Global ETF News Older than One Year
OPEC-Monthly Oil Market Report-November 2015
November 10, 2015-Oil market highlights
Crude Oil Price Movements
The OPEC Reference Basket rose 19¢ to average $45.02/b in October, the third month in a row around this level. Crude oil futures increased at a faster pace with ICE Brent increasing 75¢ to $49.29/b and Nymex WTI gaining 82¢ to stand at $46.29/b.
Speculator net length declined as short positions increased. The Brent-WTI spread narrowed to average close to $3/b in October.
World Economy
World economic growth remains modest at 3.1% in 2015, mainly due to a continued slowdown in emerging and developing economies, as well as low US growth in the third quarter, and global economic growth is expected to improve to 3.4% in 2016. US growth has been revised to 2.4% in 2015 and 2.5% in 2016, while total OECD growth remains at 2.0% for 2015 and 2.1% for 2016. Figures for China and India remain unchanged at 6.8% and 6.4%, and 7.4% and 7.6%, respectively.
Source: OPEC
Rapid, Climate-Informed Development Needed to Keep Climate Change from Pushing More than 100 Million People into Poverty by 2030
November 8, 2015--New World Bank report highlights the acute threat of climate change to poor people.
This threat can be contained through rapid and inclusive development that takes into account climate change, targeted adaptation measures, and emissions reductions efforts that protect the poor.
Without such action, it warns climate change could push more than 100 million additional people back into poverty by 2030. A new World Bank report shows that climate change is an acute threat to poorer people across the world, with the power to push more than 100 million people back into poverty over the next fifteen years. And the poorest regions of the world – Sub-Saharan Africa and South Asia – will be hit the hardest.
view the Shock Waves: Managing the Impacts of Climate Change on Poverty report
Source: World Bank
Infographic-Millennials on Investing, Debt, and Banking
November 6, 2015-Surveys reveal Millennials to have conflicting views on financial matters.
Millennials are the most confident generation regarding their financial future. In fact, recent survey results show that 65% of Millennials feel confident about their future finances, compared to 52% of Gen X, 50% of Baby Boomers, and 59% of the Silent Generation.
This is not a surprising find. as one of the defining traits of the Millennial group is high self-confidence.
The problem is that this confidence seems to conflict with other survey findings.
In reality, it looks like many Millennials could still have a steep learning curve ahead of them in the financial realm.
Source: visualcapitalist.com
IMF Working paper-Inflation and Activity-Two Explorations and their Monetary Policy Implications
November 6, 2015--Summary: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis.
Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Source: IMF
Haircut floors for non-centrally cleared securities financing transactions published by the Basel Committee
November 5, 2015--The Basel Committee on Banking Supervision has today issued for public consultation a proposal for incorporating the FSB's policy
framework for haircut floors for non-centrally cleared SFTs into the Basel III framework.
Source: BIS
Invesco puts the ETF man in charge
November 3, 2015--Sometimes coincidences can seem quite apposite. On the morning that Invesco Perpetual confirmed the leader of its global exchange-traded fund business as its new head of Europe, a survey of UK financial advisers was published, finding that four-fifths of them want more ETFs.
Andrew Schlossberg, formerly global head of ETFs and head of US retail at Invesco Perpetua's parent, Invesco group, is set to take over from Mark Armour as European chief at the start of 2016.
Source: Financial Times
MSCI To Start Adding Chinese ADRs To Its EM Indexes This Month
November 3, 2015--Global equity index provider MSCI is planning to add some overseas-listed Chinese stocks-known as American Depositary Receipts (ADR)-to its emerging markets (EM) indexes this month, which should lead to billions of dollars pouring into such stocks from
mutual funds and other investment companies and could eventually pave the way for mainland-listed stocks to find their way into...
Source: emergingequity.org
Infographic-How 5 Global Brands Use Renewable Energy
November 3, 2015--According to the Renewable Energy Policy Network, about 22.1% of the world's energy needs are satisfied by renewable energy. Hydro power accounts for most of this (16.4%) and the remainder (5.7%) comes from solar, wind, biomass, and other renewable sources.
While many governments are undertaking initiatives to keep the percentage share of renewable energy sources increasing, there are also some large global brands that are helping lead the charge to a greener economy.
Source: visualcapitalist.com
BIS-Information on global systemically important banks published by the Basel Committee
November 3, 2015--In conjunction with today's publication by the Financial Stability Board of the updated list of global systemically important banks (G-SIBs),
the Basel Committee on Banking Supervision has released further information.
This information includes:
a list of all the banks in the assessment sample;
the denominators used to calculate the scores for banks in the exercise;
the cutoff score that was used to identify the updated list of G-SIBs;
Source: BIS
Deutsche Borse and BSE India further strengthen strategic alliance
Deutsche Börse licenses three new BSE India market data products
November 2, 2015--Deutsche Börse Market Data + Services is further strengthening its partnership with BSE India (formerly known as Bombay Stock Exchange) by licensing three new BSE market data products.
The new "ultra" products deliver the full chain of pre-trade information and complete post-trade data.
Source: Deutsche Börse:
