(Arnav Barry) Ukraine’s central bank crisis seems to have come to an end after 2 weeks of turmoil. Bond prices jumped on Thursday as President Zelensky chose to appoint Kyrylo Shevchenko, former head of Ukrgasbank to head up the NBU after the shock resignation of Mr Smolii in tumultuous circumstances. Mr Smolii resigned after citing continuous … More NBU’s new governor Shevchenko creates uncertainty around Ukrainian currency and bonds as the question of Central Bank Independence remains unanswered.
(Michael Li University of Bath, Shalin Kothari) Background: Zoom Video Communications leads the market in online chat services, having seen a major surge in revenues in the early months of 2020, induced by the stay-at-home policies implemented by governments in response to the Covid-19 pandemic. The sudden restriction on physical interactions has forced people to meet … More Zoom Video Communications, Inc. (NASDAQ: ZM) Summary- Jul 27th, 2020
(Thomas Mak, Farzan Faizeen) From originally being viewed as an obstacle for gold mining due to its intractable nature, it is an understatement to say that the demand for platinum has grown. After World War II, platinum’s unique combination of intrinsic properties has been relied upon in a range of processes, namely in the healthcare industry with applications in cancer treatments but also … More Platinum – Commodity Analysis and Forecast
As Investors wait cautiously for more positive economic data and developments on the vaccine, realism has set into markets. A sideways market continues rather than a V shaped recovery anticipated by optimists. Although the fear that dominated the markets this spring has eased off, it is unlikely that it would be “all over by Christmas”. … More Weekly Market Briefing – Week Beginning 20/7/2020
（Michael Li, Olivia Pote) Closing Price: $113.39 Year Range: $32.33 – $ 118.78 Market Cap: $49.8180 Billion Rating: Buy – Long Term Upside Potential Square’s business model which shows efficient client recruiting, flat fees and internally developed software solutions allows for the firm to reach and retain micro merchants. In the first quarter of 2020, … More Square Inc (NYSE: SQ) Valuation Report – 5Th July 2020
(Swastik Gupta) Background: Since the late 1940s India and China have been involved in a series of disputes, clashes and stand-offs over border territory around the mountainous Himalayan areas. In the last few years (2013-) and especially the last couple of months this tension over territory has escalated resulting in frequent face-offs between the respective armies. There were several conflicts in May of this year when peace talks regarding the border broke down. The tension culminated in the fatal June 15th, 2020 clash at the Himalayan Galwan Valley, in … More China-India border clash and the wider impact on the CNY/INR
(Arnav Barry) Investors have been divided over the prospects for emerging market debt since the Covid-19 as many developing countries now face tough economic decisions about how to rebuild after months of lockdown. Government bonds in frontier markets now have a greater risk of default due to large debt burdens taken on by countries, but … More Filipino bonds have the best prospects amongst Asian emerging markets as governments consider QE to combat grim economic outlook
(Sonia Ruan Ye & Koushik Karthikeyan) The novel coronavirus tragedy has created fear and has a growing impact on the global economy. There is less trust in large banks after the 2008 financial crisis than before. Therefore, when a similar event takes place people change their behaviour and they do so by taking less risks. … More Should the Federal Reserve employ Yield Curve Control?
(Michael Li & Khalid Nazir) In recent weeks Tesla has overtaken Toyota as the largest automobiles company in terms of market capitalisation standing at $224.18 billion compared to Toyota’s $174.59 billion. This is an incredible feat considering Tesla didn’t exist prior to 2010 and has only been commercially operating for less than 10 years compared … More Tesla, Inc. (NASDAQ: TSLA) Equities Report- Jul 11th, 2020
(Michael Li – UCL , Olivia Pote, Michael Li -University of Bath) As the largest nuclear power plant owner in the United States, Exelon has suffered as low natural gas prices have slashed power prices since 2008. Recent developments which have caused cheap gas prices will remain an advantage for competing generators and pressure nuclear … More Exelon Corp (NASDAQ – EXC) Summary
(Matt Crooks & Aidan Miao) The diamond market has been around for centuries. Originally used as a symbol of power & status due to their natural hardness and high index of refraction, low supply and a high cost of production meant that diamonds were almost exclusively owned by monarchs. However, today the diamond market has … More Recovery of the Diamond Market- Commodity Analysis 22/6/2020
(Zeyan Wen & Aidan Miao) Covid-19 pandemic and its impact on oil prices As the pandemic started to spread in China in January and was at its worst in February, people stayed home, factories and airports were closed, domestic and international travels were cancelled altogether. As the world’s biggest importer of oil, China alone can … More Crude Oil – Commodity Analysis 10/6/2020