Global ETF News Older than One Year
STOXX Changes Composition of Benchmark Indices
November 24, 2015--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.
Source: STOXX
The case for why gold may finally be nearing a bottom
November 24, 2015--With gold trading near its lowest level since early 2010 and on track to log a third straight year of losses, it's apparent that sentiment toward the precious metal is bearish, but that doesn't mean that prices are destined to see a sustained move lower.
George Milling-Stanley, head of gold investment strategy at State Street Global Advisors, said gold should find solid support around $1,050 an ounce-the bottom end of its recent trading range.
Source: MarketWatch
CPMI-IOSCO consultative paper Guidance on cyber resilience for financial market infrastructures
November 24, 2015--The Committee on Payments and Market Infrastructures (CPMI)1 and the Board of the International Organization of Securities Commissions (IOSCO)2 today released the consultative paper Guidance on cyber resilience for financial market infrastructures ("the Cyber Guidance").3
view the Consultative report-Guidance on cyber resilience for financial market infrastructures
Source: IOSCO
ETF Securities-Commodity ETP Weekly-Divergent flows following further price falls
November 23, 2015--Falling prices drove bargain-hunting inflows in to oil and PGMs while testing investors' patience in gold and copper.
Continued weakness in oil prices are likely to put oil and gas companies under further pressure for more production and expenditure cuts which bodes well for the global oil market to rebalance as early as next year.
Pressure on precious metals will remain until the Federal Reserve meeting in mid-December. However, the typical "buy on the rumour, sell on the news" investor behavior, could benefit the metal after the move is made.
Source: ETF Securities
CPMI report on digital currencies
November 23, 2015--The Committee on Payments and Market Infrastructures (CPMI)1 today released its report on Digital currencies.
Innovations in the payments domain can have important implications for the safety and efficiency of the financial system and thus are monitored by many central banks.
In this regard, Benoît Cœuré, Chairman of the CPMI, said: "Digital currencies and distributed ledgers are innovations that could have an impact on many areas, not only on payment systems and services. Even if today's schemes do not endure in their present form, it is likely that other products, services and business models based on the same underlying technology will continue to emerge and develop. This might lead to changes in the way that FMIs and other market participants operate."
view the Digital currencies report
Source: BIS
Pfizer, Allergan $160 bln deal forms world's largest drugmaker
November 23, 2015--Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world's largest drugmaker.
It's also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially millions each year in US taxes.
Source: Today's Zaman
Infographic-The Bitcoin Universe Explained
November 25, 2015--This infographic explains the wide ranges of the Bitcoin universe, accompanied with quotes from some of its best-known business leaders.
Source: visualcapitalist.com
State Street Global Advisors-Weekly Market Report
November 20, 2015--This Week's Highlights
Economies
Inflation picks up slightly in the US and Eurozone; it stabilizes
in Canada. Deflation persists in the UK. Manufacturing improves
in the US but remains subdued in Canada. Retail sales retreat
in Canada and the UK. Japan is back in recession. Wage growth
remains anemic in Australia.
Markets
Financial markets took the Paris tragedy in stride. Equities rose
across the board on expected ECB easing that also compressed bond yields. The euro weakened. Oil stabilized late week just as gold losses widened.
Next Week's Highlights
Spotlight
The second read on Q3 US GDP should paint a brighter picture of recent economic activity. The UK economic expansion likely continued in Q3. Consumer sentiment will probably take a hit in Europe. Japanese inflation may finally be inching higher.
Source: spdru.com
MSCI moves to bring China's American-listed stocks into global indices
November 20, 2015--Chinese stocks are about to become a bigger part of the global investor's portfolio. And there is more coming.
China is a huge part of the global economy, but a good part of China's stock market is not represented on any of the global indices. Starting Dec. 1, MSCI, one of the leading index providers in the world, will include all 14 U.S.-listed China stocks in its indices, including Alibaba and Baidu.
Source: CNBC
Blackrock fund Global Ascent to be wound down
November 19, 2015--Blackrock, the world's largest asset manager, is shuttering another of its macro funds, citing headwinds facing the industry.
The Global Ascent Fund, which makes bets on stock, bond and currency markets, will return money to investors.
Source: cityam.com
