The Strategist
Markets & Industries

China expects car sales to fall by 8% in 2019 - 12/12/2019

Car sales in the country will fall by around 8% in 2019, marking the second annual decline for the world's largest auto market, the Chinese Association of Automobile Manufacturers (CAAM) predicts. Last year, a decline of about 3% was recorded, which was the first since nineties. The expected steep fall came as a surprise for the industry participants, who back in 2018 predicted that...

SEC rejects NYSE's suggestion on alternative to traditional IPO - 12/11/2019

The Securities and Exchange Commission (SEC) rejected the offer of the New York Stock Exchange (NYSE) to create a new type of direct listing that would allow companies to raise capital. The NYSE spokesman confirmed that the SEC rejected the proposal to create a new alternative to the traditional IPO, which was published on the exchange’s website in late November. He noted that the NYSE will try...

Study: Digitalization slows inflation down - 12/11/2019

Digitalization of the economy reduces the rate of inflation, says authors of the IMF’s paper. In particular, the use of new technologies can result in lower production costs (and, consequently, prices. At that, emergence of companies such as Amazon, lower entry barriers and growth of online commerce are changing conditions for competition in the markets. According to the paper, a positive...

Smartphone shipments in Europe overtake global market - 12/03/2019

In the third quarter of 2019, Europe showed the highest growth rates among regional smartphone markets, according to Canalys analysts. The supply of devices to the region increased by 8% year on year and reached 52.5 million units. Europe has outstripped not only the global market as a whole, where specialists previously registered an increase of 1%, but also the dynamic Asia-Pacific region, the...

How off grid technologies could shape the economic future of Africa - 11/26/2019

The “Off-grid” movement, nascent in America, is a spin-off of the growing popular feeling of defiance towards large organizations, both public and private. But what remains marginal in the United States and almost unheard of in Europe may soon form a revolutionary opportunity in Africa. In a land, the resources of which are acknowledged by all, but with widely varying sets of circumstances such...

Palladium prices going up as environmental movement is rising - 11/26/2019

Global palladium prices returned above the level of $ 1.8 thousand per troy ounce. The growth is supported by investors' expectations regarding conclusion of the first part of the US and China trade deal, as well as increased demand for metal from the automotive industry. After a three-week break, palladium prices once again climbed above $ 1.8 thousand per troy ounce. According to Reuters, on...

Canadian cannabis industry is crashing down due to weak demand - 11/25/2019

Cannabis stocks in Canada reached nearly 400 tons. This is enough to cover demand for the next 2.5 years. The reason for the excess was that manufacturers overestimated the demand for cannabis, which the country legalized last year. As a result, the prices fell sharply. Warehouses in Canada were littered with unsold cannabis after the country legalized storage and use of marijuana for...

IEA calculates states revenues from oil production restrictions - 11/20/2019

Abundance of oil on the market, caused by a sharp increase in supplies of Saudi Arabia in October, will be supported by accelerated growth in production outside the cartel in 2020, the International Energy Agency (IEA) updated forecast states. At the same time, the IEA warned about a predicted decrease in OPEC oil demand in 2020, indicating that participants in the transaction to limit production...

IEA expects global oil demand, US share in global oil production to increase - 11/15/2019

Global demand for oil will increase by 6.8% by 2025, compared to 103.5 million barrels per day in 2018, the International Energy Agency (IEA) notes. At the same time, the demand for oil in developing countries will be growing annually by 900 thousand barrels per day. By 2040, global demand will increase by 9.8% to 106.4 million barrels per day, the IEA notes. Demand for oil in the U.S. will...

US sanctions make Venezuela scale down oil prices - 11/12/2019

Venezuela is forced to sell oil at reduced prices, since US sanctions against the government of President Nicolas Maduro are having an increasingly negative impact on its most important source of income, the Financial Times writes with reference to analysts. According to them, since the imposition of sanctions, the country has been experiencing problems with the purchase of necessary materials...
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