The European Central Bank, inflation tolerance and the last mile
March 20, 2024--Inflation in the euro area has declined convincingly from the very high levels seen in the past couple of years. The rate is expected to be 2.3% in 2024-what a difference from 8.4% in 2022 and 5.6% in 2023.
|
In a speech in November, European Central Bank (ECB) executive board member, Isabel Schnabel seemed to pre-empt this, talking about the "last mile" that, just like in endurance sports, is the hardest to push through.
But insisting on completing the "last mile" is quite the wrong narrative to follow. As the system is rigged with uncertainty and there is no way of understanding either the direction or size of risks, the ECB should talk instead about inflation tolerance -or risk introducing even greater volatility into the system. |
Global X Launches Two High Dividend ETFs, Tracking Solactive European and United Kingdom SuperDividend Indices September 4, 2025--Solactive is pleased to announce its renewed collaboration with Global X with the upcoming launch of two income-focused ETFs on the London Stock Exchange. The Global X European SuperDividend UCITS ETF tracks the Solactive European SuperDividend Index as the GlobalX UK SuperDividend UCITS ETF tracks the Solactive United Kingdom SuperDividend Index, offering investors targeted access to high-dividend-yielding stocks across Europe and the UK. |
The T+1 Thursday conundrum pushing instantaneous settlement on traders September 3, 2025--Following a similar issue with the US move to T+1,the second iteration of Thursday conundrum for ETFs trades has emerged as divergent settlement systems around the globe continue to cause headaches for traders. |
ETF and ETP Listings on September 1, 2025, new on Xetra and Borse Frankfurt September 1, 2025-The Xtrackers MSCI Europe Small Cap ESG UCITS ETF invests in small-cap companies from developed European countries that meet defined minimum environmental, social and governance (ESG) standards. This is followed by a targeted selection of companies in order to reduce the intensity of greenhouse gas emissions in the portfolio. |