Global ETF News Older than One Year
ETF Securities sees inflows of over $1 billion into Commodity products since January 2016
February 10, 2016--ETF Securities, one of the world's leading, independent providers of Exchange Traded Products (ETPs), has announced record YTD net inflows of over $1 billion since 1 January 2016.
Highlights include $720 million into gold linked ETPs (99% into physically backed ETPs) and over $320 million into oil linked ETPs. Yesterday, Tuesday 9 February, ETF Securities saw its highest ever one day net inflow, of $345 million into its gold linked ETPs.
Source: ETF Securities
IMF Survey-When National Cycles Coincide: Tracking Global Recessions and Recoveries
February 9, 2016--2009 recession the most devastating since 1960, says multimedia book
Understanding global business cycles necessary to mitigate negative effects
Policies need to inspire confidence, not be a source of uncertainty
The world has experienced four global recessions since 1960. In a new multimedia book, two economists track what drives the global economy into and out of a recession.
"The bottom line is that a global recession hits everybody at the same time. That is why in the current fragile growth environment, it is especially critical for policymakers to understand where we are in the global cycle," says co-author Ayhan Kose in an interview with IMF Survey.
Source: IMF
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
