DECPG Global Weekly -March 10, 2017
March 10, 2017--TAKING STOCK
U.S. non-farm jobs growth remained steady in February
Euro Area growth was confirmed at 0.4 percent (q/q, sa) in Q4; ECB kept interest rates on hold
Japan Q4 GDP was revised up
China posted its first monthly trade deficit in three years in February
Inflation continued to rise in the East Africa region
Source: World Bank
ETFGI reports ETFs/ETPs listed globally gathered record inflows of US$68 billion and assets reached a new high of US$3.844 trillion at the end of February 2017
March 9, 2017--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today following on from January's strong start to the year assets invested in ETFs/ETPs listed globally reached a new record high of US$3.844 trillion at the end February 2017 surpassing the prior record of US$3.689 trillion set at the end of January 2017.
ETFs/ETPs gathered a record level of US$68.29 billion in net inflows in February, marking the 37th consecutive month or over 3 years of net inflows and a record US$130.99 billion in year to date net inflows, according to preliminary data from ETFGI's February 2017 global ETF and ETP industry insights report.
Source: ETFGI
STOXX Monthly Index News: Trump's Promises Still Move Global Markets
March 9, 2017--The rally in global equity markets has continued in February with key benchmarks inching closer to their record highs. Strong economic data around the world were improving the outlook for global growth.
Promises of US president Donald Trump are still moving the markets: After his renewed statements to bring back millions of jobs and market-friendly policies, US stocks continued to climb.
It was a typical New York summer day, the kind where arriving at Goldman Sachs' perfectly air-conditioned offices in downtown Manhattan was a blissful release from the humid weather outside.
Source: FT.com
To Unlock Potential of Digital Age, Europe Must Go Beyond Internet Access, Says World Bank
According to Reaping Digital Dividends: Leveraging the Internet for Development in Europe and Central Asia, launched in Bucharest today, affordable and nearly universal access to the internet has not been enough for countries in the EU to fully benefit from opportunities being created by digital technologies and more needs to be done to develop a policy environment that can better leverage this access by linking workers to digital jobs.
Source: World Bank
State Street to Start Voting Against Companies That Don't Have Women Directors
Index-fund giant State Street Global Advisors on Tuesday will begin pushing big companies to put more women on their boards, initially demanding change at those firms without any female directors.
Source: Wall Street Journal
AI technology to replace 90,000 buy-side jobs by 2025
By 2025, artificial intelligence (AI) technology will reduce the number of employees in asset management globally by 90,000, according to research.
A new report authored by research and consulting firm, Opimas, found employees in capital markets globally will decrease by 230,000 and the asset management industry will likely shrink the most as a result of AI implementation.
Source: thetradenews.com
STOXX Licenses Next Generation Of Low Carbon Indices To Scandinavian Asset Owner
This next generation of low carbon indices incorporates the CDP climate change scoring methodology which evaluates companies based on their progress in the transition towards a low carbon economy.
Source: Deutsche Börse Group
IMF Working paper-The Volatility of Capital Flows in Emerging Markets: Measures and Determinants
Second, we perform panel regressions to understand the determinants of volatility. The measures show that the volatility of all instruments is prone to bouts, rising sharply during global shocks like the taper tantrum episode. Capital flow volatility thus remains a challenge for policy makers. The regression results suggest that push factors can be more important than pull factors in explaining volatility, illustrating that the characteristics of volatility can be different from those of the flows levels.
Source: IMF
IOSCO finds little evidence of declining secondary corporate bond market liquidity
The report, titled Examination of Liquidity of the Secondary Corporate Bond Markets, presents a data-driven analysis of secondary corporate bond markets during 2004 and 2015, with a specific focus on liquidity. It provides a global view of corporate bond market development within the broader economic and financial context. view the Examination of Liquidity of the Secondary Corporate Bond Markets Final Report
Source: IOSCO
March 8, 2017--Nearly 10 years after its nadir, quantitative investing is again the hot trend in finance
March 7, 2017-Countries in the European Union (EU) must enact policies designed to better help workers adapt to new jobs being created by the internet if they want to avoid increasing inequality and exclusion in the region, notes a new World Bank Report.
March 7, 2017--Firms won't have an exact quota for compliance with State Street's mandate, but must prove they attempted to improve a lack of diversity.
March 7, 2017--New report predicts artificial intelligence will replace 230,000 jobs across capital markets globally by 2025.
March 7,2017--STOXX Ltd., the operator of Deutsche Boerse Group's index business, and a global provider of innovative and tradable index concepts, today introduced the STOXX Climate Impact and STOXX Climate Awareness Indices.
March 7, 2017--Summary:
Capital flow volatility is a concern for macroeconomic and financial stability. Nonetheless, literature is scarce in this topic. Our paper sheds light on this issue in two dimensions. First, using quarterly data for 65 countries over the period 1970Q1-2016Q1, we construct three measures of volatility, for total capital flows and key instruments.
March 7, 2016--A report published today by the Board of the International Organization of Securities Commissions (IOSCO) has found no substantial evidence showing that liquidity in the secondary corporate bond markets between 2004 and 2015 has deteriorated markedly from historic norms for non-crisis periods.
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.