Infographic-Then and Now: Key Bitcoin Stats and Figures
July 11, 2016--On the weekend, the Bitcoin ecosystem reached an extremely important milestone.
Taking place roughly every four years, the "halving event" officially occurred on July 9, cutting the reward for mining a block in half. In this case, the reward went from 25 BTC to 12.5 BTC.
Source: visualcapitalist.com
Global ETF assets under management set to exceed $7 trillion by 2021
July 11, 2016--PwC expects accelerated growth in Exchange Traded Funds (ETFs) over the next five years, with global assets under management (AUM), expected to exceed $7 trillion by 2021.
A new report, 'ETFs: A roadmap to growth' predicts the market will achieve further significant growth through entering new markets, expanding distribution channels and asset classes.
Many ETF providers are expected to expand their global footprint and offer ETF products across borders to compete outside their domestic markets. PwC believes that, to be successful, firms will need to develop an understanding of local and global tax laws and regulations.
view the ETFs: A roadmap to growth
Source: PwC
World faces deflation shock as China devalues yuan at accelerating pace
July 8, 2016--China has abandoned a solemn pledge to keep its exchange rate stable and is carrying out a systematic devaluation of the yuan, sending a powerful deflationary impulse through a global economy already caught in a 1930s trap.
The country's currency basket has been sliding at an annual pace of 12pc since the start of the year.
Source: telegraph.co.uk
Infographic-The Epic Collapse of Deutsche Bank
July 8, 2016--A timeline showing the fall of one of Europe's most iconic financial institutions
It's been almost 10 years in the making, but the fate of one of Europe's most important financial institutions appears to be sealed.
After a hard-hitting sequence of scandals, poor decisions, and unfortunate events, Frankfurt-based Deutsche Bank shares are now down -48% on the year to $12.60, which is a record-setting low.
Lower oil prices are driving down investment and energy efficiency as Middle East producers gain market share, IEA says
July 7, 2016--Following up on World Energy Outlook 2015, which examined the potential impact of a prolonged period of lower oil prices on energy markets, an updated analysis from the International Energy Agency has confirmed that the current oil price environment has had a negative impact on oil investments, hurt energy efficiency and boosted the share of oil produced in the Middle East.
The latest data from the IEA showed that investments in the oil sector declined in 2015, and then again in 2016, the first consecutive two-year drop in three decades. The industry cut more than $300 billion in spending in two years, or 42 percent of the total, an unprecedented downturn, even taking into account significant reduction in costs. North America accounted for about half the drop.
Source: IEA
Nasdaq is Global Leader for New Listings in First Half of 2016
Welcomes record total of U.S. listing exchange transfers
Extends track record as leading U.S. exchange for total IPOs to 10 consecutive quarters
July 7, 2016--Nasdaq (Nasdaq:NDAQ) announced today that it welcomed a combined 176 new listings-including 68 initial public offerings (IPOs)-in the first half of 2016 to its U.S. and Nordic exchanges, maintaining its position as the leading global exchange venue.
This includes DONG Energy-the largest IPO of 2016 YTD across global exchanges..
Source: valuewalk.com
Infographic-The Industrial Internet of Things as the Next Big Growth Driver?
July 7, 2016--The Internet of Things (IoT) is often marketed as a consumer-based technology phenomenon that will combine the potential of low-cost sensors and big data with wide-scale internet connectivity.
The promise of this consumer-focused vision of IoT is to change how we interact with daily objects in our lives. When people talk about the IoT, they often bring up ideas such as the connected home, automobiles, or health -concepts that will change how we live on a personal level.
Source: visualcapitalist.com
Seven Countries Emerging as Frontrunners in the Fourth Industrial Revolution
July 7, 2016--The World Economic Forum's Global Information Technology Report 2016 finds seven countries are excelling when it comes to economically benefiting from investments in information and communications technologies
Worldwide, the report finds nations' capacity to innovate is increasing across the board, although few have been successful so far in translating these investments into meaningful economic or social impact
Singapore leads the report's Networked Readiness Index, followed by Finland, Sweden, Norway and the United States
Source: World Economic Forum
"There is no listed infrastructure asset class" New EDHECinfra study finds no diversification benefits from 22 different proxies of listed infrastructure equity
July 5, 2016-EDHEC Infrastructure Institute-Singapore (EDHECinfra) has released a new paper entitled
"Searching for a Listed Infrastructure Asset Class" establishing that listed infrastructure securities cannot be considered a unique asset class.
Using mean-variance spanning tests for 22 different proxies of listed infrastructure that were added to the portfolio of a well-diversified investor, the authors find no conclusive evidence of a "listed infrastructure asset class" that was not already spanned by a combination of capital market instruments and alternatives or a factor-based asset allocation. The study tests for such effects in global, US and UK markets, going back 15 years and also for any persistence before and after the global financial crisis of 2008.
Source: EDHEC Infrastructure Institute
Deutsche Borse to divest Market News International
July 5, 2016--Deutsche Börse AG and Hale Global have entered into an agreement regarding the sale of Market News International, Inc. (MNI), a leading provider of macroeconomic and markets intelligence for global fixed income and foreign exchange market professionals.
Details of the deal are subject to a confidentiality agreement.
Source: Deutsche Börse AG