Markets

MUNICH, May 6, 2022 /PRNewswire/ — The basis for the success of the explainer videos by Jonas Eisert and his team is their expertise and unique approach. Loftfilm productions enable companies to stand out from the competition and win over customers. Shortly after it was founded in 2016, the German agency Loftfilm established itself in… Continue reading How Jonas Eisert and his agency Loftfilm revolutionised the world of explainer videos

There’s no way China is going to hit its 5.5% target for growth this year, Stephen Roach told CNBC Friday. That’s a big deal for the global economy, which can’t rely on China to bail it out again, he said. “That cushion’s gone,” the economist said, noting the “formidable pressures’ facing Beijing right now. Loading… Continue reading China’s slowdown means there’s no way Beijing will hit its growth targets — so don’t rely on it to cushion the world against recession, economist Stephen Roach warns

Legendary investor Jeremy Grantham has issued a warning about the US housing market as mortgage rates rise. He said a crash in the property market would be much more dangerous for the economy than a plunge in stocks. The GMO founder has said markets — including housing — are in a “superbubble” that is about… Continue reading Jeremy Grantham rings the alarm on housing as mortgage rates rise, saying the US won’t be able to ‘skate through’ a property crisis

Prime Minister Viktor Orban has said the EU Russian oil ban would be a “nuclear bomb” for Hungary’s economy. The central European country has emerged as a key obstacle to the EU’s plan to completely stop Russian oil imports. Hungary is heavily reliant on Russian oil and gets it mainly via pipelines, which would be… Continue reading Hungary says an EU ban on Russian oil would be a ‘nuclear bomb’ for its economy, as it derails embargo plans

China’s capacity to store oil and history of buying discounted supplies could help Moscow offset an EU embargo. China has at least 83 million barrels of spare inventory capacity that could be filled with cheap Russian oil, said energy analyst Matt Smith. This chart from Kpler shows why Moscow could turn to China if the… Continue reading This chart explains why Moscow could turn to China to ramp up oil imports after an EU embargo

US stock futures fell Thursday in the wake of a relief rally sparked by Fed Chair Jerome Powell’s rate-hike comments. Investors are assessing whether Powell signaled a 75-basis-point rate hike is unlikely in future policy decisions. European stocks surged after upbeat corporate earnings and a Bank of England interest rate increase. Loading Something is loading.… Continue reading US stock futures slide after Fed-driven rally as investors digest Powell’s rate-hike comments

Japan and the UK discussed plans to cut Asia’s reliance on Russian oil on Thursday. Russia is increasingly looking to Asia as an export market, as Western buyers shun the country. The EU on Wednesday proposed a total ban on Russian oil imports within a year. Loading Something is loading. Japan and the UK are… Continue reading Japan and the UK thrash out plans to cut Asia’s reliance on Russian oil, as sanction-hit Moscow hunts for new buyers

The Bank of England on Thursday hiked interest rates by 25 basis points to 1%, the highest level since 2009. The BoE is grappling with the strongest inflation in 30 years, but also with a slowing economy. It comes after the Federal Reserve increased interest rates by 50 basis points Wednesday. Loading Something is loading.… Continue reading The Bank of England hikes interest rates to 1%, the highest level since 2009