August 7, 2026 Dave Dookie, Managing Director Oil & Trinidad and Tobago: Elevated oil prices improve energy export earnings, government revenues and foreign-exchange inflows, but higher fuel, freight and imported-goods costs could increase inflationary pressures. U.S. Markets: Equities rallied strongly, with the S&P 500 up 3.59%, Nasdaq up 5.19% and Dow up 2.96%, supported by softer employment data and expectations for a less restrictive Federal Reserve. UK, Europe & Asia: Th

August 1, 2026 Dave Dookie, Managing Director U.S. technology equities led global markets, although performance was selective. The Nasdaq advanced 1.59%, supported by a strong rally in Alphabet, while Apple, Meta, and Micron declined as investors adopted a more cautious stance toward elevated AI-related expenditure and extended valuations. Global equity markets posted broadly positive returns. The S&P 500 (+1.06%), Dow (+1.04%), FTSE 100 (+1.23%), Euro Stoxx 50 (+1.23%), DAX

July 25, 2026 Dave Dookie, Managing Director S&P reaffirmed Trinidad and Tobago's BBB- investment-grade sovereign rating. Highlighted were strong external assets, the Heritage and Stabilization Fund, and projected current account surpluses averaging 5.2% of GDP. However, the negative outlook reflects continued reliance on the energy sector and the need for stronger long-term economic growth. Global equity markets were mixed. The U.S. underperforming as higher Treasury yields,

July 17 2026 Dave Dookie, Managing Director Technology stocks drove global losses: The Nasdaq Composite fell 2.90% as investors took profits in high-growth AI and semiconductor names. Broadcom (-6.36%), Micron (-13.31%), Meta (-3.47%), and Alphabet (-2.91%) led the sector lower, while investors shifted into energy and defensive stocks. Global markets were mixed: The S&P 500 declined 0.11%, the FTSE 100 gained 0.98%, Europe's major indices finished lower (Euro Stoxx 50 -0.62%,

Bond Traders at the desk as new Global Bond is issued Lower U.S. Treasury Yields Could Reduce Borrowing Costs for Future Trinidad & Tobago Sovereign Bonds Dave Dookie, Managing Director Lower U.S. Treasury yields compared to the highs of 2023-2024 could create a favorable window for Trinidad and Tobago: If the Government of Trinidad and Tobago is to issue future U.S. dollar sovereign bonds in a lower interest rate environment this could potentially reduce borrowing costs and

AI Robot at work in an office AI Spending Drives Long-Term Opportunity Despite Short-Term Market Volatility June 26, 2026 Dave Dookie, Managing Director AI Remains the Long-Term Investment Theme: Despite a sharp pullback in technology stocks this week, artificial intelligence continues to be the dominant long-term growth story. Investors are becoming more selective, favoring companies with proven AI-driven earnings while reassessing stretched valuations. Global Markets Ended

June 20, 2026 Trinidad Charts a Stronger Economic Course, from Stabilization to Growth Trinidad & Tobago Mid-Year Review Shows Improving Fiscal Position: The Government reported a reduction in the fiscal deficit from 5.8% of GDP to 4.0% of GDP, supported by stronger than expected revenues and controlled expenditure. Investor confidence was further boosted by the successful US$1 billion international bond issue and Moody’s Stable Outlook. U.S. Markets led by Technology Stocks:

Moody’s Strengthens Trinidad and Tobago’s Credit Outlook

Strong pipeline of June IPOs, led by the anticipated SpaceX listing.

Natural Gas Rebounds as Global Demand Outlook Improves

Trinidad at an Inflection Point, Economic Confidence and Market Strength Return

Caribbean Bonds face higher interest rates.

AI Rally Extends as Energy Risks Support Oil Markets

Caribbean Bonds Steady as Global Equities Grind Higher

Tech Rally Continues and Trinidad Bonds show Strength

Geopolitics drives energy surge in 2026, Trinidad Assets hold firm.

T&T's Economic Recovery Underway but Gradual

Strong Credit, High Yield: Trinidad & Tobago Bonds Are Gaining Investor Attention Dave Dookie, Managing Director Caribbean sovereign bonds continue to trade at elevated yields due to global rising interest rate pressures, offering attractive income opportunities relative to developed markets. Trinidad and Tobago bonds yield 4.9% to 6.7% across the curve, trading tighter than regional peers due to its investment-grade status and energy driven fiscal strength. Higher oil prices

T&T Market Advances as Energy Prices Reshape Global Equity Performance Dave Dookie, Managing Director Rising energy prices are driving global markets . Increase in Brent Crude Oil and a modest decline in Natural Gas prices have reinforced inflation concerns, triggering a shift toward energy, financials, and defensive sectors, while pressuring growth and consumer-oriented stocks in the Global Market. U.S. Equities extended the sell-off . S&P 500 fell (-2.10%), Dow Jones Indust

​Energy prices surge, global volatility presents opportunities and risks for Trinidad and Tobago Dave Dookie, Managing Director Higher global energy prices are emerging as one of the most significant macroeconomic variables for Trinidad and Tobago in 2026. As a hydrocarbon dependent economy, government revenues, critical foreign exchange inflows, and overall fiscal stability remain closely linked to movements in oil and natural gas prices. Recent geopolitical developments in