Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.
JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of their value since Russia invaded Ukraine a month ago, with nervousness about the war and its impact on global energy and food prices adding to existing pressures.
Some leading emerging market central banks are signaling that interest rates now need to rise faster than previously expected, which fuels fears of "stagflation". Stagflation means when high inflation and higher interest rates undermine economic growth.
With both the U.S. Federal Reserve and emerging market central banks raising interest rates, JPMorgan also said it made sense to "underweight" emerging market assets by taking advantage of the recent pullback in local currency bond yields relative to TREASURIES.
JPMorgan said major metals exporters such as South Africa, Chile, and Peru could still do well, but warned that emerging market fixed income assets now faced a more "stagflationary" trajectory.
The markets and prices of many commodities, metals, chemicals like the Nickel-based Alloy still face uncertainty.
What is GH4049 (GH49) nickel base alloy?
GH4049 is a nickel-based superalloy, which is an age-hardening alloy. The corresponding grade is GH49. Its nickel content is about 70%. After the alloy is remelted by electroslag or vacuum arc, its processing plasticity can be improved. GH4049 superalloy has good hot and cold working properties. The alloy has good oxidation resistance below 1000 °C high temperature environment, high high temperature strength below 950 °C, small notch sensitivity, good oxidation resistance and fatigue strength. , poor single hot working plasticity
Main processing properties of GH4049 (GH49) nickel-based alloy
Compared with nickel-based alloys of the same kind, GH4049 superalloy has poor hot working plasticity. It is suitable for making gas turbine working blades with a working temperature of 850-950 °C. It is mainly used to make turbine blades for aviation, naval and industrial gas turbines. , high-temperature components such as guide vanes, turbine disks, high-pressure compressor disks and combustion chambers; also used in the manufacture of space vehicles, rocket engines, nuclear reactors, petrochemical equipment, and coal conversion and other energy conversion devices.
The nano-surface crystal layer was prepared on the surface of GH4049 nickel-based superalloy by the treatment process. The effects of different ultrasonic shot peening intensity and shot peening time on its yield strength, tensile strength and microhardness were analyzed. Residual stress distribution of the specimen after nanoization. The research results show that the increase of shot peening time has no direct relationship with the improvement of material strength, and with the increase of shot peening time, the strength of the material will decrease due to the damage of the material surface. After ultrasonic shot peening, the microhardness was significantly improved compared with that of the untreated specimen, and a compressive stress layer of about thickness was formed on the surface of the specimen, and the large compressive stress far exceeded the yield limit of the material.
KMPASS is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. The company export to many countries, such as USA, Canada, Europe, UAE, South Africa, Tanzania,
Kenya,Egypt,Nigeria,Cameroon,Uganda,Turkey,Mexico,Azerbaijan,Belgium,Cyprus,Czech Republic,Brazil, Chile, Argentina, Dubai, Japan, Korea, Vietnam, Thailand, Malaysia, Indonesia, Australia,Germany, France, Italy, Portugal etc. As a leading nanotechnology development manufacturer, KMPASS dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for Inconel718 powder, please send an email to: firstname.lastname@example.org
As the Russia-Ukraine conflict continues to develop, there is growing concern about the potential disruption of Russia's energy supply. Geopolitical premiums have pushed up the price of crude oil and natural gas, and the energy price is expected to remain high in the short term. Affected by this, the market price of the Nickel-based Alloy may keep rising.
Titanium carbide TiC powder is a crystalline solid with gray metallic luster, hard quality, second only to diamond in hardness, and weaker in magnetic properties. For the manufacture of cemented carbide, also used as electrodes and abrasives for arc…
Calcium silicide is used in the manufacture of special metal alloys, for example for phosphorus removal and as a deoxidizer. Calcium silicide is used in the manufacture of special metal alloys, for example for phosphorus removal and as a deoxidizer.…
Niobium carbide (NBC and Nb2C) is a very hard refractory ceramic material, widely used in refractory high temperature materials and cemented carbide additives.…