Infographic-Commodity Update: Is the Summer Slump Over?
October 4, 2016--Last update, we triumphantly proclaimed that commodities were "back".
However, we did forget to add one important caveat, which is that they could still get hit hard in the short-term by the classic "Sell in May and Go Away" market sentiment.
Source: visualcapitalist.com
S&P Global Equity Indices Monthly Update September 2016
October 4, 2016--The S&P Global Equity Indices Monthly Update September 2016 is available.
Source: S&P Dow Jones Indices
WGC-Market Update: Price drop likely to spur demand
October 4, 2016--Gold remains a key portfolio component in this environment Following a remarkable performance year-to-date, the gold price fell by over 3% on 4 October, which we believe will likely result in physical buying
The move seems to have been driven by speculation of a scaling back in the ECBs asset purchase programme, combined with rising expectations of a US rate hike in December.
Source World Gold Council (WGC)
IMF Sees Subdued Global Growth, Warns Economic Stagnation Could Fuel Protectionist Calls
October 4, 2016--Global growth subpar at 3.1 percent in 2016, with slight increase to 3.4 percent next year
Persistent stagnation in advanced economies could further fuel anti-trade sentiment, stifling growth
Countries need to rely on all policy levers-monetary, fiscal and structural-to lift growth prospects
Global economic growth will remain subdued this year following a slowdown in the United States and Britain's vote to leave the European Union, the IMF said in its October 2016 World Economic Outlook.
view the World Economic Outlook (WEO)Subdued Demand: Symptoms and Remedies October 2016
Source: IMF
Inequalities exacerbate climate impacts on poor and vulnerable people-new UN report
October 3, 2016--Evidence is increasing that climate change is taking the largest toll on poor and vulnerable people, and these impacts are largely caused by inequalities that increase the risks from climate hazards, according to a new report launched by the United Nations today.
"Sadly, the people at greater risk from climate hazards are the poor, the vulnerable and the marginalized who, in many cases, have been excluded from socioeconomic progress," noted UN Secretary-General Ban Ki-moon in the World Economic and Social Survey 2016: Climate Change Resilience-an Opportunity for Reducing Inequalities, produced by the UN Department of Economic and Social Affairs (DESA).
Source: UN
Deutsche Bank braces for another pivotal week
October 3, 2016--Deutsche Bank is bracing for another pivotal week as the German giant negotiates with the US Department of Justice to talk down a $14bn fine.
Senior figures including chief executive John Cryan are expected to be in the United States this week, coinciding with meetings of the World Bank and the International Monetary Fund.
Source: telegraph.co
IMF Releases the 2016 Financial Access Survey, A Key Tool to Foster Financial Inclusion
October 3, 2016--The International Monetary Fund (IMF) released today the results of the seventh annual Financial Access Survey (FAS). The FAS is a key source of data on financial inclusion, providing insights on the availability and use of financial products such as deposit accounts, loans, and insurance policies by individuals and firms across the globe.
The information is based on administrative data that is collected from both traditional financial service providers like commercial banks, microfinance institutions, or other deposit-taking institutions, and providers of digital financial services such as mobile money.
Source: IMF
FTSE Russell announces results of FTSE Annual Country Classification Review
September 30, 2016--China A-shares remain on Watch List for future inclusion as a Secondary Emerging market
Argentina, Nigeria and Romania join Watch List for possible reclassification
FTSE Russell provides progress update on current Watch List countries Poland, Kuwait, Saudi Arabia, Kazakhstan & Mongolia
FTSE Russell, the global index and data provider, today announces the results of the FTSE Annual Country Classification Review for 2016.
Source: lseg.com
Your Female Clients Might Have More Risk Tolerance Than You Think
September 30, 2016--Today might be the day to stop assuming that women are risk-averse decision makers.
Research release this week from BMO Wealth Management has found that female business owners are actually quite comfortable making bold decisions--more comfortable than their male counterparts.
Source: fa-mag.com
DECPG Global Weekly-September 30, 2016
September 30, 2016--TAKING STOCK
U.S. Q2 GDP growth was revised upward; consumer confidence jumped in September
Euro Area composite PMI fell to its lowest level in 20 months
OPEC agreement on output cut sent oil prices higher
WTO cut 2016 trade growth forecast by more than a third
GDP growth in Ghana and Rwanda slowed in Q2
WEEKLY INSIGHT
What is the Current Balance of Risks to Global Growth?
Uncertainty surrounding global growth forecasts has increased since January 2016, and is above the historical median. Upside risks have decreased while downside risks have increased, suggesting that global growth outturns are likely to lie below the current forecast points in both 2016 and 2017.
Source: World Bank