Markets & Industries
World Bank expects weak global growth in 2020 - 01/10/2020
In 2020, the global economy will grow only a little faster than in 2019. According to the World Bank forecast, the increase in global GDP will reach 2.5%. At the same time, a slowdown in growth will affect the United States, Eurozone countries and China. Large emerging economies other than China, by contrast, will grow faster. The World Bank warns that the forecast given by its experts is at risk...
WB lowers global economic growth assessment - 01/09/2020
The global economic growth rate in 2020-2022 will accelerate by 0.1% per year, say experts of the World Bank. As follows from the recent report, growth in 2019 is estimated at 2.4%, in 2020 it will amount to 2.5%, in 2021 - 2.6%, and in 2022 - 2, 7%. Thus, the bank's economists lowered the bar set in June when they talked about an increase of 2.7% in 2020 and 2.8% in 2021. At the same time,...
Number of IPOs in 2019 turns out to be lowest in three years - 01/08/2020
The number and volume of initial public offerings of companies held in 2019 turned out to be the lowest in the last three years. Besides, some large and promising placements turned into disappointment. According to Dealogic, 1237 initial public offerings of companies were held in 2019, which is 20% less than in the previous year. This is the lowest figure in the last three years. The total volume...
US oil inventories fall lower than expected - 12/30/2019
Commercial oil reserves in the United States (excluding the strategic reserve) for the week ended December 20 decreased by 5.5 million barrels, or 1.2%, to 441.4 million barrels, according to a weekly review of the energy information department of the country's energy ministry. Analysts polled by Reuters expected a 1.7 million barrels drop in those stocks. Oil production in the US over...
London elite housing prices stop falling after Johnson's party wins - 12/30/2019
Housing prices in prestigious areas of London have finished the four-years fall. The number of deals increased after the Labor’s defeat in the election, but Brexit will continue to “cast a shadow” on the market. The "long-suffering real estate agents" of London's elite Mayfair district can raise a glass in honor of the holiday, writes the Financial Times. In the last quarter of the year, local...
Global economy in 2019: Crisis risks are lower, but no acceleration - 12/27/2019
2019 has become another year when the most negative forecasts did not materialize. Moreover, the expectations of an imminent correction in the markets, it seems, are now beyond 2020. The trade war, which has become the main factor of uncertainty in the global markets, is paused before the next, more complex round; the drama around Brexit is also close to resolution, and monetary policy, which...
What to expect from Bitcoin in 2020? - 12/26/2019
Bank of America Merrill Lynch recognized Bitcoin as the best investment asset for the last 10 years and 2019. The dynamics of the Bitcoin exchange rate depends on the discourse of representatives of regulatory bodies and watchdogs. There is positive news for the crypto industry that can strengthen the position of Bitcoin in 2020. For example, US Congressman Paul Gosar introduced a bill aimed at...
Experts reveal smart home market trends - 12/24/2019
This year, a number of smart home appliances developers, such as Apple, Google or Amazon, decided to standardize their devices. In general, over the year, cameras, screens, kitchens and switches have become noticeably “smarter” thanks to the growing cooperation between manufacturers of equipment and software. Apple, Google, Amazon, and the Zigbee Alliance, a standardization organization,...
Bank of Japand expectedly keeps negative rate at December meeting - 12/19/2019
The Bank of Japan kept the interest rate at a negative level - minus 0.1%, according to a statement from the financial regulator following the December meeting. The decision coincided with the expectations of analysts. Seven members of the regulator were in favor of maintaining the negative interest rate, two were against. The Japanese Central Bank introduced a negative interest rate of minus...
Moody's expects slowdown in global industrial development in 2020 - 12/19/2019
The international rating agency Moody's believes that the prospects for the development of global industry in 2020 remain negative due to the preservation of trade tension, which follows from a report by Moody's Investors Service. "The prospects for the development of the global manufacturing sector in 2020 are negative. Slowing global economic growth and increasing trade tension will affect the...
