Articles List

Articles List

Grains: Prices To Consolidate, Then Move Higher

The S&PGS Grains Index will consolidate over the next few weeks before heading higher later in H215. Broader market turbulence stemming from Chinese equities and a potential 'Grexit' will keep all commodities temporarily anchored. However, we believe grain markets will continue to tighten leading into H215, and more positive speculative sentiment towards grains will combine to see prices eventually head higher than current levels in H215.

Gas Sector Set For Growth, Against Oil Sector Decline

Lower oil prices, pervasive security threats and fiscal and regulatory uncertainties will drive oil production into long-term decline. Gas production growth is set to be strong, driven by major supply additions offshore East Africa.

Rising Incomes & Consumer Confidence To Attract Beer Majors

Rising incomes and optimistic consumer sentiment in Myanmar will drive food and drink consumption over the next five years. Tremendous untapped consumer potential, combined with a successful wave of economic reforms, will see foreign investment picking up. The beer sector will be a strong beneficiary, as global brewers look for alternative drivers of growth and increasingly target frontier markets.

Recovery Strengthening Despite Greece

The Eurozone economic recovery is gathering steam, amidst low global oil prices and the impacts of European Central Bank (ECB) quantitative easing.

EU's EFSI: Infrastructure Finance Will Be a Struggle within Ambitious Timeframe

The EFSI will struggle to attract the private investment it needs by end 2017, given the lengthy time period needed to transform the European infrastructure market into one which will allow for the large-scale and efficient investment. Crucially, matching project and investor risk profiles, as well as freeing up investor capital will need to be addressed.

Key Telecoms Themes for Sub-Saharan Africa: H215 and Beyond

A wave of consolidation swept across SSA's telecoms markets in 2014 and H115, and we expect operators to focus on integrating their assets and laying down long term strategies during H215. As a result, several trends that will shape the development of the region's telecoms markets for the next two to three years will take shape over the next six months.

Illinois: Real Estate Sector Will Not Return to Pre-Crisis Levels

BMI View: Illinois' sluggish economy will prevent the state's real estate sector from returning to pre-crisis levels. Weak labour market dynamics, persistent resident outmigration, and poor household balance sheets will see the real estate sector continue to lag behind the recovery seen across the US.

Political and Economic Repercussions of China's Market Turmoil

We have long maintained that the bull-run in Chinese equities was entirely secular from the country's economic fundamentals, and for this reason the immediate economic fall-out following the extreme market volatility over recent weeks is likely to be contained. Meanwhile, social instability is also unlikely given that only a small proportion of household wealth has been invested in stocks. However, the government's aggressive intervention in the markets cannot be ignored, and recent events could stymie economic reform momentum while also eroding popular confidence in the government.

Sanctions Will Alter Competitive Landscape

Middle Eastern and Chinese construction companies will increase their market share in Russia's competitive landscape as a result of Western sanctions imposed after the country's actions surrounding the Ukraine crisis. Shifting the balance away from European firms will diversify Russia's options for funding and project delivery.

Oramed Enters Licensing Deal In China

Oramed Pharmaceuticals has signed a non-binding letter of intent for an investment and licence agreement in China with Sinopharm Capital Management and Hefei Life Science & Technology Park Investments and Development (Sinopharm/Hefei) potentially valued at USD50,000,000 plus royalty payments.

Pages