Medium-term demand outlook bright, short-term very weak
28 Feb 2020 - Stephen O'SullivanThe medium-term outlook for China’s gas demand remains bright. Most observers – companies, governments, consultants - see gas as a replacement for carbon-intensive coal in China’s energy mix or, at worst, as a bridge.
#Stephen O'Sullivan #China gas #LNG #coronavirus #Sinopec
Three reasons markets were ignoring the coronavirus
14 Feb 2020 - Dario PerkinsThe contrast between the awful humanitarian crisis in China and the euphoria in global stock markets had been bordering on the surreal. Every night (London time) the Chinese authorities updated their count of the number.
#China #Dario Perkins #coronavirus #stock market
China focuses on increasing gas output in an era of trade wars
13 Feb 2020 - Stephen O'SullivanFaced with rising gas demand – albeit now rising at a slower pace - China has been seeking to boost domestic gas production to stem its growing dependency on imports. Given the ongoing trade war with the US, energy.
#Trade War #Stephen O'Sullivan #China gas #Gas market #LNG #Oil & Gas #PetroChina
Slowdown in Chinese gas demand growth linked to changing power
23 Jan 2020 - Stephen O'SullivanIt’s the money, honey China’s gas demand growth has risen steadily – and rapidly – in recent years. There was particularly strong growth in 2017 and 2018 as the government’s coal-to-gas switching programme drove demand.
#China #Stephen O'Sullivan #China gas #Coal #Gas market #LNG #PetroChina
The rules to being a sellside economist
21 Jan 2020 - Dario Perkins1) Economic forecasts: Forecasting GDP is basically a waste of time - no investor actually cares what this backward-looking gauge of the economy is doing. But getting it "right" is one of the few (though dubious) ways.
#Central Banks #Liquidity #GDP #Recession #Economy #Dario Perkins
The case of the disappearing euros
09 Jan 2020 - Constantine FraserWe’ve been saying for long time that a fiscal boost is necessary to rebalance the EA and to kickstart growth. At first glance, member states’ Draft Budgetary Plans (DBP) for 2020 suggest they’re starting to listen. But.
#ECB #Eurozone #Fiscal Policy #Constantine Fraser #Germany #Euro
Is the consensus wrong?
09 Jan 2020 - Dario PerkinsThis is the time of year when economists across the financial sector are busily marketing their chunky ‘year ahead’ volumes. There is an old joke that the savvy investor should take note of whatever consensus emerged.
#Central Banks #Inflation #Dario Perkins #2020 outlook
Credit Risk
20 Dec 2019 - Dario PerkinsBack in 2018, we warned about what we called the ‘Buy-side Bubble’. To the extent we could identify vulnerabilities in global markets, the clearest danger involved a powerful search for yield. Investors had naturally.
#Equities #Yield curve #Dario Perkins #Stimulus #bbb bulge #global economy #capital markets #buy side bubble
China’s new national pipeline company moves ahead
10 Dec 2019 - Stephen O'SullivanChina announced the formal creation of a state-owned enterprise to manage the country’s oil and gas pipelines. This is a reform that has been under discussion for some time and has long been rumoured to be imminent..
#Stephen O'Sullivan #China gas #Oil & Gas
Green shoots?
04 Dec 2019 - Dario PerkinsInvestor sentiment has shifted in recent weeks. This was certainly the message from the latest BoAML survey – which showed portfolio managers, distinctly less negative about the global economy, suddenly piling into.
#China #Dario Perkins #Stimulus #Growth #Reflation
