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Macroeconomic News

Russian Energy Woes

The invasion of Ukraine by Russia has shaken the world, with such conflict in Europe being unprecedented in recent history. It is clear the Ukrainian people will bear the brunt of the suffering as their homes are transformed into warzones. This conflict will also bring wider implications for nearly every […]

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Capital Markets Market Trends Macroeconomic News

Debt: strong M&A and LBO activity to drive market forward despite looming rate-hikes

This is the second article in a series of three covering the outlook for capital markets in 2022. ECM were covered in the previous article. Look out for private equity and private credit next time, following on from today’s DCM overview. Moving into March, it’s already clear that staggering inflation […]

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Market Trends Macroeconomic News

Time to buy the dip… or sell the rip?

Views on the equity market outlook are extremely divided at the moment. Following a two-week rally from recent lows, the equity market again extended losses on Thursday after the release of the higher-than-expected CPI report and on Friday with the rising tensions from Ukraine. Despite the hawkish Fed which signalled […]

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Market Trends Macroeconomic News

Namibia’s Green Hydrogen Revolution

Namibia, the sparsely populated nation home to vast swathes of desert and sand dunes, is undertaking an ambitious project to be at the forefront of global green hydrogen production. The Namibian government recently stated Hyphen Hydrogen Energy as the preferred bidder to undertake the development of Namibia’s first vertically integrated […]

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Macroeconomic News

Unconventional treachery: how Turkey plunged itself into monetary disaster

The rate of inflation within Turkey has reached its highest level since Erdoğan , the president, came to power two decades ago. We can put much of the blame upon the president’s insistence that central bank chiefs contravene the conventional monetary policy that lowering interest rates leads to an increase […]

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Market Trends Macroeconomic News

Moving into a Tighter Economy: Faster than Expected

“It may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated.” 2022 starts with some disturbing news for investors: on January 5th, minutes from the Federal Reserve officials’ December meeting were released. Within which, they suggested the possibility of withdrawing […]

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Macroeconomic News

El Salvador’s Bitcoin City: An Overdue Eruption?

In the wake of a booming global crypto-currency market, Nayib Bukele, the El Salvadoran President, has recently announced that the Central American country is intending to create the world’s first ever “bitcoin city”. This wild proposition will involve funding through the issuance of $1bn in sovereign bonds backed by the […]

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Market Trends Macroeconomic News

Stagflation concerns: are the 1970s coming back?

Inflation is soaring in the world’s largest economies now. In the U.S., consumer prices are racing at their quickest level since the 1990s. In China, factory gate prices rose at the fastest pace in 26 years in October, beating forecasts and further squeezing profit margins for producers already grappling with […]

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Market Trends Macroeconomic News

Arrivederci Alitalia: Italy’s long beleaguered national airline permanently grounded

October 15th saw Alitalia flight AZ1586 touch down at Rome’s Leonardo Da Vinci Airport and draw a close to the airline’s 75 year history. Since 2000 Italy’s national airline had only one profitable year and 2017 marked the beginning of the ultimate demise as state-appointed administrators stepped in to avoid […]

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Market Trends Macroeconomic News

Fed Tapering: Economic Recovery From The Pandemic

Looking back to the past 2021, the overall theme is recovery. With financial stimulus from governments across the world, liquidity was injected into the market. For example, for most of the past year and a half, the U.S. Federal Reserve has been buying at least $120 billion of bonds each […]

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Macroeconomic News

Evergrande: China’s Lehman?

Recently the world’s largest and most indebted real estate developer, China’s Evergrande, has been on the verge of defaulting. In the midst of China’s attempts to move its economy towards a more free market model, free from heavy government intervention, this crisis presents the Chinese government with a challenging decision: […]

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M&A Deals Market Trends Macroeconomic News

M&A Activity in China

With my time as CIBS Research Group Director coming to an end, I thought the most fitting way to write my last article would be to reflect back on my first. 2021 has marked the busiest-ever start to a year for M&A activity in China, with a record pace of […]

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Capital Markets Macroeconomic News

Supreme Court rules against Uber in landmark employment case

On Friday February 19th, following a lengthy legal fight, Uber lost a momentous battle at the Supreme Court in one of the most significant employment cases in recent decades. The UK’s highest court ruled against the firm, concluding that its drivers should be classed as workers rather than independent third-party […]

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Macroeconomic News

Paying for the Pandemic

With the huge amounts of government spending that have taken place throughout the COVID-19 pandemic, it is no surprise the question of how it will be paid for has arisen. For the month of January 2021, the UK government budget was £8.8bn in the red; the first time there has […]

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Macroeconomic News

Can ‘Super’ Mario save Italy?

Italy is a country that has faced numerous economic and social problems in the past decade, and has been struggling to integrate into the world economy. These problems include political volatility and excessive bureaucratism for firms, and have hindered economic progress for numerous decades as the country fell behind its […]

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Market Trends Macroeconomic News

The Biotech Boom

The biotech industry has stolen the limelight after being pushed to the forefront of people’s minds as the world races to manufacture vaccines and restore a sense of normality. Early this month, we passed a historic milestone – the number of Covid-19 vaccinations globally finally surpassed the total number of […]

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Capital Markets Macroeconomic News

Biden(omics): a new chapter for the US markets

With the inauguration of the 46th US President on Wednesday January 20th, a new page turned for the US economy. Stocks opened higher on Wall Street ahead of the inauguration ceremony. The S&P 500 (^GSPC) was up 1% shortly after the open, while the Dow Jones Index (^DJI) was up […]

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Market Trends Macroeconomic News

UK Financial Services Post-Brexit

With the start of 2021 ushering in a new era for Britain, having left the EU’s single market, the agreed trade deal continues to be debated and questioned. But with a deal on financial services to be negotiated separately in the coming months, there is uncertainty surrounding the sector which […]

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Market Trends Macroeconomic News

Banking with Bitcoin and Beyond

Bitcoin hit an all-time high again. Of course, not before slumping shortly afterwards. It peaked at an intraday all-time high of $19,510, more than 300% above its low point in March earlier this year. It last attained such numbers in December 2017, a year which saw its value skyrocket nearly […]

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Market Trends Macroeconomic News

Can Biden make America green again?

Since President-elect Biden won the election at the start of this month, many have been left wondering about the consequences this will have for the environment. The US has by no means a good reputation in this sector, especially after four years of the Trump administration who were actively hostile […]

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Market Trends Macroeconomic News

Is this the end of the boom-bust cycle?

Over the last century or so, most Western economies have demonstrated distinctively cyclical behaviour. Known as the boom-bust cycle, the credit cycle or the economic cycle, the superposition of inflationary and deflationary oscillations over a reasonably linear increase in productivity growth, has defined the natural order of the financial markets […]

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Macroeconomic News

Boris’ 10-steps to “green” success

Earlier this week, the UK Prime Minister, Boris Johnson, announced the government’s new 10-point plan towards a greener future; in which £12bn of government investment will be mobilised and up to 250,000 new jobs will be created. He wrote “This 10-point plan will turn the UK into the world’s number […]

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Macroeconomic News

Building up the property market

Despite the UK entering its largest-ever recession this year, with the economy shrinking by more than 20% in Q2, house prices have shown strong growth, rising by 5.8% year-on-year to reach a record high of £227,826 in October 2020, the biggest annual rise in almost 6 years. The UK property […]

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Macroeconomic News

The need for EU fiscal reform

On Wednesday October 21st, the European Fiscal Board, an independent body that advises the European Commission, urged policymakers to take advantage of the opportunity for much-needed fiscal policy reform. The Stability and Growth Pact’s current temporary suspension has led for calls to rethink whether the pact’s target of a 60% […]