JPMorgan Cuts Economic Growth Forecast For 21 Of 22 Emerging Markets For 2016
January 5, 2016--Twenty-one of the largest 22 emerging market economies that are tracked by JPMorgan have had their economic growth forecasts cut in its 2016 consensus economic growth forecast.
Of the total 22 emerging market countries tracked by JPMorgan, the Czech Republic was the only exception, whose economic growth is forecasted to stay flat.
Source: emergingequity.org
Index heavyweights square up with business booming
January 5, 2016--Equity index providers have been busy launching new products and announcing tie-ups following a surge in popularity for exchange-traded index derivatives.
We look at the new landscape following this period of growth.
Source: thetradenews.com
PIMCO Source ETF first actively managed ETF offered on Fidelity fundsnetwork
January 4, 2016--Source, one of the largest providers of Exchange Traded Funds (ETFs) in Europe, is delighted to announce that Fidelity FundsNetwork (FFN) will now offer the PIMCO Sterling Short Maturity Source UCITS ETF on its online investment platform.
The £121 million fund is actively managed and distributes income on a monthly basis. Dominic Clabby, Head of UK IFA at Source, said
Source: Source
Average daily volume approximately 9.0 million contracts
January 4, 2016-In 2015, the international derivatives markets of Deutsche Börse Group, recorded a turnover of approximately 2.3 billion contracts (2014: 2.1 billion contracts).
The total volume for 2015 splits into 1.7 billion contracts traded at Eurex Exchange (2014: 1.5 billion) and 599.8 million contracts traded at the International Securities Exchange (ISE) (2014: 607.4 million).
Source: Eurex
Infographic-Timeline: How the Global Economy Played Out in 2015
January 4, 2016--Many people start a new year with renewed optimism. However, the reality of each new year is not so detached from the previous.
That's why on the first trading day of 2016, optimism in the markets was short-lived as news out of China was quick to spook investors.
Chinese manufacturing continued to contract for the 10th month in a row in December.
Source: visualcapitalist.com
IMF Survey-The Global Economy in 2016
January 4, 2016-Top goal: a sustainable path for global growth
Emerging markets, developing economies face tougher conditions
Geopolitical tensions magnify economic challenges
The global economy in 2015 saw some economies strengthen, while others-particularly emerging and developing economies-were squeezed by plummeting commodity prices and by tightened financial conditions.
The IMF marked some big changes in 2015 as well: the U.S. Congress passed the 2010 quota reform and China's currency, the yuan, was added to the IMF's basket of official currencies.
Source: IMF
11 major global events to follow in 2016
January 4, 2016--From the lifting of the Iran sanctions, to the elections in the United States, here are the major global events that could shape the new year
1. Sanctions on Iran to be lifted: The oil and financial sanctions on Iran are expected to be lifted within the first three months of 2016 and, once they are, many businesses could be affected or could be offered many new opportunities with the Iranian market
2.FIFA's new president: Earlier this year, FIFA president Sepp Blatter was banned from soccer for eight years after he allegedly made a payment of $2.1 million to the head of the governing body of European soccer, UEFA.
3. Asia Infrastructure Investment Bank opens: The China=backed Asian Infrastructure view more
Source: AMEinfo
Nasdaq Maintains New Listings Leadership For U.S. Market In 2015-Highest Number Of U.S. IPO listings And Exchange Listing Transfers For Third Consecutive Year
January 4, 2016--Highest number of U.S. IPO listings and exchange listing transfers for third consecutive year
New Listings In 2015 Include Atlassian, Blue Buffalo, CSX, KraftHeinz, Match Group, PayPal, T-Mobile US And TD Ameritrade.
Nasdaq (Nasdaq:NDAQ) welcomed 275 new listings, including 143 initial public offerings (IPOs) raising $16.6 billion, to the Nasdaq Stock Market in 2015. The IPOs that chose Nasdaq as their listing venue represent 73 percent of IPOs in the U.S. Of the top 100 best performing IPOs of 2015, 74 percent-including 8 of the top 10-listed on Nasdaq.
Source: Nasdaq.com
US ETF Flash Flows-December 2015
January 4, 2016--Bulls. Bears. and Sheep
2015 was the Year of the Sheep according to the Chinese zodiac, but in terms of returns it may have been a wolf in sheep's clothing as the average level of the VIX Index reached levels not seen since 20111.
Major themes such as a potential Grexit, China's economic transition, a strengthening U.S. dollar, the decline in oil prices, and the Federal Reserve’s desire to get off the zero bound at a time when most other central banks are easing policy left investors in a fragile state, concerned that the six year bull market may be ending.
Source: State Street Global Advisors
Global ETF industry grabs record cash in 2015: BlackRock
January 3, 2016--Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock Inc (BLK.N) said on Sunday, setting a new record for the industry.
BlackRock said its own haul of $130 billion in new money also set a record in global flows for its iShares ETF business, surpassing the previous annual record set in 2014, when investors added $103 billion in new money to the funds.
Source: Reuters