Electricity futures predict that high energy prices will continue into 2019, after a 2018 which closed as the second year with the highest average price in the electricity market since 1998, and foresee a rise in the “pool” for this year of around 8% compared to last year.
It seems natural to answer yes, but I have never completely believed it, despite the statistical forecasts which say it will. China is a giant economy with feet of mud. Looking at the evolution of the US towards its privileged position, China seems nothing like it.
The commercial tensions between the US and China and the signs of a slowdown in China will surely serve in 2019 to justify the return of volatility to markets and conceal an aspect which, for Intermoney, will again be really important at the beginning of 2019: the movements of sovereign funds.
We begin the year with a cheap PER at 12.2 times Ebitda profits. But everything will depend on whether the demanding estimations of forward BPA are met, according to experts at Alphavalue. Furthermore, the sectorial disasters in 2018 could be suitable opportunities for 2019.
2018 has been a turbulent year for the oil market. CaixabankResearch reflects on the recent trends in order to shed light on the key factors behind these sudden changes. This will help us to fine-tune the outlook for 2019.
On 3 Jan 2008, Satoshi Nakamoto set in motion his plan to create a new form of money that is independent of any government or bank. The evolution of bitcoin and blockchain over the last decade has been so remarkable that even Satoshi himself could not have imagined the impact of his work. Year 2018 has been a marathon year for cryptoassets, and despite current crypto bear market, Mati Greenspan, Senior Market Analyst at eToro believes it disguises some positive news for 2019.
via The Conversation | Brazil’s new president Jair Bolsonaro, who took power on Jan. 1, is often called the “Trump of the Tropics” for his law-and-order rhetoric, racist and sexist remarks, pro-business stances and outsider pledges to upend politics as usual.
Xu Xueming via Caixin | Private enterprises have recently faced liquidity problems, resulting from refinancing issues and the pledged-share crisis. For some of them, the reason lies in difficulties in their own operations. How do we solve the problems of private enterprises’ rising nonperforming loans, bond defaults and refinancing difficulties, and also manage the risk of forced sales of stocks pledged as collateral by controlling shareholders?
Iberdrola and the Japanese car maker are preparing a joint project to develop the chargers for electric cars, thanks to the intelligent networks infrastructure of the Basque electrical company. The final objective is that Iberdrola’s networks should support the charging for Nissan’s electric cars, for whom the “Nissan Leaf Zero Emission” is its main bid for an electrically powered saloon.
The European Central Bank yesterday named three temporary administrators, as well a three member vigilance commission, to take control of Italy´s 10th bank and replace its leadership, following the resignation of the majority of its board members. Even tough Pietro Modiano, one of the three temporary administrators declared that there was no merger on the horizon for the bank, they will likely try to find another bank in which they can integrate it.