Markets & Industries
Las Vegas massacre brought up quotes of American arms manufacturers - 10/03/2017
Quotes of American arms manufacturers have grown significantly after the most deadly mass execution in the modern history of the United States. Shares of companies such as American Outdoor Brands (parent company of the Smith & Wesson brand), grew by 3.8%; Sturm, Ruger & Co rose by 3.5%, Vista Outdoor - by 2.4%. In recent years, rallies in the quotations of arms manufacturers have become...
Seven real estate bubbles - 10/02/2017
UBS has published the annual Global Real Estate Bubble Index report, which examines real estate markets around the world, and notes the risks of bubble formation in these markets. As stated in the report, an increase in the cost of housing by 10% per year leads to an increase in value by half for every seven years. In the opinion of analysts, part of the buyers is buying into easy financial...
The world's wine production will drop to a minimum due to weather anomalies - 09/26/2017
Bad weather hit the harvest of grapes all over the world. The freezing, heat and drought affected the vineyards of Europe the most: wine production may fall down by 10 to 20% in different countries. reduction in. Frozen France In August, the Ministry of Agriculture of France stated that this year wine production in the country will decrease by 18% compared to the previous year - to 37.2...
Artificial intelligence penetrates into the audit industry - 09/25/2017
The world's largest audit companies are gradually beginning to introduce artificial intelligence technologies into their activities. Auditors hope that AI will help them to free employees from technical and routine tasks in order to optimize their work. Recently, FT reported that audit companies EY and PwC are implementing a pilot project on the use of artificial intelligence (AI) to recognize...
Fight for clean air hits the market of steel in China - 09/22/2017
The fight for clean atmosphere could hit the steel industry in China, according to Reuters. In an attempt to clean the air near large cities, the Chinese authorities began to actively shut down thousands of enterprises producing low-quality steel and coal. This aggressive environmental war struck hardest on the producers of graphitized electrodes, which are used in electric arc furnaces when...
Fast facts about the cryptocurrency market - 09/22/2017
Cambridge University released a 114-page study on crypto-currencies. Here are the main points of this work. Crypto-currency industry Given that the industry is just gaining speed, it's worthwhile to start with determining its volume. And the data of companies and services for working with crypto-currencies show that this is indeed a virgin market. The study showed that only 1876 people are...
Why next financial crisis will come from the Silicon Valley - 09/20/2017
10 years have passed since the last financial crisis, and some analysts are already talking about the next one coming. However, the next crisis will likely come not from the Wall Street, but from the Silicon Valley. The modern world of finance looks quite different than 10 years ago. In 2007, the main concern was large, systemically important organizations that were on the verge of collapse....
Riyadh to raise domestic fuel prices - 09/18/2017
Saudi Arabia is considering a plan to reduce subsidies for gasoline and jet fuel no later than November, as the world's largest oil exporter is promoting a program to cut government spending after prices in the world market are falling, reports Bloomberg. As part of the plan, the government intends to bring petrol prices to parity with prices in the international market, a source familiar with...
Five best investment opportunities in September - 09/15/2017
Historically, September is the ideal time for those who want to make money in financial markets, suggest biographies of well-known traders. The summer of 2017 was quite volatile, and activities will increase as major market participants are returning from vacation. Here are the five most interesting trading opportunities that will bring you profit before the end of this month. 1. Sell bitcoin...
Why the world needs more lithium - 09/15/2017
There are many technologies and materials to meet the needs of the growing market of electric vehicles, but there are not enough lithium deposits. Fears of a shortage of lithium appeared about two years ago and led to a jump in prices for this metal almost three times high in just 10 months. The current price of lithium exceeds 20 thousand dollars per ton. The reason was a sharp increase in the...