ETF Securities-Precious Metals Monitor-December 2016
January 6, 2017--Key Highlights
Precious Metals in 2016: a strong year amid volatility and uncertainty
Heading into 2016, precious metals faced many headwinds including a 3 year-long bear market of negative price returns and investor outflows, net negative investor sentiment in gold and silver positioning, and "ever-rising" interest rates as the Federal Reserve (Fed) sought to normalize the rate environment.
Looking back at 2016. it proved to be a stellar year for the precious metals complex with gold. silver. platinum and palladium all posting gains
There was a complete reversal in investor flows and sentiment despite weaker fundamental demand from India and China and macro hurdles such as a spike in nominal interest rates and the US Dollar following the surprise US presidential election results.
Source: etfsecurities.com
Vanguard's US$305b take from investors in 2016 sets record
January 6, 2017--Vanguard Group, the world's largest mutual fund manager, said it attracted a record US$305 billion last year-an annual total that some firms need decades to reach.
Vanguard's take, which tops the firm's previous record of US$276.4 billion in 2015, includes US$93 billion that went into exchange-traded funds, up from US$76 billion the year before, spokesman John Woerth wrote in an e-mail.
Source: businesstimes.com
Lack of blockchain talent hindering implementation for 40% of firms
January 6, 2017--Survey finds just 6% of firms plan to support training to deal with lack of blockchain talent.
A major hindrance to blockchain's application across businesses is a lack of talent capable of implementing it, according to a recent survey.
Source: thetradenews.com
DECPG Global Weekly-January 6, 2017
January 6, 2017--Taking Stock
U.S. non-farm job growth slowed in December, wages posted strong gains
Euro Area inflation rose to its highest level since 2013, economic activity strengthened
Japan's manufacturing PMI rose to a 12-month high in December
Emerging-market manufacturing continued to expand in December
Manufacturing recovered in Sub-Saharan Africa's largest economies
Source: World Bank
Chart: How Every Commodity Performed in 2016
January 5, 2017--2016 Commodity Performance
It was an up and down year for commodities, but things ultimately finished in the black.
The S&P Goldman Sachs Commodity Index (GSCI) climbed 10.1% on the year-it was just enough to edge out the S&P 500, which ended 2016 with a 9.5% return.
Source: visualcapitalist.com
Nasdaq's Friedman outlines blockchain goals
January 4, 2017--Newly appointed CEO at Nasdaq, Adena Friedman, says blockchain will be big focus for exchange operator in 2017.
Nasdaq is to focus heavily on implementing blockchain technology in the New Year, according to the exchange's newly appointed chief executive officer, Adena Friedman.
Source: thetradenews.com
Younger investors most willing to pay for financial advice: Cerulli
January 4, 2017--While more investors overall are willing to pay for financial advice today, 79% of those aged 30 to 39 are interested in paying for financial help, according to a recent study
More investors are willing to pay for financial advice today compared to nine years ago when the nation was on the cusp of an economic recession, and a surprising demographic is proving to be the most inclined.
Source: investmentnews.com
Who's Afraid of the Fed? Not Investors in Junk Bond ETFs
January 4, 2017--Inflows into junk-bond exchange-traded funds surged last month, outpacing investment-grade for the first time in 2016.
The flip occurred as the Federal Reserve voted to raise interest rates, threatening the value of the underlying debt.
Source: Bloomberg
CBOE Holdings Reports Trading Volume for December and Full Year 2016
January 4, 2017--CBOE Holdings, Inc. (NASDAQ: CBOE) today reported December and full-year 2016 trading volume and average revenue per contract (RPC) data on its website under the Quotes & Data section.
The data sheet, with a complete overview of 2016 trading volume for CBOE Holdings, including Chicago Board Options Exchange(R) (CBOE(R)), C2 Options Exchange (C2) and CBOE Futures Exchange (CFE(R)), can be found at www.cboe.com/monthlyvolrpc.
Source: CBOE
Investors in ETFs to Hedge Funds Bail on Gold as Equities Rally
December 3, 2017--SPDR Gold withdrawal reaches $2.27 billion, most since 2013
Money managers pare bullish bets to smallest since February.
Investors just keep bailing on gold.
In December, $2.27 billion was pulled out of SPDR Gold Shares, the world's largest exchange-traded fund backed by the metal.
Source: Bloomberg