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Bloomberg Workshop

Bloomberg Workshop: Gaining a competitive edge in your finance applications. PLEASE NOTE SPACES ARE LIMITED, SIGN UP BY CLICKLING ‘BOOK NOW’ VIA THE LINK BELOW. (First come, first serve basis. Successful candidates will be notified via email closer to the date of the workshop.) https://careers.dur.ac.uk/student/events/eventSearch.html?execution=e3s2 Students from ALL academic backgrounds are welcome Want to get… Read more »

Bitcoin – a threat for future electricity consumption?

Veronika Tomilina Bitcoin is currency that can be traded and held electronically. It has some advantage; you can transfer from person to person without involving financial intermediaries which usually charge commissions, you also can use it in every country and you do not need to think about exchange rates. Also, your account cannot be frozen… Read more »

Can cryptocurrencies rival gold as a hedge?

Alexander Le Grys With growing geopolitical tensions, rising economic risks associated with higher inflationary expectations after a lost decade in the developed economies and many unstable currencies in the developing world, people have increasingly been searching for hedge investments to act as security. This has coincided with the exponential increase in the value and acceptance… Read more »

South Africa’s need for a new direction

  Harry Jones The S&P shook South Africa on Friday 24th November when it announced the downgrading of South African ratings. The local currency credit rating was demoted from BB+ to BBB-, sending the Rand sliding. However, the currency rallied after Moody’s decision to place the country on review for downgrade. Despite the fact that… Read more »

Blowing bubbles in the bond market

Richard Holland The bond market for Treasuries has been in an astonishing 32-year bull market, outperforming corporate, high yield and emerging market bonds along the way. However, the sustainability of treasury bonds’ performance has been called into question as early as 2009, and the voices proclaiming that the ‘bond bubble’ is about to burst are… Read more »

Competition for control of the oil market

Rajinder Dhesi OPEC’s policy of lowering output to use up excess oil inventories has resulted in a small revival of crude future prices. Brent crude is trading at approximately $64 a barrel, up from $45 a barrel in the summer. Talks were held this week between OPEC and Russia to continue production cuts of 1.8m… Read more »

South Africa’s shaky economy – the power of rating agencies demonstrated

Oliver Dyson South Africa’s economic outlook looks dire for the coming months. On October 25th, Malusi Gigaba -South Africa’s Finance Minister – revised GDP growth estimates down from 1.3% to 0.7% in the Medium-Term Budget Policy Statement (MTBPS), firmly placing the nation as the third worst-growing economy, behind Brazil and Switzerland. This is not a… Read more »

Flotation of Siemens’ healthcare unit to be the largest German IPO in two decades

Hyesung Lim On Wednesday, the European engineering conglomerate Siemens AG announced its plans to list its diagnostics technology division Healthineers on the Frankfurt stock exchange during the first half of 2018. The partial flotation of this €40bn medical solutions business is anticipated to be the largest public offering in Germany since the €13bn listing of… Read more »