Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting it wont be long before it hits 100 a barrel. Well, there are three main reasons. Firstly, theres now growing optimism about the speed at which the Global Economic will recover from the coronavirus pandemic. Secondly, geopoliti
Serious consequence in terms of the pricing of Country Garden debt but notjust for the company butjust for the sector in general and could create another round of market turbulence. Which we have seen already. I would say that the key thing here is chinas real estate problem is in the crux of other problems currently facing. We have seen rivals defaulting. How significant if Country Garden was to default . Country carden garden was to default . Country garden involves garden was to default . Country garden involves at garden was to default . Country garden involves at least garden was to default . Country garden involves at least 3000 l garden involves at least 3000 existing Housing Projects and a lot of them are in inaudible whereas for Country Garden, they have a lot more. On a brighter note, i would say that perhaps Country Garden seems to be less complicated in terms of structure than ever grand so there is a key risk to worry about but maybe there are also things like the structur
Consequence in terms of the pricing of Country Gardens debt. Notjust for the company debt. Not just for the company but for the debt. Notjust for the company but for the sector in general. It could create yet another market turbulence, which we have seen in the past few months already. Now, i would say the key thing here is chinas problem like many other problems. Inaudible. Speaking of china, the us Commerce Secretary has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserved a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. One of chinas main trading partners, australia, will be releasing its latest trade figures this week along with retail sales and growth figures. Also the monthly rate review by the Reserve Bank Of