The Strategist
Markets & Industries

Bank of England predictably keeps the rate unchanged - 06/20/2019

At the end of the June meeting, the Bank of England has not changed the base interest rate, leaving it at 0.75%. In addition, the bank kept the volume of the program of purchasing government bonds at £435 billion ($ 553.3 billion) and the volume of purchases of corporate bonds at £10 billion. All decisions of the bank coincided with market expectations and were taken unanimously by all members...

Share of cash in global investors portfolio is growing - 06/19/2019

The stock of cash in portfolios of international investors has been growing at a record pace over the past eight years. The share of cash reached 5.6%, and this is the maximum value since the fall of 2016. The increasing risks of a trade war between the United States and China are forcing investors to reduce investments in risky instruments. The released liquidity is transferred into debt...

Is it worth to bet on meat alternatives? - 06/18/2019

Tyson Foods, the largest producer of meat products in the USA, is entering the market of vegetable protein that imitates meat. Currently, the products will be of mixed type: the hamburgers will be made from a mixture of Angus beef and pea protein. The products will be marketed under the brand Raised & Rooted. It is expected that this fall the products will appear on the shelves of two large...

Bitcoin jumps over $ 9000 for the first time in a year - 06/17/2019

Bitcoin rate on Sunday rose above $ 9000, which happened for the first time since May 2018. According to CoinDesk, price of the cryptocurrency on June 16 reached $ 9385. On Monday, Bitcoin is trading at $ 9141.17. Bitcoin has risen in price by more than 22% in the last 30 days and by 142% since the beginning of 2019, writes MarketWatch. However, the cryptocurrency’s rate is still significantly...

Experts: Venezuelan oil export nearly stops - 06/13/2019

US sanctions against Venezuela resulted in additional drop in production by 35% since the beginning of the year, experts at the Washington Institute of International Finance estimated. Recall that in late January, the United States banned transfer of funds from the United States to the accounts of the main state-owned oil company Petroleos de Venezuela, Sociedad Anonima (PDVSA), effectively...

Analysts: Pound Sterling will fall to 2 years low in case new PM supports hard Brexit - 06/10/2019

British pound sterling will fall in price to a minimum of 2 years in the event that the new British Prime Minister becomes a supporter of the hard Brexit, say analysts polled by Bloomberg. In May 2019, British Prime Minister Theresa May announced that she would leave the post of leader of the Conservative Party on June 7. Now the UK is getting ready to elect new Head of the Government. If the...

Experts: US, China central banks can enter trade war - 06/06/2019

Head of the US Federal Reserve System (FRS), Jerome Powell, said that he was closely following the situation with the negotiations on trade issues, and made it clear that he has a possibility to intervene if the tensions begin to slow down the American economy. Investors immediately perceived it as the Fed's willingness to lower rates. In turn, economists at Bank of America Merrill Lynch believe...

IATA lowers forecast for airlines global profit by 21% - 06/03/2019

The International Air Transport Association (IATA), which represents about 290 air carriers in the world, announced a lower forecast for airline profits amid falling demand and increased costs. Back in December 2018, the association predicted that the global air transport industry would make a profit of $ 35.5 billion by the end of 2019; now, however, IATA estimates this figure at $ 28 billion....

What is the most profitable cryptocurrency in 2019? - 05/31/2019

The most popular cryptocurrency, Bitcoin, rose by almost 100% in May only. However, it wasn’t the only profitable cryptocurrency asset - other cryptocurrencies and tokens brought yield of several hundred percent since the beginning of the year. Bitcoin (BTH) in April and May 2019 attracted attention of investors once again. In just two months, its  course has grown from $ 4,000 to almost $...

ECB: EU banks can't fully recover after 2008 crisis - 05/30/2019

The banking system of the eurozone lagging behind the USA, Japan, Switzerland and the UK after 2008 may be the reason for a further slowdown in global economic growth - this follows from the latest review of the ECB’s financial instability. The ECB also lowered its forecast for growth in the euro area in 2019 to 1.1% of GDP. Future problems, however, are unlikely to cause a systemic banking...
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