Global ETF News Older than One Year


The Effects of Economic Shocks on Heterogeneous Inflation Expectations

July 1, 2022--Summary:
In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which influence the expected inflation distribution through disagreement, level shift and ambiguity.

Linking these functional shocks to economic shocks, we find that contractionary monetary shocks increase the average level of inflation expectation with anchoring effects, with a reduction in disagreement and an increase in the share of households expecting future inflation to be between 2 to 4 percent. Such anchoring effects are not observed when the high inflation periods prior to the Volcker disinflation are included. Expansionary government spending shocks have inflationary effects on both short and medium-run inflation expectations, while an increase in personal income tax shocks is inflationary for mediumrun. A surprise increase in gasoline prices increases the level of inflation expectations, but lowers the share of households with 2 percent inflation expectations.

view more

SOurce: imf.org


Central banks look to China's renminbi to diversify foreign currency reserves

June 30, 2022--Dollar's dominance could gradually decline as a result of geopolitical flare-ups, UBS survey shows

Central banks are looking towards the renminbi to diversify their foreign currency holdings in a sign that geopolitical flare-ups could chip away at the dollar's dominance.

view more

Source: ft.com


Greenhouse Emissions Rise to Record, Erasing Drop During Pandemic

June 30, 202--Emissions of carbon dioxide and other greenhouse gases plunged 4.6 percent in 2020, as lockdowns in the first half of the year restricted global mobility and hampered economic activity. Many hoped that this would mark the beginning of a more permanent shift downwards in emissions.

The latest data, however, dashed those hopes. As the Chart of the Week shows, annual global greenhouse gas emissions rebounded 6.4 percent last year to a new record, eclipsing the pre-pandemic peak as global economic activity resumed.

view more

Source: IMF.org


The inflation story differs across major economies

June 30, 2022--The return of inflation has touched off an unusual public debate among policymakers around the world, but there are important differences in inflation across economies that call for radically different policy responses. Inflation may be caused by a reduction in an economy's ability to supply goods and services, an increase in the demand for goods and services, or both. Reductions in supply appear to be widespread, but increases in demand are limited mainly to the United States and the United Kingdom.

Policies to increase supply are often hard to implement, but releasing oil and grain from official reserves can be a useful temporary measure. Tighter monetary and fiscal policies are needed to restrain demand, notably in the United States and the United Kingdom. So far, Japan has been the exception to the global pattern, with declines in demand and inflation. Continued easy monetary and fiscal policies are needed there.

view more

Source: piie.com


World Economic Forum-What next for travel and tourism? Here's what the experts say

June 30, 2022-- In 2020 alone, the travel and tourism sector lost $4.5 trillion and 62 million jobs globally.
But as the world recovers from the impacts of the COVID-19 pandemic, travel and tourism can bounce back as an inclusive, sustainable, and resilient sector.

Two experts highlight some of the key transformations in the sector going forward during the World Economic Forum's Our World in Transformation series.

The Travel & Tourism sector was one of the hardest hit by the COVID-19 pandemic, leaving not only companies but also tourism-driven economies severely affected by shutdowns, travel restrictions and the disappearance of international travel.

In 2020 alone, the sector lost $4.5 trillion and 62 million jobs, impacting the living standards and well-being of communities across the globe. Moreover, the halt in international travel gave both leisure and business travellers the chance to consider the impact of their choices on the climate and environment.

view more

Source:wef.org


COVID-19 Drives Global Surge in use of Digital Payments

June 29, 2022--Three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows
The COVID-19 pandemic has spurred financial inclusion-driving a large increase in digital payments amid the global expansion of formal financial services.

This expansion created new economic opportunities, narrowing the gender gap in account ownership, and building resilience at the household level to better manage financial shocks, according to the Global Findex 2021 database.

As of 2021, 76% of adults globally now have an account at a bank, other financial institution, or with a mobile money provider, up from 68% in 2017 and 51% in 2011. Importantly, growth in account ownership was evenly distributed across many more countries. While in previous Findex surveys over the last decade much of the growth was concentrated in India and China, this year's survey found that the percentage of account ownership increased by double digits in 34 countries since 2017.

view more

Source: worldbank.org


Rise of ETFs 'destabilising' emerging markets

June 27, 2022--Passive money most likely to be withdrawn during times of global stress, analysis finds
The explosive growth of index-tracking exchange traded funds has destabilised emerging economies, increasing their vulnerability to global shocks, according to economists at the Italian central bank.

Their analysis found that investment funds were far more likely than other sources of private sector funding, such as banks, insurance companies and pension funds, to withdraw funding from developing countries during global shocks.

view more

Source: FT.com


BIS Annual Economic Report-No respite

BIS Annual Economic Report-No respite June 26, 2022--Introduction
There is no respite for the global economy. Two years ago, it was shaken by the onset of the pandemic, as an overwhelming health crisis turned into an overwhelming economic crisis. While the after-tremors of the pandemic still reverberate, two new shocks hit home in the year under review: the unexpected resurgence of inflation and the tragic war in Ukraine.

Last year's Annual Economic Report (AER) raised the prospect of a bumpy pandexit; bumps have turned out to be a one-two punch.

These tumultuous events are bound to have far-reaching consequences. Are we perhaps witnessing a regime change, from a low- to a high-inflation regime? Is the global economy flirting with stagflation? And are we seeing signs of an end to the post-World War II globalisation era? Meanwhile, the crypto universe is in turmoil, reminding us that there are important developments in the monetary system that we cannot neglect.

On the macro front, policy is facing daunting challenges. In some ways, they are not new; but in others, they are unique. As Mark Twain quipped, "History does not repeat itself, but it often rhymes." The world economy experienced stagflation in the 1970s, following a shift away from a low-inflation regime. The new element is that, against the backdrop of historically low interest rates, debt levels- private and public- have never been as high. This is far from inconsequential. Moreover, the monetary and financial system is in the throes of the digital revolution. This, too, albeit in a different way, is far from immaterial.

view more

Source: BIS.org


WTO rolls out Trade Connectivity Heatmap to highlight bilateral trade between economies

June 23, 2022--The WTO is launching today (23 June) the Trade Connectivity Heatmap, a new visualisation tool designed to give a broad overview of the trade relationships between different economies across different product categories, with the possibility of honing in on data for bilateral product-by-product relationships.

Available via the WTO Stats Dashboard, the Heatmap utilises bilateral trade flow data from more than 180 economies aggregated into around 70 product groups. When a user selects an economy from the drop-down menu, a heatmap is generated. Each square tile represents a share of imports or exports sourced from, or destined for, the selected economy.

view more

Source: World Trade Organization (WTO)


The BIS presents a vision for the future monetary system

June 21, 2022--A monetary system based on central bank public goods, using a digital version of sovereign currency as its foundation, could foster innovation while safeguarding stability and security.
As part of a two-tiered monetary system, central bank digital currencies and fast payments systems could enhance efficiency and financial inclusion, while buttressing data privacy.

Recent turmoil in the crypto universe is a reminder of cryptocurrencies' financial vulnerabilities, but their deeper structural inadequacies have been apparent for some time, the report warns.

The Bank for International Settlements (BIS) today set out a blueprint for a future digital monetary system. In a special chapter of its Annual Economic Report 2022, the BIS said a system grounded in a digital representation of central bank money could combine innovation with essential attributes such as safety, stability, accountability, openness and efficiency. Such a system would be capable of adapting continuously to serve the public interest. This vision is built on the foundation of trust in central banks, with a digital version of sovereign currencies at its core.

view more

Source: bis.org


If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.

Americas


June 30, 2025 Allspring Exchange-Traded Funds Trust files with the SEC
June 30, 2025 Northern Lights Fund Trust files with the SEC-Toews Agility Shares Hedged Equal Weight ETF and Toews Agility Shares Hedged-Qs ETF
June 30, 2025 Lazard Active ETF Trust files with the SEC-Lazard US Systematic Small Cap Equity ETF
June 30, 2025 WisdomTree Trust files with the SEC-WisdomTree Japan Opportunities Fund
June 30, 2025 J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan 100% U.S. Treasury Securities Money Market ETF

read more news


Europe ETF News


June 16, 2025 ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it
June 12, 2025 Janus Henderson launches active fixed income ETF
June 12, 2025 ifo Institute Raises Growth Forecast for Germany
June 10, 2025 ESMA publishes latest edition of its newsletter
June 06, 2025 Active ETF fever grips selectors-is the end in sight for mutual funds?

read more news


Asia ETF News


June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update
June 13, 2025 US trading firm Virtu weighs foray into China market-making business

read more news


Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

read more news


Africa ETF News


June 24, 2025 East Africa's regional 20 share index
June 16, 2025 African Credit Rating Agency to Launch September 2025
May 27, 2025 African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwinds

read more news


ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

read more news


White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

view more white papers