UK Official holdings of international reserves-June 2013
July 3, 2013--This monthly press notice shows details of movements in June in the UK's official holdings of international reserves, which consist of gold, foreign currency assets and International Monetary Fund assets.
These reserves are maintained primarily so that the UK Government’s reserves could be used to intervene to support Sterling, or the Bank of England’s reserves could be used to support the Bank’s monetary policy objectives. If such interventions were to occur, then they would be shown and explained in this release. The Background note at the end of this release explains more about the reserves, and about these statistics.
In summary this month’s release shows that, in June 2013:
No intervention operations were undertaken.
Movements in reserves and levels of reserves were as follows:
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Source: HM Treasury
Eurozone recession eases as confidence returns: survey
July 3, 2013--The eurozone recession eased at the end of the second quarter, opening hope of a return to growth in the second half of the year, final data from a key survey signalled on Wednesday.
The Markit Eurozone Composite Purchasing Managers Index registered 48.7 points in June compared with 47.7 in May.
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Source: EUbusiness
Economic Growth is Staging a Moderate Recovery in 2013, Says World Bank in Latest Forecast
July 3, 2013-Economic growth in 2013 is forecast to remain below trend at an estimated 3.6 percent according to the World Bank's latest Turkey Regular Economic Brief issued today in Ankara.
The Brief links moderate growth prospects to persistent global uncertain and the recent tightening of international liquidity, whilst pointing to signs of a revival in domestic demand. The Government’s new Development Plan provides an opportunity to deepen structural reforms and thus mitigate external risks and increase potential growth growing forward.
view the Turkey Regular Economic Brief
Source: World Bank
June turnover at Boerse Stuttgart in region of EUR 6.9 billion (monthly stats)
Sharp increase in exchange-traded products // Discount certificates in demand
July 2, 2013--According to the order book statistics, the total volume of trades at Boerse Stuttgart in June 2013 was down on the total for May at around EUR 6.9 billion.
The biggest contribution to turnover came from securitised derivatives with a trading volume for June in the region of EUR 3.3 billion, slightly down on the figure for the preceding month. Overall, Boerse Stuttgart recorded a trading volume of around EUR 1.9 billion in investment products, with leverage products in excess of EUR 1.4 billion and discount certificates up roughly 12 percent on the total for May at EUR 633 million.
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Source: Boerse Stuttgart
Moscow Exchange's bond market hit a record high in H1 2013
July 2, 2013--In H1 2013 the average daily value traded on the Moscow Exchange's bond market reached its highest level since 2007.
During the first six months of 2013 the secondary bond market trading reached RUB6.9 trillion, up 71% compared with the same period in 2012. Corporate bonds were traded for a total of RUB3.1 trillion, up 45%. Turnover in government bonds (OFZs) increased by 114% to RUB3.5 trillion.
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Source: Moscow Exchange
Deutsche Borse launches marketplace for trading outsourced storage and computing capacity
World's first neutral trading venue for "cloud computing"/Trading to commence beginning of 2014/
Standardised trading for cloud computing resources/Clients have free choice of providers
July 2, 2013--Deutsche Börse today announced that it will launch a trading venue for outsourced storage and computing capacity-so called "cloud computing" resources-in the beginning of 2014: Deutsche Börse Cloud Exchange AG is a new joint venture formed together with Berlin-based Zimory GmbH to create the
first neutral, secure and transparent trading venue for "cloud computing" resources.
The primary users for the new trading venue will be companies, public
sector agencies and also organisations such as research institutes that need
additional storage and computing resources, or have excess capacity that
they want to offer on the market.
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Source: Deutsche Börse
Revised MICEX10 Index constituent list comes into force
July 1, 2013--The amendments introduced into the MICEX10 Index after its quarterly review, include the following: ordinary shares of OJSC "Federal Grid Company of Unified Energy System" will be added to the index,
ordinary shares of JSC "RusHydro" will be excluded from the index list.
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Source: Moscow Exchange
ESMA review finds good compliance with EU market abuse rules
July 1, 2013--The European Securities and Markets Authority (ESMA) has published a peer review of the supervisory practices EEA national competent authorities (NCAs) apply in enforcing the requirements of the Market Abuse Directive (MAD).
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Source: ESMA
Turnover at Deutsche Borse's cash markets at 102 billion euros in June
July 1, 2013--Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at €101.8 billion in June (June 2012: €95.8 billion). Of the €101.8 billion, €95.3 billion were attributable to Xetra (June 2012: €89.2 billion).
€4.2 billion were attributable to the Frankfurt Stock Exchange (June 2012: €4.6 billion). Order book turnover on Tradegate Exchange* totalled approximately €2.4 billion in June (June 2012: €2.0 billion).
In equities, turnover reached €86.8 billion on Deutsche Börse's cash markets (Xetra: €83.0 billion, Frankfurt Stock Exchange: €1.7 billion, Tradegate Exchange: €2.1 billion). Turnover in bonds was €1.4 billion, and in structured products on Scoach €1.2 billion. Order book turnover in ETFs/ETCs/ETNs amounted to €12.4 billion.
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Source: Deutsche Börse
Deutsche Boerse celebrates 25 years of DAX
100 EUR invested then would now be 800 EUR 200,000 financial products use DAX as a benchmark
July 1, 2013--
"Deutsche Börse is proud of our DAX's success as a blue-chip index over the last 25 years.
Even in turbulent times the DAX stood as an independent, objective and neutral benchmark. We will pay attention to it in the future as well," said Reto Francioni, CEO of Deutsche Börse.
A 100 EUR investment in the DAX would be worth almost 800 EURO today. The DAX measures the development of the 30 largest and most liquid companies on the German equities market and represents around 80 percent of the free-float market capitalization in Germany. Launched on July 1, 1988, the DAX is the flagship index of Deutsche Börse and Germany’s leading equity index.
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Source: Deutsche Börse
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