The COVID-19 pandemic caused major disruptions to financial markets and the global economy from 2020 onward. This included stock market crashes as markets plunged in response to pandemic uncertainty. It also led to an oil price collapse as demand fell, high inflation as supply chains were disrupted, and a global chip shortage impacting many industries. The pandemic caused widespread business closures and job losses while increasing government debt levels.
The document provides an economic update from the Young Fabian Economy & Finance Network. It summarizes recent economic developments in the UK and risks facing the global economy. Business and consumer confidence had risen in the UK after the election but are expected to be impacted by Covid-19. Stock markets worldwide plunged due to the oil price war between Saudi Arabia and Russia exacerbating fears around Covid-19. Global supply chains have been disrupted and key industries like travel, automotive and electronics have been affected. Most major economies are expected to see reduced growth in 2020 due to the virus.
1) Global economic growth is slowing significantly in 2022 as downside risks materialize, including higher-than-expected inflation prompting tighter financial conditions, a sharp slowdown in China due to COVID lockdowns, and negative spillovers from the war in Ukraine.
2) Inflation has surged worldwide due to food and energy prices as well as lingering supply constraints, and it is expected to be 6.6% in advanced economies and 9.5% in emerging markets in 2022. Central banks are tightening monetary policy more aggressively in response.
3) China's economy contracted in Q2 due to lockdowns, adding to global supply chain disruptions, while the war in Ukraine continues to cause
ANALYSIS OF ALL SECTORS OF INDIAN ECONOMY.
An analysis of the consumer retail sector (including food and beverage, apparel and footwear, beauty), automotive, travel, and hospitality services.
The document compares the 2008 global financial crisis to the 2020 global crisis caused by the COVID-19 pandemic. It outlines the causes and effects of each crisis. The 2008 crisis was preceded by a real estate boom and easy credit access that led to risky lending practices. When housing prices fell, many loans defaulted causing widespread bankruptcies. The 2020 crisis was triggered by the global COVID-19 pandemic that shut down travel, tourism, and manufacturing industries worldwide and caused stock market crashes across the globe. Both crises led to high unemployment rates and slowed global trade and economic activity.
Covid 19 impact on internatinal finance market. BangladeshNiloy Saha
1) The COVID-19 pandemic has severely impacted global financial markets, causing significant losses as investors fear the virus will destroy economic growth.
2) Stock markets in Asia, Europe, the US, and Latin America have all plunged in response to the outbreak and imposition of widespread lockdowns.
3) The economic fallout from COVID-19 is expected to persist for many months or years, and analysts warn that further disruptions from containment measures could weaken the global economy further.
WORLD ECONOMIC OUTLOOK INTERNATIONAL MONETARY FUND UPDATEdynamo777
Global economic growth is projected to slow from 3.4% in 2022 to 2.9% in 2023 and then rise to 3.1% in 2024. Inflation is expected to fall globally from 8.8% in 2022 to 6.6% in 2023 and 4.3% in 2024, remaining above pre-pandemic levels. Monetary policy tightening is starting to cool demand and inflation but the full impact will not be seen until 2024. Downside risks remain from further escalation of the war in Ukraine, debt distress, and financial market repricing in response to inflation news.
Impact of coronavirus_on_international_trade_and_environmentAizen Consulting
The coronavirus pandemic has significantly impacted international trade and the environment. International trade has declined as Chinese manufacturing output fell by 13.5% in the first two months of 2020 due to lockdowns. This has disrupted global supply chains and caused shortages. International travel restrictions and declining economic activity have also reduced greenhouse gas emissions and air pollution, improving air quality. However, increased packaging waste from changes in consumer behavior has negatively impacted the environment.
The document provides an economic update from the Young Fabian Economy & Finance Network. It summarizes recent economic developments in the UK and risks facing the global economy. Business and consumer confidence had risen in the UK after the election but are expected to be impacted by Covid-19. Stock markets worldwide plunged due to the oil price war between Saudi Arabia and Russia exacerbating fears around Covid-19. Global supply chains have been disrupted and key industries like travel, automotive and electronics have been affected. Most major economies are expected to see reduced growth in 2020 due to the virus.
1) Global economic growth is slowing significantly in 2022 as downside risks materialize, including higher-than-expected inflation prompting tighter financial conditions, a sharp slowdown in China due to COVID lockdowns, and negative spillovers from the war in Ukraine.
2) Inflation has surged worldwide due to food and energy prices as well as lingering supply constraints, and it is expected to be 6.6% in advanced economies and 9.5% in emerging markets in 2022. Central banks are tightening monetary policy more aggressively in response.
3) China's economy contracted in Q2 due to lockdowns, adding to global supply chain disruptions, while the war in Ukraine continues to cause
ANALYSIS OF ALL SECTORS OF INDIAN ECONOMY.
An analysis of the consumer retail sector (including food and beverage, apparel and footwear, beauty), automotive, travel, and hospitality services.
The document compares the 2008 global financial crisis to the 2020 global crisis caused by the COVID-19 pandemic. It outlines the causes and effects of each crisis. The 2008 crisis was preceded by a real estate boom and easy credit access that led to risky lending practices. When housing prices fell, many loans defaulted causing widespread bankruptcies. The 2020 crisis was triggered by the global COVID-19 pandemic that shut down travel, tourism, and manufacturing industries worldwide and caused stock market crashes across the globe. Both crises led to high unemployment rates and slowed global trade and economic activity.
Covid 19 impact on internatinal finance market. BangladeshNiloy Saha
1) The COVID-19 pandemic has severely impacted global financial markets, causing significant losses as investors fear the virus will destroy economic growth.
2) Stock markets in Asia, Europe, the US, and Latin America have all plunged in response to the outbreak and imposition of widespread lockdowns.
3) The economic fallout from COVID-19 is expected to persist for many months or years, and analysts warn that further disruptions from containment measures could weaken the global economy further.
WORLD ECONOMIC OUTLOOK INTERNATIONAL MONETARY FUND UPDATEdynamo777
Global economic growth is projected to slow from 3.4% in 2022 to 2.9% in 2023 and then rise to 3.1% in 2024. Inflation is expected to fall globally from 8.8% in 2022 to 6.6% in 2023 and 4.3% in 2024, remaining above pre-pandemic levels. Monetary policy tightening is starting to cool demand and inflation but the full impact will not be seen until 2024. Downside risks remain from further escalation of the war in Ukraine, debt distress, and financial market repricing in response to inflation news.
Impact of coronavirus_on_international_trade_and_environmentAizen Consulting
The coronavirus pandemic has significantly impacted international trade and the environment. International trade has declined as Chinese manufacturing output fell by 13.5% in the first two months of 2020 due to lockdowns. This has disrupted global supply chains and caused shortages. International travel restrictions and declining economic activity have also reduced greenhouse gas emissions and air pollution, improving air quality. However, increased packaging waste from changes in consumer behavior has negatively impacted the environment.
EY Price Point: global oil and gas market outlookEY
As the last quarter of the second pandemic year draws to a close, we continue to see heightened contrast
between the medical and economic points of view. While COVID-19 cases are close to their all-time highs, so
are equity prices, and a leading investment bank declared (on 2 December, 2021 after the Omicron outbreak in South Africa) that it was “optimistic about the possibility of a vibrant 2022.” When news of the variant hit in
late November, the markets were rocked by the prospect of yet another round of local mobility restrictions and
an interrupted return to normal international travel patterns, on top of the Biden Administration’s announced
release of 50 million barrels of crude from the US Strategic Petroleum Reserve. So far though, with OPEC
standing by its planned gradual return to normal production, oil prices have stabilized, albeit below where they
were in mid-November. Henry Hub prices, always at the mercy of the weather, responded predictably to a
warmer-than-normal early winter in the US, falling from US$6.60/MMBtu in early October to below
US$4.00/MMBtu by mid-December. In Europe and Asia, following a short reprieve at the start of the quarter,
piped natural gas prices have spiked again on concerns triggered by Russian troop buildups on the Ukraine
border and uncertainties surrounding the Nordstream 2 pipeline. Looking forward, OPEC and the U.S. Energy
Information Administration (EIA) in their last forecasts of the year both projected that 2022 oil demand would
be above what we saw in 2019. Although time will tell if those forecasts are realized and other events could
intervene, the response to new virus outbreaks is well-practiced and the trade-off between public health and
economic reality has tipped toward a cautiously optimistic view.
The theme for this quarter is momentum meets uncertainty. The upward trend in crude oil, natural gas, LNG and refined product prices that began in Q1 continued into Q2. Crude oil markets began the quarter just below $100/bbl and have closed below that level on only two days since late April. As we begin Q3, there are increasing concerns about the health of the global economy and how that might affect oil and gas demand.
Value Interrupted - Will the Real Estate Market Weather the PandemicTim Wilmath
This document discusses how the COVID-19 pandemic disrupted the real estate market globally. It describes how various economic indicators like GDP, stock markets, and hotel occupancy dropped sharply in early 2020 due to lockdowns and business closures. Transaction data for hotels showed prices plummeted. Retail and restaurants were hit hard by closures and the rise of online shopping. However, the residential market remained strong with rising home prices. By late 2020, some markets began recovering as restrictions eased and stimulus took effect, but long term impacts on sectors like office and retail remained uncertain.
One of the most burning issues that have dominated the public sphere in Nigeria and other oil exporting countries is the covid-19 pandemic and its attendant challenges. This pandemic is a shock on real economic fundamentals and frictionless of the market. It introduces a barrier between the market forces with strong complementary feedbacks in the real economy. The absence of precise vaccine or medication for the virus has necessitated the adoption of several precautionary measures with the aim of containing its wide spread. Critical among which are the travel restrictions, lockdown measures as well as social and physical distancing. These measures have detrimental effect on the demand and price of oil in the international market. In view of that, this study evaluates the social and economic impact of covid-19 in Nigeria taking into cognisance the effect on certain critical macroeconomic indicators. The study adopted an analytical approach to supplement the much ongoing documentations on the subject matter. Result shows that virtually all essential macroeconomic indicators are grossly affected with tax, remittances and employment exhibiting severe consequences. Also, uncertainty, panics and lockdown measures are key to motivating higher decrease in world demand. The supply disruptions and huge death toll generates a heightened uncertainty and panic for household and business. This uncertainty and panic leads to drop in consumption and investment thereby causing a decrease in corporate cash flows and triggered firm’s bankruptcy. Also, lay-off and exiting firms produce higher unemployment while labour income decreased significantly. Since it entails a large amount of government expenditure especially in the health sector which is required to contain the spread of the virus, there is needs for government to diversify its revenue sources and thus drop over dependency on the oil remittance. Furthermore, there is a need to support the financial system to avoid the health crisis becoming a financial crisis in the long-run.
Mercer Capital's Value Focus: Energy Industry | Q1 2020 | Region Focus: Eagle...Mercer Capital
Mercer Capital's Energy Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
The document discusses the global economic outlook for 2023. Key points:
- Global economic growth is expected to continue decelerating in 2023 as major economies face negative factors like high inflation, slowing demand, and geopolitical tensions.
- Central banks will have to walk a fine line to cool inflation without triggering a recession by engineering a soft landing for the global economy.
- There are significant downside risks, with all large economies facing hurdles like high energy prices in Europe, interest rate sensitivity in the US, pandemic policies weighing on China, and slowing external demand pressuring Japan and emerging markets.
EY Price Point: global oil and gas market outlook (Q4, October 2020)EY
Oil and gas prices have recovered steadily from their lows and are relatively stable, but that stability is supported by the combination of purposeful withholding of production by oil-producing countries and economic stress on upstream independents. Oil prices closed the quarter roughly where they started it, while refining spreads were down slightly. LNG spreads were substantially higher at the end of Q3 than they were at the beginning of the quarter but are still roughly half of what is generally thought of as sustainable.
Going forward, the market will be looking closely at how the economy and demand respond to new developments with respect to a potential COVID-19 vaccine and the US election.
The 2007-2008 global financial crisis resulted from the collapse of the US housing bubble and loose lending practices, especially subprime mortgages. Housing prices rose sharply in the early 2000s due to low interest rates and high demand. When borrowers began defaulting in large numbers in 2006-2007 due to adjustable rate mortgages, banks and financial institutions that were invested in mortgage-backed securities suffered huge losses. This led to a liquidity crisis and credit crunch. The crisis had severe economic impacts, including stock market declines, high unemployment, and recession in the US and Europe.
EY Price Point: global oil and gas market outlookEY
As we close the second quarter of 2020, in most of Europe and Asia, the first (and hopefully last) wave of the COVID-19 crisis appears to be abating. In the parts of the US where the virus hit early, the profile has largely matched Europe’s, while in other parts, the urge to reopen businesses has trumped the desire to contain the virus and uncertainty looms. In the developing world, the crisis has just begun, but without the economic headroom and resources necessary to contain it. As the crisis unfolded, the effect on oil and gas demand has been predictable but difficult to gauge precisely and therefore difficult to manage.
Oil prices have crept up steadily as production has been curtailed through coordinated action (OPEC+) and because of economic reality (unconventional oil in North America). That trend has been subject to momentary spasms when bad news hit the market. It would be understandable if traders were nervous, and it seems that they are. Although nowhere near where it was at the peak of the crisis, option implied volatility is still at historically high levels. Gas markets, without the benefit of coordination on the supply side, continue to deal with the market implications of storage at or near capacity. Interfuel competition in power generation has always provided something of a floor, but those lows have been, and will continue to be, tested.
Ivo Pezzuto - "World Economy. Resilience or Great Reset" Dr. Ivo Pezzuto
The document discusses the economic impacts of the COVID-19 pandemic. It notes that while the pandemic will certainly leave lasting scars, it may also catalyze transformations like increased digitalization. The pandemic caused a historic contraction in the global economy as lockdowns halted activity. This has hit many companies and economies hard. There is uncertainty around how long the pandemic and its effects will last. The response from governments, central banks, and international organizations has involved massive stimulus measures to support public health and economic recovery. However, high global debt levels and risks to vulnerable emerging economies are major concerns going forward.
Risk and Compliance – Lessons learned and looking beyond the COVID-19 EraCTRM Center
While it is commonly believed that the pandemic was a black swan event, according to most risk experts it wasn’t. As they point out, the COVID Pandemic was an event that was foreseeable in its occurrence, though perhaps not in its timing. Despite being (thankfully) rare, these types of events do occur and bring with them an increased awareness of the importance of proper and holistic risk management practices, not only as it applies to external risks (as the pandemic was), but also commercial and internal risks as well.
The document provides an overview of global and Indian markets and economic indicators in 2022. It discusses that 2022 was a volatile year due to factors like the Russia-Ukraine war, rising inflation, and interest rate hikes. In India, while sectors like IT and pharma struggled, others like banking and metals performed well. The Indian economy remained resilient with GDP growth of 9.7% in the first half of 2022-23, though inflation peaked at 7.79% in April. The rupee depreciated over 10% against the dollar while forex reserves declined. Manufacturing PMI showed continued expansion and exports grew 17.72% in April-November despite a global slowdown.
The document discusses the 2008 global financial crisis, which originated from the subprime mortgage crisis in the United States. It spread globally, impacting economies worldwide through reduced trade and economic growth. Key effects included a recession in the US and Europe, bailouts of major financial institutions, the collapse of Lehman Brothers, and slowed growth in both developed and developing countries due to contraction of credit and international demand.
Financial crisis and Its Effects on Security Markets.pptxBharatRachuri1
The document discusses various financial crises throughout history including their causes and effects. It provides details on the Great Depression of the 1920s, the OPEC oil crisis of the 1970s, the dot-com bubble of 2000, and the 2008 global financial crisis. It notes that the Great Depression resulted in a 25% unemployment rate in the US and an 80% drop in stock market values. The OPEC crisis quadrupled oil prices between 1973-1974. The document also outlines signs of financial bubbles like rising unemployment and inflation, declining housing sales, and sustained stock market losses.
The theme for this quarter is apprehension. In September, the US Federal Reserve announced a third 75 basis point increase in the federal funds rate. In the aftermath, the two-year treasury rate reached the highest level since before the 2008 financial crisis and the spread between two and ten-year rates went below negative 50basis points for the first time since the early eighties. Equity markets have begun to price in the likelihood of a recession and, if history is any indication, the impact on oil markets could be profound.
Retailing during Covid-19: Weathering the storm - European Business ReviewAntonis Zairis
The document summarizes the impact of COVID-19 on the global retail sector. It found that the impact was heterogeneous, with essential retailers experiencing increased demand but difficulties, while non-essential retailers like apparel stores struggled due to closures. Online retail saw major growth as social distancing accelerated the shift to e-commerce. Overall, global retail sales dropped in 2020 but are forecast to increase by 2022 as economies recover. The luxury goods sector was particularly hard hit due to its reliance on international tourism but major brands were able to rebound in the second half of 2020 and 2021. The European retail sector followed similar trends as the global market.
The document discusses the economic impact of the COVID-19 pandemic. It led to stock market declines, rising unemployment affecting tens of millions of people worldwide, and the risk of a global recession in 2020 according to the IMF. Various sectors were impacted, including automotive, energy, food and agriculture, and retail. Government responses included stimulus packages, tax relief, loan guarantees, and wage subsidies to support economies.
Commencis Covid-19 Playbook for Financial Services Aslı Yerci Eren
Download link for full report: https://lnkd.in/gp6xqYg
The novel coronavirus, COVID-19 has turned into a global crisis, evolving at an unprecedented speed and scale. As governments take immediate actions to cope with the outbreak, businesses are rapidly adapting to the changing needs of people, consumers and suppliers while also trying to overcome the financial and operational challenges.
As the pandemic continues, more and more industries are feeling the strain. The financial industry is certainly one of them. Whilst, the current situation is challenging for the industry, we believe that if well-handled it can also bring opportunities for innovation and long-term customer loyalty. The crisis has already revealed us that, now, more than ever, the industry must invest in digital and key critical capabilities to thrive in a post-COVID-19 world.
COVID-19 Playbook for Financial Services includes the implications of COVID-19 on financial industry, and recommendations on how banks can enhance their capabilities to survive during these rough times.
Main topics covered in this playbook are as below:
1 The impact of COVID-19 - Global Overview
2 How Banks Should Face the Crisis: COVID-19 Playbook
3 How to Invest in Digital Capabilities: Digital Roadmap
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Similar to Covid19 pandemic & the connectedness across financial market.pptx
EY Price Point: global oil and gas market outlookEY
As the last quarter of the second pandemic year draws to a close, we continue to see heightened contrast
between the medical and economic points of view. While COVID-19 cases are close to their all-time highs, so
are equity prices, and a leading investment bank declared (on 2 December, 2021 after the Omicron outbreak in South Africa) that it was “optimistic about the possibility of a vibrant 2022.” When news of the variant hit in
late November, the markets were rocked by the prospect of yet another round of local mobility restrictions and
an interrupted return to normal international travel patterns, on top of the Biden Administration’s announced
release of 50 million barrels of crude from the US Strategic Petroleum Reserve. So far though, with OPEC
standing by its planned gradual return to normal production, oil prices have stabilized, albeit below where they
were in mid-November. Henry Hub prices, always at the mercy of the weather, responded predictably to a
warmer-than-normal early winter in the US, falling from US$6.60/MMBtu in early October to below
US$4.00/MMBtu by mid-December. In Europe and Asia, following a short reprieve at the start of the quarter,
piped natural gas prices have spiked again on concerns triggered by Russian troop buildups on the Ukraine
border and uncertainties surrounding the Nordstream 2 pipeline. Looking forward, OPEC and the U.S. Energy
Information Administration (EIA) in their last forecasts of the year both projected that 2022 oil demand would
be above what we saw in 2019. Although time will tell if those forecasts are realized and other events could
intervene, the response to new virus outbreaks is well-practiced and the trade-off between public health and
economic reality has tipped toward a cautiously optimistic view.
The theme for this quarter is momentum meets uncertainty. The upward trend in crude oil, natural gas, LNG and refined product prices that began in Q1 continued into Q2. Crude oil markets began the quarter just below $100/bbl and have closed below that level on only two days since late April. As we begin Q3, there are increasing concerns about the health of the global economy and how that might affect oil and gas demand.
Value Interrupted - Will the Real Estate Market Weather the PandemicTim Wilmath
This document discusses how the COVID-19 pandemic disrupted the real estate market globally. It describes how various economic indicators like GDP, stock markets, and hotel occupancy dropped sharply in early 2020 due to lockdowns and business closures. Transaction data for hotels showed prices plummeted. Retail and restaurants were hit hard by closures and the rise of online shopping. However, the residential market remained strong with rising home prices. By late 2020, some markets began recovering as restrictions eased and stimulus took effect, but long term impacts on sectors like office and retail remained uncertain.
One of the most burning issues that have dominated the public sphere in Nigeria and other oil exporting countries is the covid-19 pandemic and its attendant challenges. This pandemic is a shock on real economic fundamentals and frictionless of the market. It introduces a barrier between the market forces with strong complementary feedbacks in the real economy. The absence of precise vaccine or medication for the virus has necessitated the adoption of several precautionary measures with the aim of containing its wide spread. Critical among which are the travel restrictions, lockdown measures as well as social and physical distancing. These measures have detrimental effect on the demand and price of oil in the international market. In view of that, this study evaluates the social and economic impact of covid-19 in Nigeria taking into cognisance the effect on certain critical macroeconomic indicators. The study adopted an analytical approach to supplement the much ongoing documentations on the subject matter. Result shows that virtually all essential macroeconomic indicators are grossly affected with tax, remittances and employment exhibiting severe consequences. Also, uncertainty, panics and lockdown measures are key to motivating higher decrease in world demand. The supply disruptions and huge death toll generates a heightened uncertainty and panic for household and business. This uncertainty and panic leads to drop in consumption and investment thereby causing a decrease in corporate cash flows and triggered firm’s bankruptcy. Also, lay-off and exiting firms produce higher unemployment while labour income decreased significantly. Since it entails a large amount of government expenditure especially in the health sector which is required to contain the spread of the virus, there is needs for government to diversify its revenue sources and thus drop over dependency on the oil remittance. Furthermore, there is a need to support the financial system to avoid the health crisis becoming a financial crisis in the long-run.
Mercer Capital's Value Focus: Energy Industry | Q1 2020 | Region Focus: Eagle...Mercer Capital
Mercer Capital's Energy Industry newsletter provides perspective on valuation issues. Each newsletter also typically includes macroeconomic trends, industry trends, and guideline public company metrics.
The document discusses the global economic outlook for 2023. Key points:
- Global economic growth is expected to continue decelerating in 2023 as major economies face negative factors like high inflation, slowing demand, and geopolitical tensions.
- Central banks will have to walk a fine line to cool inflation without triggering a recession by engineering a soft landing for the global economy.
- There are significant downside risks, with all large economies facing hurdles like high energy prices in Europe, interest rate sensitivity in the US, pandemic policies weighing on China, and slowing external demand pressuring Japan and emerging markets.
EY Price Point: global oil and gas market outlook (Q4, October 2020)EY
Oil and gas prices have recovered steadily from their lows and are relatively stable, but that stability is supported by the combination of purposeful withholding of production by oil-producing countries and economic stress on upstream independents. Oil prices closed the quarter roughly where they started it, while refining spreads were down slightly. LNG spreads were substantially higher at the end of Q3 than they were at the beginning of the quarter but are still roughly half of what is generally thought of as sustainable.
Going forward, the market will be looking closely at how the economy and demand respond to new developments with respect to a potential COVID-19 vaccine and the US election.
The 2007-2008 global financial crisis resulted from the collapse of the US housing bubble and loose lending practices, especially subprime mortgages. Housing prices rose sharply in the early 2000s due to low interest rates and high demand. When borrowers began defaulting in large numbers in 2006-2007 due to adjustable rate mortgages, banks and financial institutions that were invested in mortgage-backed securities suffered huge losses. This led to a liquidity crisis and credit crunch. The crisis had severe economic impacts, including stock market declines, high unemployment, and recession in the US and Europe.
EY Price Point: global oil and gas market outlookEY
As we close the second quarter of 2020, in most of Europe and Asia, the first (and hopefully last) wave of the COVID-19 crisis appears to be abating. In the parts of the US where the virus hit early, the profile has largely matched Europe’s, while in other parts, the urge to reopen businesses has trumped the desire to contain the virus and uncertainty looms. In the developing world, the crisis has just begun, but without the economic headroom and resources necessary to contain it. As the crisis unfolded, the effect on oil and gas demand has been predictable but difficult to gauge precisely and therefore difficult to manage.
Oil prices have crept up steadily as production has been curtailed through coordinated action (OPEC+) and because of economic reality (unconventional oil in North America). That trend has been subject to momentary spasms when bad news hit the market. It would be understandable if traders were nervous, and it seems that they are. Although nowhere near where it was at the peak of the crisis, option implied volatility is still at historically high levels. Gas markets, without the benefit of coordination on the supply side, continue to deal with the market implications of storage at or near capacity. Interfuel competition in power generation has always provided something of a floor, but those lows have been, and will continue to be, tested.
Ivo Pezzuto - "World Economy. Resilience or Great Reset" Dr. Ivo Pezzuto
The document discusses the economic impacts of the COVID-19 pandemic. It notes that while the pandemic will certainly leave lasting scars, it may also catalyze transformations like increased digitalization. The pandemic caused a historic contraction in the global economy as lockdowns halted activity. This has hit many companies and economies hard. There is uncertainty around how long the pandemic and its effects will last. The response from governments, central banks, and international organizations has involved massive stimulus measures to support public health and economic recovery. However, high global debt levels and risks to vulnerable emerging economies are major concerns going forward.
Risk and Compliance – Lessons learned and looking beyond the COVID-19 EraCTRM Center
While it is commonly believed that the pandemic was a black swan event, according to most risk experts it wasn’t. As they point out, the COVID Pandemic was an event that was foreseeable in its occurrence, though perhaps not in its timing. Despite being (thankfully) rare, these types of events do occur and bring with them an increased awareness of the importance of proper and holistic risk management practices, not only as it applies to external risks (as the pandemic was), but also commercial and internal risks as well.
The document provides an overview of global and Indian markets and economic indicators in 2022. It discusses that 2022 was a volatile year due to factors like the Russia-Ukraine war, rising inflation, and interest rate hikes. In India, while sectors like IT and pharma struggled, others like banking and metals performed well. The Indian economy remained resilient with GDP growth of 9.7% in the first half of 2022-23, though inflation peaked at 7.79% in April. The rupee depreciated over 10% against the dollar while forex reserves declined. Manufacturing PMI showed continued expansion and exports grew 17.72% in April-November despite a global slowdown.
The document discusses the 2008 global financial crisis, which originated from the subprime mortgage crisis in the United States. It spread globally, impacting economies worldwide through reduced trade and economic growth. Key effects included a recession in the US and Europe, bailouts of major financial institutions, the collapse of Lehman Brothers, and slowed growth in both developed and developing countries due to contraction of credit and international demand.
Financial crisis and Its Effects on Security Markets.pptxBharatRachuri1
The document discusses various financial crises throughout history including their causes and effects. It provides details on the Great Depression of the 1920s, the OPEC oil crisis of the 1970s, the dot-com bubble of 2000, and the 2008 global financial crisis. It notes that the Great Depression resulted in a 25% unemployment rate in the US and an 80% drop in stock market values. The OPEC crisis quadrupled oil prices between 1973-1974. The document also outlines signs of financial bubbles like rising unemployment and inflation, declining housing sales, and sustained stock market losses.
The theme for this quarter is apprehension. In September, the US Federal Reserve announced a third 75 basis point increase in the federal funds rate. In the aftermath, the two-year treasury rate reached the highest level since before the 2008 financial crisis and the spread between two and ten-year rates went below negative 50basis points for the first time since the early eighties. Equity markets have begun to price in the likelihood of a recession and, if history is any indication, the impact on oil markets could be profound.
Retailing during Covid-19: Weathering the storm - European Business ReviewAntonis Zairis
The document summarizes the impact of COVID-19 on the global retail sector. It found that the impact was heterogeneous, with essential retailers experiencing increased demand but difficulties, while non-essential retailers like apparel stores struggled due to closures. Online retail saw major growth as social distancing accelerated the shift to e-commerce. Overall, global retail sales dropped in 2020 but are forecast to increase by 2022 as economies recover. The luxury goods sector was particularly hard hit due to its reliance on international tourism but major brands were able to rebound in the second half of 2020 and 2021. The European retail sector followed similar trends as the global market.
The document discusses the economic impact of the COVID-19 pandemic. It led to stock market declines, rising unemployment affecting tens of millions of people worldwide, and the risk of a global recession in 2020 according to the IMF. Various sectors were impacted, including automotive, energy, food and agriculture, and retail. Government responses included stimulus packages, tax relief, loan guarantees, and wage subsidies to support economies.
Commencis Covid-19 Playbook for Financial Services Aslı Yerci Eren
Download link for full report: https://lnkd.in/gp6xqYg
The novel coronavirus, COVID-19 has turned into a global crisis, evolving at an unprecedented speed and scale. As governments take immediate actions to cope with the outbreak, businesses are rapidly adapting to the changing needs of people, consumers and suppliers while also trying to overcome the financial and operational challenges.
As the pandemic continues, more and more industries are feeling the strain. The financial industry is certainly one of them. Whilst, the current situation is challenging for the industry, we believe that if well-handled it can also bring opportunities for innovation and long-term customer loyalty. The crisis has already revealed us that, now, more than ever, the industry must invest in digital and key critical capabilities to thrive in a post-COVID-19 world.
COVID-19 Playbook for Financial Services includes the implications of COVID-19 on financial industry, and recommendations on how banks can enhance their capabilities to survive during these rough times.
Main topics covered in this playbook are as below:
1 The impact of COVID-19 - Global Overview
2 How Banks Should Face the Crisis: COVID-19 Playbook
3 How to Invest in Digital Capabilities: Digital Roadmap
Similar to Covid19 pandemic & the connectedness across financial market.pptx (20)
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
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Understanding User Needs and Satisfying ThemAggregage
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We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
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• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
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Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
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Covid19 pandemic & the connectedness across financial market.pptx
1.
2. The COVID-19 pandemic, also known as the coronavirus
pandemic, is an ongoing global pandemic of coronavirus
disease 2019 (COVID-19) caused by severe acute respiratory
syndrome coronavirus 2 (SARS-CoV-2). The virus was first
identified in December 2019 in Wuhan, China.
WHO declared Covid-19 as global pandemic on march 11,
2020 after the three days of first case identified in Bangladesh.
3. Financial Markets include any place or system that provides
buyers and sellers the means to trade financial
instruments, including bonds, equities, the various
international currencies, and derivatives.
Financial markets facilitate the interaction between those who
need capital with those who have capital to invest.
4. Covid-19 recession
2020 Stock Market Crash
Bond and debt markets
Collapse of Crude oil price
Russia-Saudi Arab Oil Price war
2021-2022 Global Supply chain crisis
2021-2022 Inflation Surge
Price gouging
2020-present global chip shortage
5. Financial risk and country risk
Panic buying
Business closures
6. Cause •COVID-19 pandemic–induced market
instability and lockdown
Outcome •2020 stock market crash
•Sharp rise in unemployment
•Collapse of the tourism industry
•Collapse of the hospitality industry
•Collapse of the price of oil
•Collapse of small businesses
•Destabilization and collapse of the energy
industry
•Increase in government debt
•Increase in economic inequality
between rich and poor
•Major downturn in consumer activity
•Market liquidity crisis
•Protests, riots and civil unrest
•Trade Disruption & Shortages
•Increased Inflation
7. Movement of the Dow Jones Industrial Average (DJIA) between January 2017 and
December 2020, showing the pre-crash high on 12 February, and the subsequent crash
during the COVID-19 pandemic and recovery to new highs to close 2020.
Date 20 February 2020
Type •Bear market
•Stock market crash
Cause •COVID-19 pandemic–induced market
instability
•Recession fears
•Market liquidity crisis
Outcome •Stock market instability
•COVID-19 recession
8. On Monday, 24 February 2020, the Dow Jones Industrial Average and FTSE
100 dropped more than 3% as the coronavirus outbreak spread worsened
substantially outside of China over the weekend. This follows
benchmark indices falling sharply in continental Europe after steep declines across
Asia.
On 27 February, due to mounting worries about the coronavirus outbreak, various
U.S. stock market indices including the NASDAQ-100, the S&P 500 Index, and
the Dow Jones Industrial Average posted their sharpest falls since 2008, with
the Dow falling 1,191 points, its largest one-day drop since the 2008 financial
crisis.
On the morning of 9 March, the S&P 500 fell 7% in four minutes after the
exchange opened, triggering a circuit breaker for the first time since the financial
crisis of 2007–08 and halting trading for 15 minutes. At the end of trading, stock
markets worldwide saw massive declines (with the STOXX Europe 600 falling to
more than 20% below its peak earlier in the year), with the Dow Jones Industrial
Average eclipsing the previous one-day decline record on 27 February by falling
2,014 points (or 7.8%).The yield on 10-year and 30-year U.S. Treasury securities
hit new record lows, with the 30-year securities falling below 1% for the first time
in history
9. Prior to the coronavirus pandemic, a massive amount of borrowing by
firms with ratings just above "junk", coupled with the growth of leveraged
loans, which are made to companies with significant amount of debt,
created a vulnerability in the financial system. The collapse of
this corporate debt bubble would potentially endanger the solvency of
firms, potentially worsening the next recession
During the 2020 stock market crash that began the week of 9 March, bond
prices unexpectedly moved in the same direction as stock prices. Bonds are
generally considered safer than stocks, so confident investors will sell
bonds to buy stocks and cautious investors will sell stocks to buy bonds.
Along with the unexpected movement of bonds in concert with stocks,
bond desks reported that it had become difficult to trade many different
types of bonds, including municipal bonds, corporate bonds, and even
U.S. Treasury bonds
10. The COVID-19 pandemic and related confinement measures
caused an unprecedented contraction in economic activity and
a collapse in demand for oil and oil products. The result is one
of the biggest price shocks the energy market experienced
since the first oil shock of 1973.
Oil prices dipped below US$20 (Brent Crude) a barrel, losing
nearly 70% in value, with storage capacity approaching its
limits (Oil Price).
The reduction in the demand for travel and the lack of factory
activity due to the outbreak significantly impacted demand for
oil, causing its price to fall. In mid-February, the International
Energy Agency forecasted that oil demand growth in 2020
would be the smallest since 2011
11. Movement of WTI price from 2019. The crash started in mid-February 2020. On 20
April 2020, prices dropped below zero for the first time in history
12. On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia,
facilitating a 65% quarterly fall in the price of oil. In the first few weeks of
March, US oil prices fell by 34%, crude oil fell by 26%, and Brent oil fell
by 24%.The price war was triggered by a break-up in dialogue between
the Organization of the Petroleum Exporting Countries (OPEC) and Russia
over proposed oil-production cuts in the midst of the COVID-19
pandemic. Russia walked out of the agreement, leading to the fall of
the OPEC+ alliance. Oil prices had already fallen 30% since the start of the
year due to a drop in demand.The price war is one of the major causes and
effects of the ensuing global stock-market crash.
In early April 2020 and again in June 2020, Saudi Arabia and Russia
agreed to oil production cuts. The price of oil became negative on 20 April.
Oil production can be slowed, but not stopped completely, and even the
lowest possible production level resulted in greater supply than demand;
those holding oil futures became willing to pay to offload contracts for oil
they expected to be unable to store
13. In 2021, as a consequence of the COVID-19 pandemic,
global supply chains and shipments slowed, causing
worldwide shortages and affecting consumer patterns. Causes
of the economic slowdown include workers becoming sick
with COVID-19 as well as mandates and restrictions affecting
the availability of staff. In cargo shipping goods remain at port
- again due to staffing shortages.
The related global chip shortage has continued to affect the
supply chain crisis specifically as it relates to the automobile
and electronics sector. During the Christmas and holiday
season of 2021, an increased amount of economic spending in
North America combined with the spread of the Omicron
variant of COVID-19 further exacerbated the already backed
up supply.
14. The 2021–2022 inflation surge is the higher-than-
average economic inflation throughout much of the
world that began in early 2021. It has been attributed to
the 2021 global supply chain crisis caused by
the COVID-19 pandemic, and unexpected demands for
certain goods. As a result, many countries have seen
their highest rates of inflation in decades.
15. Price gouging occurs when a seller increases the prices
of goods, services, or commodities to a level much
higher than is considered reasonable or fair. Usually,
this event occurs after a demand or supply shock.
Price gouging became highly prevalent in news media
in the wake of the COVID-19 pandemic, when state
price gouging regulations went into effect due to the
national emergency. The rise in public discourse was
associated with increased shortages related to the
COVID-19 pandemic.
16. The 2020–present global chip shortage is a ongoing
global crisis in which the demand for integrated
circuits (commonly known as semiconductor chips)
exceeds the supply, affecting more than 169 industries.
The crisis has led to major price increases, shortages
queues and scalping among consumers for automobiles,
graphics cards, video game consoles, computers, and
other products that require semiconductors.
Commonly cited causes for the shortage include
the COVID-19 pandemic, the China–United States
trade war, and various severe weather incidents.
17. As coronavirus put Europe and the United States in virtual lockdown,
financial economists, credit rating and country risk experts have
scrambled to rearrange their assessments in light of the unprecedented
geo-economic challenges posed by the crisis. M. Nicolas Firzli, a
director of the World Pensions Council (WPC) and advisory board
member at the World Bank Global Infrastructure Facility, refers to it as
"the greater financial crisis", and says it is bringing to the surface many
pent-up financial and geopolitical dysfunctions.
The OECD points out that businesses in many countries have become
highly indebted, while the very low cost of borrowing and
accommodative monetary policy has contributed to unprecedented
corporate debt issuance.
Consequently, the corporate debt stands at very high levels in
many G20 countries. Also, lower-rated credit issued in the form of
BBB bonds, non-investment grade bonds, and leveraged loans has risen
to elevated levels, the OECD warns, meaning businesses will
have little choice but to reduce costs and employment to
withstand insolvency pressures.
18. Panic buying (alternatively hyphenated as panic-buying; also known
as panic purchasing) occurs when consumers buy unusually large
amounts of a product in anticipation of, or after, a disaster or perceived
disaster, or in anticipation of a large price increase or shortage.
Panic buying became a major international phenomenon in February and
March 2020 during the early onset of the COVID-19 pandemic, and
continued in smaller, more localized waves throughout during sporadic
lockdowns across the world. Stores around the world were depleted of
items such as face masks, food, bottled water, milk, toilet paper, hand
sanitizer, rubbing alcohol, antibacterial wipes and painkillers. As a result,
many retailers rationed the sale of these items. Online
retailers eBay and Amazon began to pull certain items listed for sale by
third parties such as toilet paper, face masks, pasta, canned vegetables,
hand sanitizer and antibacterial wipes over price gouging concerns. As a
result, Amazon restricted the sale of these items and others (such as
thermometers and ventilators) to healthcare professionals and government
agencies
19. By April, departmental store
retailers JCPenney, Nordstrom, Macy's and Kohl's had
lost $12.3 billion combined in market caps. Neiman
Marcus and JCPenney defaulted on bond payments in
April, preparing internally for bankruptcy court and
bankruptcy protection. J.Crew and Neiman Marcus
filed for bankruptcy during the first week of May; they
were reportedly the first two major retailers to do so
during the pandemic. JCPenney filed for bankruptcy on
15 May.
20. The global covid-19 pandemic has impacted e-commerce in
a good aspect. As humans have embraced social distancing
as a manner to gradual the unfold of the pandemic, there
has certainly been a drop-off in brick-and-mortar shopping.
E-commerce had been steady gaining momentum. E-
commerce has surpassed levels not expected until 2025 due
to the covid-19 pandemic, expected to bring in over
$843 billion in sales this year.
Social media plays a huge role, Facebook and own e-
commerce web sites of e-commerce firms are the foremost
growing sales channels since the start of the covid-19 crisis.
As Ecommerce announced, retail sales of e-commerce
shows that covid-19 has a significant impact on e-
commerce and its sales are expected to reach $6.5 trillion
by 2023