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
It's Back to the Future as Women's Pay Finally Equals Men's...From 2006
November 18, 2015--Despite an additional quarter of a billion women entering the global workforce since 2006, wage inequality persists, with women only now earning what men did a decade ago, according the Forum's Global Gender Gap Report 2015.
The global gender gap across health, education, economic opportunity and politics has closed by only 4% in the past 10 years, with the economic gap closing by just 3%, suggesting it will take another 118 years to close this gap completely.
Is education failing women? The gap has widened in 22% of surveyed countries since 2006 and, while more women than men are enrolling at university in 97 countries, women make up the majority of skilled workers in only 68 countries and the majority of leaders in only four.
view the The Global Gender Gap Index 2015
Source: WEF (World Economic Forum)
LSE CEO Rolet Sees Need for Only a Few Global Exchange Operators
November 18, 2015--The global exchange industry is a work in progress, according to London Stock Exchange Group PLC Chief Executive Officer Xavier Rolet.
Rolet said that more consolidation is coming in the industry, and will only leave a handful of major exchange operators in the world, likely from the U.S., China and Europe.
Source: Bloomberg
Successful market launch of CEINEX
Launch ceremony with Chinese ambassador and the CEOs of SSE and Deutsche Börse
November 18, 2015--China Europe International Exchange (CEINEX), the joint venture of Shanghai Stock Exchange (SSE), Deutsche Börse and China Financial Futures Exchange (CFFEX) was successfully launched today in Frankfurt.
First trades have already taken place in the first hours of market operations.
Source: Deutsche Börse
Infographic-The Collapse of Commodities in One Simple Chart
November 18, 2015--This chart from Macquarie puts the year in perspective for commodity investors. It covers various asset classes including equities, FX markets, bonds, and commodity prices, and charts them YTD in terms of US dollars and expressed as a percentage.
For a simple chart, there is a lot of information here to consider.
For starters, on the far right is the prime culprit in stymying commodity markets: the Dollar Index. The US dollar, which commodities are priced in, has had a big year with close to a 10% return YTD. While the US economy is still suspect at best, it has served as a safe haven for investors this year over markets such as Europe, China, and Japan. As a result, the USD has had the best performance of all of these asset classes listed on the chart.
Source: visualcapitalist.com
Basel Committee's interim impact analysis of its fundamental review of the trading book
November 18, 2015--The Basel Committee on Banking Supervision has today published the results of its interim impact analysis of its fundamental review of the trading book.
The report assesses the impact of proposed revisions to the market risk framework set out in two consultative documents published in October 2013 and December 2014. Further revisions to the market risk rules have since been made, and the Committee expects to finalise the standard around year-end.
view the BIS-Fundamental review of the trading book-interim impact analysis
Source: BIS
Franklin Templeton Investments Appoints Head of Global Exchange Traded Funds
November 17, 2015--Franklin Templeton Investments today announced that Patrick O'Connor has joined the firm as Head of Global Exchange Traded Funds (ETFs).
In this new role, O'Connor will focus on shaping and developing the firm’s ETF capabilities. He will be based in San Mateo, California, and will report to Jenny Johnson and Vijay Advani, co-presidents of Franklin Resources, Inc.
Source: Franklin Templeton