March 19, 2020/United Capital Report Executive Summary 2020 started off on a fresh note, as investors received a huge relief, from clarity regarding the prolonged BREXIT proceedings and a trade deal between the U.S. and China. As a result, major global financial markets soared, buoyed by a rather optimistic outlook […]
OPINION/EDITORIAL
The Oil Price Collapse Is Far From Over
March 17, 2020/OilPrice.com – The EIA projects that Brent will average $43 per barrel in 2020, down from $64 per barrel in 2019. That figure, from today’s standpoint, looks wildly optimistic. – That translates to inventory builds of 1 mb/d on average this year. Again, that number belies the […]
February 2020 CPI: Devaluation Fears Introduce Fresh Risks to Inflation
March 17, 2020/Cordros Report In line with our expectation, headline inflation rose by 7bps to 12.20% y/y (Cordros’ est.: 12.30% y/y) in February. We attribute the uptick to the unfavourable base from the corresponding period of last year. We recall that lower energy prices, especially in H1-19, had driven focal […]
