The Strategist
Markets & Industries

Bloomberg: China's oil demand drops 20% due to coronavirus - 02/03/2020

Demand for oil in China fell by about 3 million barrels per day, or 20% of total consumption, Bloomberg reports citing sources. This happened against the backdrop of the Chinese coronavirus outbreak. China is the largest importer of oil; it consumes about 14 million barrels per day. This is enough to satisfy the needs of France, Germany, Italy, Spain, Great Britain, Japan and South Korea. The...

Traders name the main threat in 2020 - 01/31/2020

Lack of liquidity in 2020 will be the main problem for traders who will be facing this phenomenon every day, experts surveyed by JPMorgan Chase said. Respondents also said that they increasingly depend on artificial intelligence in their work. The main problem that traders will be facing daily in 2020 will be a lack of liquidity. This conclusion was reached by JPMorgan Chase, having interviewed...

US Fed pauses key rate growth - 01/30/2020

Following the January meeting, the US Federal Reserve System left the key rate at 1.5-1.75% per annum. The regulator refrained from giving any new signals, once again indicating in its statement that the current policy is consistent with existing goals. Experts point out that in the context of stable growth of the American economy and the conclusion of the first phase of a trade agreement with...

Experts: Bankruptcies will rise in 2020 - 01/28/2020

The number of corporate bankruptcies in the world in 2020 may grow by 6% amid the still low growth rates of developed economies, trade disputes and political uncertainty, experts at Euler Hermes insurance company (part of the Allianz group) forecast. Despite the fact that the current easing of financing conditions is a positive factor, increased price competition and higher wages will limit the...

Saxo Bank expects climate change in stock market - 01/23/2020

Danish Saxo Bank presented its forecast on global stock markets, the foreign exchange market, commodity markets and bonds for the first quarter of 2020. “For the first time after the Second World War, a shift is taking place right in front of us, and the priority of governments (and, of course, citizens) is not the growth of the economy, but the climate and the environment. Shortage of food,...

EU, England, Japan, Switzerland join forces with Bank for International Settlements to tame cryptocurrencies - 01/22/2020

The Bank for International Settlements (BIS) announced creation of a joint working group with the central banks of the EU, England, Sweden, Switzerland, Japan and Canada. Within the group, the central banks of these countries and BIS will evaluate “potential cases of using digital currencies of central banks in their jurisdictions”, including “the possibility of their cross-border interaction”....

China shows record steel production in 2019, aluminum production falls - 01/17/2020

In 2019, steel production in China reached a record level of almost 1 billion tons. At the same time, annual aluminum production fell for the first time in 10 years, the State Statistical Office of China reported. The world's largest steel producer in 2019 produced 996.34 million tons of steel, which is 8.3% more than the previous record set in 2018. In December, steel production in China...

Lower your expectations: UBS top manager tells about investments in 2020 - 01/15/2020

The key to a successful investment in 2020 will be moderate expectations and willingness to get lower returns, said UBS Global Wealth Management Chief Investment Officer. He advises paying attention to dividends, 5G technology and gene therapy. In 2020, investors should be prepared for lower returns on their investments, as well as for the fact that they will have to work hard to earn every...

Maduro to sell 4.5 mln oil barrels for Petro cryptocurrency - 01/15/2020

This is almost one sixth of all certified (state) reserves of the country. Nicolas Maduro signed a decree on the sale of petroleum for the Venezuelan cryptocurrency.  In the near future, the state-owned company PDVSA will sell 4.5 million barrels out of 30 million for digital money. This oil is listed in certified reserves. After the implementation of this decree, the Venezuelan...

Analysts: Rates falling, debt instruments going up - 01/13/2020

Demand for debt instruments is growing at low rates: the global volume of bonds issued by all issuers is approaching $ 120 trillion, and this is a record high, experts at the Washington Institute of International Finance note. Developing countries are in line with the general trend, their share in this market is at a maximum - about 25% of the total, while it was 10%before the crisis of...
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