Global ETF News Older than One Year
Global sustainable investments grow 25% to $23 trillion
July 24, 2017--Global socially responsible investments grew by a quarter to $23 trillion over the last two years, with particularly strong gains in China, Japan and Australia and New Zealand.
While every region reported growth in socially responsible assets over the 24 months ending Dec. 31, 2015, the overall pace slowed from the 61 percent growth reported in the prior two-year period, according to a biennial survey by the Global Sustainable Investment Alliance.
Source: Bloomberg
IMF-World Economic Outlook Update, July 2017
July 23, 2017--The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018.
The unchanged global growth projections mask somewhat different contributions at the country level. U.S. growth projections are lower than in April, primarily reflecting the assumption that fiscal policy will be less expansionary going forward than previously anticipated. Growth has been revised up for Japan and especially the euro area, where positive surprises to activity in late 2016 and early 2017 point to solid momentum. China's growth projections have also been revised up, reflecting a strong first quarter of 2017 and expectations of continued fiscal support. Inflation in advanced economies remains subdued and generally below targets; it has also been declining in several emerging economies, such as Brazil, India, and Russia.
view the WORLD ECONOMIC OUTLOOK UPDATE JULY 2017 INFOGRAPHIC A Firming Recovery
view the IMF DataMapper: World Economic Outlook (April 2017)-Real GDP growth
Source: IMF
World Gold Council-Supply and demand data methodology note
July 21, 2017--The gold market is broad and complex, so producing statistics on demand and supply is challenging.
But having such statistics is crucial to understanding the fundamentals of the market. The World Gold Council overcomes the complexity to produce a robust, comprehensive and well-researched series of global gold demand and supply data. We publish these data and supporting commentary in our quarterly Gold Demand Trends report.
Source: World Gold Council (WGC)
DECPG Global Weekly-July 21, 2017
July 21, 2017--TAKING STOCK
U.S. jobless claims fell; import price declined
ECB kept policy unchanged; headline inflation softened in June
Bank of Japan left policy on hold, but lowered its inflation forecast
China's Q2 GDP growth exceeded market expectations
South Africa's central bank cut its interest rates for first time in five years
Source: World Bank
Chart: Fintech is in the Eye of the Beholder
July 21, 2017--The development of new technology in the financial sector is happening at a breakneck speed.
Between the emergence of the blockchain, AI, robo-advisors, regtech, payment and loan services, and many other examples of technological progress, there are many ideas to keep track of at once.
It would appear that these changes are happening so fast, in fact, that people don't even have a uniform idea of what fintech really is.
Source: visualcapitalist.com
Infographic-Banking the Unbanked is a $380B Opportunity
July 20, 2017--For those of us living in North America or Europe, we generally take the near-universal access we have to financial services for granted.
Sure, there are many people that have questions or concerns about the way central banks and currencies operate, but even the most skeptical of these people likely keep some money in a bank or investment account. It's convenient, easy, and it facilitates other economic transactions.
view the IMF Working paper-On Swing Pricing and Systemic Risk Mitigation
Source: IMF
IMF Working paper-Basel Compliance and Financial Stability: Evidence from Islamic Banks
July 18, 2017--Summary:
The paper provides robust evidence that compliance with Basel Core Principles (BCPs) has a strong positive effect on the Z-score of conventional banks, albeit less pronounced on the Zscore of Islamic banks.
Using a sample of banks operating in 19 developing countries, the results appear to be driven by capital ratios, a component of Z-score for the two types of banks. Even though smaller on Islamic banks, individual chapters of BCPs also suggest a positive effect on the stability of conventional banks. The findings support the effective role of BCP standards in improving bank stability, whose important implications led to the Islamic Financial Services Board (IFSB) publication of new recommendations in 2015 to bring BCP standards in line with the Core Principles for Islamic Finance Regulation (CPIFRs) standards. Our findings suggest that because Islamic banks are benchmarked closely to BCPs, the implementation of CPFIRs should also positively affect their stability.
Source: IMF
