WGC-Investment Commentary: 2015 review and 2016 outlook
January 7, 2016--Gold was down in 2015 in US dollars but not in all currencies
The gold price fell by more than 11% in 2015 in dollar terms as the US currency strengthened across the board.
However, more than 90% of physical demand coming from outside the US. For all these non-dollar investors, it is the local price-and not the US dollar price-that matters most. During 2015, the non-US dollar price of gold has held up even moving up in some currencies.
view the World Gold Council Investment Commentary 2015 review and 2016 outlook
Source: World Gold Council
Anemic recovery in emerging markets to weigh heavily on global growth in 2016
Global economy to accelerate modestly to 2.9%
January 6, 2016--Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to the World Bank's January 2016 Global Economic Prospects.
Simultaneous weakness in most major emerging markets is a concern for achieving the goals of poverty reduction and shared prosperity because those countries have been powerful contributors to global growth for the past decade. Spillovers from major emerging markets will constrain growth in developing countries and pose a threat to hard-won gains in raising people out of poverty, the report warns.
view the Global Economic Prospects Spillovers amid Weak Growth January 2016
Source: World Bank
UBS: Give up on stocks this year and buy gold
January 5, 2016--2015 was a volatile year for the stock markets, and 2016 opened with a near obliteration of Chinese stocks on the first day back.
For this reason, equity salesmen Michael Riesner and Marc Müller at UBS told clients in a 39-page equity sales trading commentary
Source: businessinsider.com
New Smart Beta Factor in Emerging Markets
January 5, 2016--While near-term allocators to emerging markets may not be easy to find, the economic difficulties in emerging markets (EM) can function as a catalyst for rethinking how these markets can be accessed.
We're finding that investors may not want to take all of the risk factors inherent to an MSCI Emerging Markets Index, traditionally the "beta benchmark" for emerging market equity investments.
Source: WisdomTree
Infographic-It's Official: Bitcoin was the Top Performing Currency of 2015
January 5, 2016--For most investors, the major story of 2015 was the eventual fulfillment of a rate hike, signalling the start of tightening monetary policy in the United States.
This led to a strengthening dollar, and the greenback did indeed gain or stay on par with most currencies.
Source: visualcapitalist.com
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