Markets & Industries
Fed is getting ready for yet another rate hike - 08/02/2018
As expected, the Federal Reserve System (Fed) of the United States kept the key rate at 1.75-2% per annum on Wednesday. At the same time, the US regulator optimistically assessed the state of the economy in the country, noting that inflation is close to the target of 2%. Against the background of positive macro statistics, experts predict two more rate hikes in the remaining three meetings of the...
Investing in gold is so not attractive anymore - 07/31/2018
According to Thomson Reuters GFMS, there was a significant drop in demand for gold in the first half of the year. The decrease in demand for the metal from professional investors and jewelers could not be compensated either by central banks of developing countries or by private investors. The decline in demand for metal may continue against the backdrop of the tightening monetary policy of the US...
US tariffs prompted outflow of capital from China - 07/26/2018
The rise in market volatility and the weakening of the yuan, which followed announcement of new trade restrictions on Chinese imports to the US, caused a net outflow of capital from China in the amount of $ 6 billion in June. In July it could rise to $ 20 billion, Capital Economics forecasts. In May, this indicator was positive ($ 5 billion), despite of the Fed's plans to increase the dollar’s...
Are we on the verge of a new global economic crisis? - 07/25/2018
Who can doubt that we live in interesting times? Was not the press conference of US President Donald Trump, when he confessed to the whole world that he trusted Vladimir Putin more than his own intelligence services, interesting? The US intelligence services insist that they have convincing evidence of the involvement of the Russian government in interfering in the presidential election in 2016....
IEA: Oil & Gas are the most popular investments - 07/18/2018
The global volume of investment in the energy sector in 2017 amounted to $ 1.8 trillion, or 1.9% of global GDP. This amount is 2% less than a year ago, the International Energy Agency (IEA) estimated. Of the total investment, $ 750 billion was spent in the power industry (minus 6% compared to 2016). Of these, investments in the electrical grid amounted to $ 303 billion (plus 1%), investments in...
The world expects the largest excess of sugar in history - 07/13/2018
Excess of sugar in the market in 2018 will lead to world reserves reaching a record level amid a slowdown in demand and an upsurge in production, ZeroHedge writes. Having reached a high of 15.37 per pound on the third day of January, the price of sugar futures, which are traded on the Intercontinental Exchange, was on the way to a decline. Sugar was trapped in a long-term "bearish" market,...
Hedge funds are expecting growth of the Chinese stock market - 07/10/2018
Chinese stocks may rise by 20% over the next three years, even if conflicts with the US continue, said Wong Kok Hoi, founder of the Singapore-based APS Asset Management Pte. If the tension between the US and China in the trade and technology sector weakens, the profit can reach up to 50%, notes Wong Kok Hoi. This, he said, is comparable to the CSI300 index, which lost about 14% this year....
Did OPEC miss emergence of a new competitor? - 07/09/2018
It seems that OPEC missed possible emergence of a competitor. On the other hand, the organization certainly could not prevent formation of an organization of oil buyers in any case. Relations between India and China are not at their best point as the two countries are fighting for leadership in Asia. Beijing and Delhi cannot solve the territorial disputes that once led to the war, but all this...
Tanker vessels worth $ 1 bln will be sent for scrap in 2018 - 07/09/2018
This year, ship owners are going to ship $ 1 billion worth of tankers for scrap. First of all, we are talking about VLCC, large-capacity tankers of the 3rd class with a capacity from 160 to 320 thousand tons. The tankers are dismantled for scrap metal at shipyards. Most of them are located in India, Pakistan and Bangladesh. The Hindustan peninsula accounts for almost 80% of this relatively new...
Thomson Reuters: IPO market skyrocketed in 2018 - 07/06/2018
Thomson Reuters assessed dynamics in the capital markets in the first half of this year. The world market of primary placements increased by 22% against the previous year and amounted to $ 98.6 billion, which is the maximum since 2015. According to Thomson Reuters, in the first half of the year the total volume of initial public offerings around the world totaled $ 98.6 billion. This is 22% more...
