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IIR's December 18 Market Scorecard Brings You Breaking Geopolitical News
Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
Released Wednesday, December 18, 2019
Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
IIR's Market Scorecard gives you the breaking news headlines from around the world, along with the directional impact to commodities, with expert indicators, and live links to IIR key research so you instantly have the details you need and make the right decisions.
| Event | MarCon* | IIR Comment | IIR Links | Outlet |
| US, China agree to a limited Phase I deal | ![]() |
After months of back and forth, China and the US have come to a Phase 1 agreement that, as far as we know, solely focuses on the Chinese buying more American produce in exchange for the reduction of tariffs and further tariffs on China - at least for now. | China Exempts U.S. Soybeans, Pork and Other Farm Goods from Additional Tariffs, an Industrial Info Market Brief | WSJ |
| As China's growth slows, it promises to pass policies that support consumption, infrastructure investment and employment in 2020 | ![]() |
China's colossal economy has been hit by the trade dispute with the US, and its rapid GDP growth is slowing, as policy makers focus on ways to revive the economy for 2020. | China's Shandong Teapot Refineries Face Trouble, an Industrial Info Market Brief | WSJ |
| Chinese market oversupplied with LNG | ![]() |
Chinese suppliers offer to resell cargoes as they struggle with weak demand. This could be due to competition with the alternative of cheaper coal and the new "Power of Siberia" pipeline, which supplies China directly with LNG. | FERC to Review Permitting on Four Texas LNG Plants | Energy World |
| Boris Johnson wins majority | ![]() |
The recent election in the UK provided Boris Johnson a majority and a mandate for Brexit to happen by January 31, 2020. | Oil Refineries May Face Closure if U.K. Crashes Out of Europe | Bloomberg |
| UN Climate Summit unable to secure bolder climate commitments | ![]() |
Despite the UN Summit extending into the weekend, the world's major economies could not reach a consensus ahead of a crucial implementation phase to occur in 2020. | Nuclear Power Vital To Europe's Climate Change Battle | Reuters |
| Weekly Recap: 12/09-12/13 | ![]() |
The Middle Kingdom takes center stage as it agrees with the US on a Phase 1 resolution to the months-long trade war. But can China ensure its economy rebounds enough to support the hopes of much of the world, as we already are witnessing Chinese suppliers turning away LNG cargoes... And the sun is finally setting on the British Empire. | ||
| *MarCon (Market Condition 1-5) indicates directional bias or price effect for the relevant commodity (Oil, Natural Gas, Chemicals, etc.) and is graded by our team of experts here at IIR. | ||||
For more information email us: iirteam@iirenergy.com.
Click here for the market scorecard PDF.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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