The Strategist
Markets & Industries

Advertising holding forecasts unprecedented drop in advertising costs worldwide - 04/15/2020

French advertising holding Publicis Groupe, the third largest in the world, warned that advertising costs will fall lower than at the peak of the 2009 crisis, when they fell by 10%. CEO Arthur Sadoun told The Wall Street Journal that the new crisis will be "unprecedented in scale, complexity and duration." According to him, only in March the pace of cutting spending on advertising "was more...

India, Kenya report problems with tea harvesting - 04/15/2020

Suspension of work in India and Kenya in connection with the pandemic resulted in a break in tea harvesting. Global demand for it is already growing; for example, it increased by 55% in March in the UK. Tea producers and traders warn of a possible shortage of the most valuable varieties, according to the Financial Times (FT). The quarantine announced in late March in India due to coronavirus...

Wood Mackenzie expects sharp drop in electric vehicles sales - 04/13/2020

Electric vehicle sales in the world could fall by 43% to 1.3 million units by the end of 2020, according to a new study by Wood Mackenzie. In 2019, electric vehicle sales approached 2.2 million units. One of the factors that will lead to a drop in sales this year is the coronavirus pandemic. The market is also affected by the potential delay in updating fleets due to falling oil prices and the...

API: Demand for oil in the world remains strong, but problems after the OPEC+ deal will persist - 04/13/2020

Long-term global oil demand remains strong, but problems in the industry will continue after the OPEC + deal to reduce production, said Mike Sommers, director general of the American Petroleum Institute (API). “Forecasts show that long-term demand for oil and natural gas around the world remains strong. In the coming weeks and months, significant problems will remain for our sector and almost...

Experts: Price of copper will fall by almost 12% in 2020 - 04/07/2020

The price of copper in 2020 will drop by almost 12% to $ 2.4 per pound, according to the Chile Copper Industry Commission (Cochilco). The country is the world’s largest producer of this metal. "The average price of copper in 2020 will be $ 2.4 per pound, which is 11.8% lower than 2019. During the current year, the price will move downward under pressure from growing stocks and excess metal......

ECB is buying up Italian government bonds amid coronavirus pandemic - 04/07/2020

The European Central Bank (ECB) is making every effort to support Italy and other Eurozone countries, whose economies have been hit hardest by the consequences of the SARS-CoV-2 coronavirus pandemic. The bank is currently actively buying government bonds for these countries. According to the Reuters news agency, in March 2020, the ECB invested €33.75 billion in the purchase of debt obligations of...

Global winemaking is on the verge of crisis - 04/06/2020

An apocalyptic picture is emerging in the winemaking industry due to a combination of several factors: new duties, crisis of overproduction, biological and climatic threats. In 2018, there were ominous signs in the form of global natural disasters. In the year 2019, the list of fatal threats included political risks. Either pondering the next manifesto of populism, or actually deciding to protect...

Quarantine measures are lowering uranium supply - 04/03/2020

Coronavirus control measures, which universally resulted in lower raw material prices, have positively affected the cost of natural uranium. Mining companies are closing mines due to quarantine; as a result of last week, uranium prices jumped 13% immediately to $ 27 per pound. While most metals are getting cheaper amid falling demand, the cost of natural uranium has begun to rise. Spot prices for...

Cruise operators on the verge of wreck because of COVID-19 epidemic - 04/02/2020

One of the largest cruise operators, the British-American Carnival, is going to attract additional financing in the amount of $6 billion to survive the crisis associated with the coronavirus pandemic and the suspension of cruises. Not only Carnival has difficulties. According to The Economist, the market has problems that are far more long-term and serious than even those in the air...

US oilmen flooded with excess oil - 03/30/2020

Oil prices on the physical market in the US have become negative: producers pay consumers to pick the oil up, Bloomberg writes. The first oil stream that turned everything upside down was the high-sulfur grade Wyoming Asphalt Sour, which is mainly used for bitumen production. In mid-March, the commodity trader Mercuria Energy Group asked for a price of minus 0.19 cents per barrel, in fact...
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