S&P Global Stock Price, News & Analysis

The S&P Global Market Intelligence report forecasts significant trade shifts in 2023 due to the Russia-Ukraine conflict. India emerges as a key trade partner for Russia, with over 100% year-on-year increase in imports since February 2022. The report predicts a 3.5% increase in India's export trade and a 1.3% rise in imports. Global containerized trade is also expected to grow by 3.2% in 2023. However, the International Maritime Organization's new greenhouse gas measures may slow down trade growth and increase logistics costs.

S&P Global Commodity Insights has successfully reviewed and included four additional oil terminals into its Platts Dated Brent and Cash BFOE price assessment processes for June 2023 deliveries. This brings the total to 11 terminals now authorized to deliver WTI Midland crude oil into the Brent benchmark, enhancing supply diversity. The new terminals include EPIC Crude Terminal, Enterprise Houston Ship Channel, Buckeye Texas Hub, and Enbridge Ingleside Energy Center. The first inclusion of a non-North Sea crude grade aims to strengthen the Brent complex for the future.

S&P Global Market Intelligence's 2023 Electric, Natural Gas and Water Utilities Outlook predicts a challenging yet promising future for commodities prices, particularly in metals like copper and lithium. The report highlights that the Inflation Reduction Act will boost U.S. renewable energy capacity by 150GW, driving demand for key materials amid a projected drop in commodity prices for 2023. As electric vehicle demand grows nearly 30% annually, supply is expected to lag behind consumption, leading to potential shortages by 2024, impacting investors and utility sectors significantly.

S&P Global Market Intelligence released its 2023 Technology, Media and Telecommunications (TMT) Industry Outlook, projecting a significant growth in AR and VR technologies, estimating installed devices to reach 73.6 million by 2026. The report highlights the rapid adoption of AR and VR in both gaming and enterprise sectors, along with implications for datacenter sustainability amid an energy crisis. The fintech sector continues to attract substantial investments, while challenges like rising inflation may impact consumer streaming subscriptions. The report reflects ongoing shifts to a digital economy.

S&P Global Commodity Insights discusses key themes ahead of COP27 in Egypt, highlighting challenges posed by geopolitical and economic factors. Analysts emphasize the possibility of backtracking on climate commitments due to the global energy crisis and economic instability. Key topics include whether countries can unite on climate goals, the relevance of COP in achieving collective actions, and the impact on voluntary carbon markets. The necessity for wealthier nations to support poorer countries in decarbonization efforts amid recent climate-related disasters is also noted.

According to S&P Global Market Intelligence's 2023 M&A Industry Outlook, overall global M&A activity fell over 35% year-over-year in the first nine months of 2022. Key factors include rising interest rates and economic uncertainty impacting dealmaking. Large transformational transactions have become rare, and many private equity firms are opting out due to increased acquisition financing costs. Although M&A activity is expected to face challenges in the near-term, it is anticipated to surpass 2022 levels. Notably, sectors like Metals & Mining remain active despite macroeconomic pressures.

CARFAX Canada predicts a challenging winter for Canadians with potentially record-breaking cold and snow. Statistics reveal that over 1/3 of accidents occur in winter months, emphasizing the necessity for appropriate winter tires. Current findings show only 76% of car owners utilize winter tires, and 80% have avoided driving due to snow. The company advises tire changes when temperatures drop to 7°C or lower. CARFAX Canada Car Care offers maintenance reminders, promoting vehicle readiness for the winter months.

The S&P Global Market Intelligence report, 2023 Economics & Country Risk Outlook, emphasizes the persistent global challenges of security, financial stability, and supply chains. As geopolitical tensions rise, particularly due to Russia's invasion of Ukraine, Europe faces economic risks that may worsen in 2023. Central banks will maintain focus on inflation amid tightening financial conditions, potentially slowing global growth and deepening recessions in Europe. Key factors such as energy security and economic strategies will shape the future landscape.