World Gold Council-December Gold ETP holdings 4% lower month-on-month to 2,142.4t
January 10, 2017--At the end of December, total holdings in physically-backed gold exchange-traded products (ETPs) stood at 2,142.4t (68.9 moz), down 96.9t from November. In value terms, total holdings stood at US$78.9bn, 7% lower from a month earlier.
The majority of the decline was borne by funds in North America and Europe, partly owing to a high base effect. Their respective holdings were 1,181.4t and 849.1t, down 6% and 3% month-on-month.
In North America, SPDR Gold Shares and iShares Gold Trust, the two largest gold ETPs in the world, saw their holdings shrunk by 61.7t (-7%) and 6.2t (-3%) to 822.2t and 196.2t.
view the World Gold Council Gold ETP holdings update January 2017
Source: World Gold Council
ETF Securities Weekly Flows Analysis-Weaker US dollar boosts precious metals
January 9, 2017--Mixed economic data and minutes from the Federal Reserve's December meeting weighed on the US dollar, prompting US$69mn of inflows into precious metals.
Investors reduced exposure to ETPs tracking long EUR/USD positions by US$95.7mn last week.
Energy prices ticked down last week due to a massive increase of US oil inventory and milder temperatures in the US.
Source: etfsecurities.com
BCA Research Introduces Global ETF Strategy
January 9, 2017--Continues BCA's strategy to deliver end-to-end research solutions for the global investment community
BCA Research, the leading provider of independent investment research, today announced the introduction of Global ETF Strategy, a new service to connect the dots between BCA’s thematic top-down macro research and the increasingly complex ETF market.
Source: BCA Research
Fund Investors Found Commodities Golden in 2016
January 8, 2017--It was a big bounceback year for commodities funds, with precious metals the most popular
U.S. fund investors caught commodities fever in 2016 in the biggest way in six years, as prices of gold, oil and other commodities rallied.
Source: Wall Street Journal
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