The eyes of the international business world are currently fixed on Vienna. At the OPEC headquarters in downtown Vienna, the oil cartel’s member states and its allies are currently haggling over production volumes, and thus the further development of oil prices, via video conference.
Against the background of the initial public offering of Saudi Aramco, the international energy agency predicts a robust demand for oil by 2025. Thereafter demand-dynamics will decline sharply due to increase in energy-efficient vehicles.
In the previous week crude oil prices have been the highest since 1991. How is the struggle for stable prices on the oil market going? First AM resource expert Alexander Weiss explains the current situation.
In 1988, MSCI Emerging Markets Index was launched and consisted of just 10 countries representing less than 1% of world market capitalization. Today the index consists of 24 countries representing 10% of world market capitalization. Read here about the changes expected until June 2020 to one of the most important global emerging markets equities index.
This week we held our monthly Investment Committee meeting. Although only little has changed with regard to the overall economic picture, we were having a few interesting discussions that we would now like to share with you.