The Strategist
Markets & Industries

Second round of Canada's housing bubble - 05/02/2017

Fate of the largest Canadian non-bank mortgage lender Home Capital Group has been determined over the weekend. The company faced an outflow of almost 70% of deposits, and announced attraction of an extremely large credit line for 2 billion Canadian dollars to provide liquidity. The situation frightened the shareholders, the papers fell by 10% and destroyed two-thirds of the company's market cap...

Trump wants to split the largest US banks - 05/02/2017

President of the United States Donald Trump said that he is considering a possibility of forcing the largest banks of the country to be split. Experts believe that, if done right, this measure can be beneficial both to the entire financial market and to bank investors. The reform would bring more severe competition to the market, and investors will be able to successfully sell their shares in the...

US residential property market recovering after housing bubble - 04/28/2017

Number of new homeowners in the US was twice as larger as number of new tenants in the first quarter of this year. According to American observers, the situation in the real estate market indicates a change in the trend, which lasted more than ten years. Then, after the mortgage and financial crisis, people preferred to rent rather than buy. According to the US Census Bureau, the number of new...

ECB finds out banks and economists are disappointed in QE - 04/28/2017

The European Central Bank (ECB) published a survey of 95 central banks over 100 leading academic macroeconomists. The paper is dedicated to changing the policy of central banks following the crisis. The most interesting moment is the respondents’ attitude towards the idea of quantitative easing (QE). The central banks’ managers tend to doubt the QE’s effectiveness, and about 20% of them believe...

World Bank: Non-edible commodities prices will bounce up - 04/27/2017

The World Bank expects a rise in prices for all types of industrial raw materials, while prices for agricultural products will remain stable, says the organization’s quarterly forecast for development of commodity markets. The bank hasn’t changed the January forecast of $ 55 per barrel for oil prices in 2017. In 2018, bank experts forecast an increase in prices to $ 60 per barrel against the...

China to inspire competition among local automakers - 04/26/2017

The Chinese authorities intend to weaken the rule of 50/50, now regulates activities of joint ventures of local auto companies with foreigners. In the next few years, the government can allow foreigners to own large shares in associated undertakings. Thus, the government wants to encourage local producers to more actively develop their own car brands. The Chinese government’s plans to liberalize...

India's steel industry keeps booming - 04/25/2017

JSW Steel Ltd. Has become the largest steel company in India this year, significantly increasing production, reports Bloomberg. The company from Mumbai intends to build two plants with a capacity of 10 million tons each in the resource-rich states of Odishi and Jharkhand to increase capacity more than twice to 40 million tons by 2030, said Managing Director of JSW Steel Ltd. Seshagiri Rao. To...

European banks expected to deliver weak results in Q1 2017 - 04/25/2017

European investment banks are expected to give way to competitors from the US in trading stocks and bonds. This will be reflected in the financial results for the first quarter, to be published this week, reports Bloomberg. Barclays Plc, Deutsche Bank AG and UBS Group AG are expected to report a smaller increase in bond income than the five largest US investment banks, which rose their total...

Venezuela: Unobvious influencer of the oil market - 04/25/2017

When it comes to oil prices, one should not disregard Venezuela. Aggravation of the economic and political crisis in the country can seriously affect the market. The country with the world's largest oil reserves is experiencing economic collapse and, as a result, mass protests against the government of President Nicolas Maduro. MarketWatch quotes James Williams, an energy economist at WTRG...

Brexit announcement hits hedge funds - 04/24/2017

Hedge funds suffered losses after British Prime Minister Theresa May shocked the markets last Tuesday by announcing early elections to be held on June 8. At that, funds headed by people were outwitted by those headed by artificial intelligence, writes Reuters. This proved that computer-minded funds, which showed themselves well after the British vote on Brexit last June, failed the first serious...
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