Global ETF News Older than One Year
IMF Working paper-Structural Reforms and Productivity Growth in Emerging Market and Developing Economies
February 9, 2016--Summary: This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework.
It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short-and medium-term.
Source: IMF
IEA releases Oil Market Report for February
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline
February 9, 2016--Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in 2015, global oil demand growth is forecast to ease back considerably in 2016, to 1.2 mb/d, pulled down by notable slowdowns in Europe, China and the United States, the newly released IEA Oil Market Report (OMR) for February informs subscribers.
Early elements of the projected slowdown surfaced in the last quarter of 2015.
Source: IEA
Investing in the Rise of the New Spending Class
February 9, 2016--It's no secret that the world has been a little down on China.
The world's most populous country has been the primary engine of economic growth for decades, but recently investor optimism around China has diminished significantly.
Source: visualcapitalist.com
Composite Leading Indicators (CLI), OECD, February 2016
Mixed outlook across major emerging economies but stable growth momentum in the OECD area
February 8, 2016--Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to signal a mixed outlook across major emerging economies and stable growth momentum in the OECD area.
The CLIs for Brazil and China confirm the tentative signs of stabilisation flagged in last months' assessment. In India, the CLI points to firming growth while aloss in growth momentum is anticipated in Russia. view more
Source: OECD
The World's Most Famous Case of Deflation (Part 1 of 2)
February 5, 2016--The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money.
The Great Depression was the most severe economic depression ever experienced by the Western world.
It was during this troubled time that the world's most famous case of deflation also happened. The resulting aftermath was so bad that economic policy since has been chiefly designed to prevent deflation at all costs.
Source: visualcapitalist.com
Infographic-Oil is Dirt Cheap...Literally
A barrel of oil is the same price as a barrel of "Scott's Turf Builder"
February 5, 2016--In theory, a barrel of crude oil seems quite valuable.
It's well-known, for example, that from one barrel of oil, a refinery can make 19 gallons of gasoline, 12 gallons of diesel, and four gallons of jet fuel.
That's the equivalent of six billion joules of energy, or enough to power the average U.S. household for 1.8 months.
Source: visualcapitalist.com
STOXX Launches Comprehensive Family Of Low Carbon Indices
February 4, 2016--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced the STOXX Low Carbon index family. The new index family consists of four sub-families which offer varying degrees of carbon exposure to enable market participants to limit the exposure of their portfolios to carbon risk while participating in the low-carbon economic growth.
The STOXX Low Carbon index family is designed to act as an underlying for exchange-traded funds and other investable products, such as structured products and derivatives; and as benchmark for passive and active investment strategies.
"Reducing carbon emissions is a global objective, and market participants look for fully tailored solutions to decarbonize their portfolios to address long-term climate risks, while participating in the sustainable growth of a low-carbon economy. One of their main challenges in this process is high-quality data that makes granular analysis of companies' carbon footprint and climate impact through the entire supply chain possible," said Hartmut Graf, chief executive officer, STOXX Limited.
Source: STOXX
Deutsche Borse launches new XDAXDAX index
Index covers full trading hours of the derivatives market
February 3, 2016--Deutsche Börse has added the XDAXDAX index to its DAX index family. The new index will enable customers to use just one index as an underlying for their products that are linked to the performance of DAX before, during or after Xetra trading hours. Issuers previously had to use both the DAX and XDAX indices for this purpose.
XDAX trading data is used to calculate the XDAXDAX during pre-and post-trading hours; as soon as calculation of the DAX index begins, the XDAXDAX runs on the basis of these values.
Source: Deutsche Börse
Nasdaq wins Australian equities clearing deal
February 3, 2016--Australia's main stock exchange is planning to use tried-and-trusted systems to upgrade equities clearing, even as it explores transferring the operation on to emerging blockchain technology.
ASX has signed a deal for Nasdaq, the US operator, to upgrade the Sydney group's equities clearing platform and will roll out the project as it tries to create a workable system for settlement.
Source: FT.com
Infographic-The Slowdown in Venture Capital Deals is a Cause for Concern
February 3, 2016--Last year, the market for venture capital soared to new heights. A record amount of money was raised, with global funding for VC-backed companies reaching $128.5 billion, a 44% jump from 2014.
However, this impressive annual data doesn't show the whole picture. The fact of the matter is that the flow of venture capital deals peaked mid-year, and then began to disintegrate in the autumn.
Source: visualcapitalist.com
