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How did sea cucumbers help suppress the price of diesel in 2017?
Diesel prices in China go through annual cycles. But predictable trends are often only the tip of the iceberg when it comes to explaining commodity market movements. Seemingly unrelated policy changes can also have an effect — such as when the Chinese government banned sea-cucumber fishing in 2017 and put 200,000 fishing boats out of action. With the fleet responsible for 2–3% of annual diesel consumption, the ban had a significant effect on diesel prices.
Bloomberg analysts look at market events from even the most obscure angles. Our people’s dedication to detail is what makes us the go-to source for fundamental commodities data — including inventories, stock levels, imports, exports, and supply and demand.
If China’s taste for coffee is growing, why are Kenya’s coffee farmers planting nuts instead?
Coffee is rapidly growing in popularity in China, with Kenya a major exporter of the beans. But also booming with are macadamia nuts, which just so happen to grow on the trees that Kenyan farmers use to shade their coffee plants. The nuts are becoming so popular, in fact, that many farmers are giving up growing coffee completely, preferring to plant more macadamia trees.
At Bloomberg, we ask unexpected questions to expose surprising market relationships, helping our client base of global investors to get ahead in a complex financial world.
How is tourism driving the world’s technological evolution?
Only 5% of people have passports in China, but that’s changing fast. And as it changes, so too is the face of global tourism. As Chinese tourists demand the same convenience they enjoy with the efficient phone-based payment systems at home, their annual spending power — predicted to hit $429 billion by 2021 — could trigger a global overhaul of how financial transactions are conducted, and eventually displace both cash and credit cards.
Bloomberg researchers make it their business to understand the current and historical trends that influence our world. It’s their unique perspectives that more than 325,000 Terminal subscribers rely on to make the decisions that matter.
What effect does accurate data collection have on human health?
Through the Data for Health program, Bloomberg Philanthropies supports more accurate data collection on births, deaths and immunizations. Operating in 20 countries and covering more than 1 billion people, the program allows governments to make more informed, data-driven policy decisions so people can live longer, happier lives.
Bloomberg isn’t all about financial markets. We’re also engaged in data-based approaches to improving human lives in nearly 500 cities across 120 countries. Find out more about how we support education, environment, arts, government innovation and public health — and how you could be part of it.
When markets go down, why do luxury beauty products boom?
The term “lipstick index” was coined by Leonard Lauder – then-chairman of Estee Lauder – during the 2011 recession. It describes a counterintuitive market phenomenon where sales of small personal-care items increase in times of economic slow-down. Recently, the thesis behind the index appears to have taken on a high-end twist as consumers think twice about buying a Louis Vuitton handbag, but are happy to snap up Christian Dior cosmetics.
When you know how to interpret mysterious market events like this, you’re already ahead of the game. That’s what our clients count on: data-driven insight that brings clarity to complexity, solves problems, and reveals new opportunity.
Where can you help make sense of billions of data points every day?
Every day we collect and process a truly colossal amount of information. Seeing that work come alive on the Bloomberg Terminal, where it reaches decision makers across the globe, is a thrill like no other.
We’re looking for people with a passion for understanding markets and a love of the crucial detail. We work on purpose. Come find yours.
What impact does extreme weather have on oil production in the North Sea?
Storms pose a perennial problem for oil operators off Northwest Europe, as high winds and rocky conditions can disrupt production and cause spills. Bloomberg News continually reports on commodities and our world’s energy sector. Our Terminal subscribers can access fundamental commodities data, including weather patterns and maps that feature the live, exact placement of oil vessels in the North Sea – and everywhere else around the globe – to help make better trading decisions.
How is a one peso tax helping save an entire generation of children?
Through the Obesity Prevention Program, Bloomberg Philanthropies has committed over $130 million to support public health policies aimed at reducing obesity in Mexico and other countries. An analysis of sugary drinks purchases in Mexico found a 5.5% drop in 2014 followed by a 9.7% decline in 2015.
If 70% of everything we buy is delivered by truck, what happens to your grocery bill when there’s a severe driver shortage?
Nearly three-quarters of all freight tonnage moved in the U.S. goes on trucks. Without the trucking industry, our economy would come to a standstill. A growing shortage of drivers means the industry needs to hire nearly 900,000 workers to transport more than 70 percent of goods consumed in the U.S. Fewer drivers means higher prices for everything we buy.
How can bread scarcity spark a global political revolution?
Food and conflict have been linked since Roman times. More recently, events in countries from Mozambique to Bangladesh to Venezuela have highlighted how grain prices and chronic food shortages have been a major factor motivating anti-government protests. Read how Bloomberg reporters are tracking these stories around the world.
What can 140 characters do to the NASDAQ?
Twitter was once largely ignored by Wall Street. Half a dozen years ago there was a tipping point as more traders discovered it as a source of breaking news. Bloomberg integrated Twitter in 2012, and in 2013 the SEC approved tweets as a form of “disclosure”. It’s not just traders who see value in Twitter – even investor relations have turned to it.
When you think about how much information flows across Twitter’s platform, it’s not hard to imagine how difficult it can be to analyze all that information. Bloomberg engineers are making it easier for clients to decipher social media sentiment so they can beat the market.
How can Natural Language Processing help identify fake news from truth?
Fake news and its impact on business was a topic of discussion at the 2017 Machines + Media conference, where Bloomberg’s head of data science, Gideon Mann, explained “there’s tremendous potential for automated technology to help distinguish fake news, rumors, falsified conspiracy theories.”
NLP techniques can be used in several areas to extract relevant, meaningful, and tradable information in real-time.
Bloomberg researcher Amanda Stent uses her expertise in NLP to engineer products that parse, identify, and respond to human language.
Can you write code in the morning and roll it out this afternoon?
Bloomberg Terminal subscribers depend on us to provide data and technology that helps them not just keep up, but stay ahead in one of the fastest moving industries in the world – financial services. Our engineers tackle unique technological challenges and innovate in real-time to deliver solutions that help clients succeed.
Watch our series Conversations with Coders for an inside look at the impact our developers make.
Episode 1: Inside the machine with Gulru
Adam visits our New York City headquarters and meets one of our 4,800 engineers for an office tour and a sneak peek at a morning scrum.
Episode 2: Discovering DevX with Ajmal
Adam dives deep into our development tools with a member of our developer experience team and enjoys an afternoon coffee break in the pantry.
How strong is the Chilean peso vs. the Swiss franc?
It depends on the day. Bloomberg Terminal subscribers rely on functions like the Currency Rates Matrix – a heatmap of spot, forward, and fixing rates – to quickly identify currency trends and market movements.
They also depend on our team of experts to help them leverage a variety of solutions we provide to navigate complex markets. Working at Bloomberg allows you to understand more about foreign exchange and other global markets .
How many barrels of oil are currently afloat in the North Sea?
North Sea brent crude was discovered in the early 1960s, and today it is used as a benchmark to price European, African and Middle Eastern oil that is exported to the West.
Bloomberg Terminal subscribers can access fundamental commodities data – including inventories, stock levels, imports, exports, and supply and demand – to manage their trading and hedging strategies.
When can we expect the next global peanut shortage?
Maybe not for a while. Global demand for peanuts has been on the rise, as have peanut prices. Still, this isn’t all rosy for U.S. peanut farmers as production still exceeds what’s needed.
Understanding the intricacies of the market – what supply and demand look like, why and how farm-bill politics and government subsidies work – is important to investors who subscribe to the Bloomberg Terminal.
How do more railways for China mean bluer skies for Europe?
Some of the most significant Chinese exports over the next two decades will be electric cars — a product currently unaffordable for most Europeans. As the Belt and Road Initiative sees more railways built, the resulting lower freight costs will help remove price barriers for European consumers. Bloomberg analysts predict that by 2039, electric cars will be the majority of vehicles on Europe’s roads.
Insight like this isn’t just good news for the environment. It also puts our clients a step ahead of the markets by helping them connect dots that others miss.