JPMorgan wins $1tn custody mandate from BlackRock
January 25, 2017--Wall Street group to overtake State Street as world's No 2 custodian bank
Source: FT.com
Industrial Commodities Prices to Surge in 2017: World Bank
January 24, 2017-The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand.
In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude oil price forecast for the year at $55 per barrel, a 29 percent jump from 2016. The energy price forecast assumes members of the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers will partially comply with an agreement to limit production after a long period of unrestrained output.
Source: World Bank
The Economist-Democracy Index 2016
January 23, 2017--According to the 2016 Democracy Index almost one-half of the world's countries can be considered to be democracies of some sort, but the number of "full democracies" has declined from 20 in 2015 to 19 in 2016
The US has been downgraded from a "full democracy" to a "flawed democracy" because of a further erosion of trust in government and elected officials there.
Source: www.eiu.com
ETF Securities Weekly Flows Analysis-Gold and the US Dollar back in favour
January 23, 2017--Gold inflows rebound to the highest levels in 16 weeks, and the fourth consecutive week of inflows.
Emerging market bonds see largest inflows in eight weeks.
Profit taking in short JPY ETPs reaches the highest level since April 2016.
Agricultural commodities received the largest inflows in six weeks, totalling US$13.5mn.
Gold inflows rebound to the highest levels in 16 weeks, and the fourth consecutive week of inflows. Long Gold ETPs received US$65.4 mn -the largest inflows across the commodity complex as the US Dollar rally has stalled somewhat and US inflation breached the 2% level for the first time since 2014
Source: etfsecurities.com
George Osborne to join BlackRock as adviser
January 20, 2017--World's largest asset manager recruits former UK chancellor.
Source: FT.com
Stocks, currencies fall after Fed's Yellen signals rate hikes
September 19, 2017--Emerging market stocks fell on Thursday and currencies struggled to make much headway after U.S. Federal Reserve chair Janet Yellen said interest rates should rise steadily, boosting the dollar.
Source: Zawya.com
State Street Brexometer: Gauging Investor Sentiment on the Brexit Impact
State Street Institutional Survey
January 19, 2017--Despite some fears about adverse implications for global growth, our survey painted a somewhat upbeat picture, with investors maintaining their outlook on medium-term global economic growth. Along with commentary from our own experts, we can help you prepare for a post-Brexit world.
Source: State Street
"Getting Over Globalization"-Outlook for 2017
January 19, 2017--The Credit Suisse Research Institute examines the end of globalization as we know it and the passage from globalization to multipolarity-regions that are distinct in terms of their economies, laws, cultures and security networks.
The Credit Suisse Research Institute today publishes its report "Getting over Globalization", which outlines how the global economy is moving into a more multipolar form, the stability of which depends on appropriate rules and institutions being established early on.
Source: Credit Suisse Research Institute
Infographic-The Global War on Cash
January 18, 2017--There is a global push by lawmakers to eliminate the use of physical cash around the world. This movement is often referred to as "The War on Cash", and there are three major players involved:
Source: visualcapitalist.com
"Liquidity Alliance" builds blockchain solution for cross-border collateral transfer
January 18, 2016--Four members of the 'Liquidity Alliance' (LA), an international group of central securities depositories (CSDs), are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral.
With the planned solution, The Canadian Depository for Securities Limited (CDS), Clearstream (Luxembourg), Strate (South Africa) and VPS (Norway) want to overcome existing hurdles when moving collateral across various jurisdictions, making the transfer faster and more efficient.
Source: Deutsche Börse Cash Market