Global ETF News Older than One Year
Russia Gets Very Serious On De-Dollarizing
June 6, 2015--Russia is about to take another major step towards liberating the Ruble from the Dollar System. Its Finance Ministry just revealed it is considering issuing Russian state debt in Chinese Yuan.
That would be an elegant way to decouple from the dependence and blackmail pressures from the US Treasury financial terrorism operations while at the same time strengthening the bonds between China and Russia-Washington's worst geopolitical nightmare.
Source: emergingequity.org
Lyxor AM to launch RQFII China bond ETF
June 5, 2015--Lyxor AM says it will use part of its new Rmb6 billion quota to launch a China bond ETF, after it became the largest RQFII holder in France.
It also plans to revamp its Asia product range over the summer.
Source: Asian Investor
Assets invested in the global ETF/ETP industry broke through the 3 trillion US dollar milestone at the end of May according to ETFGI
June 5, 2015--Assets invested in ETFs/ETPs listed globally broke through the US$3 trillion milestone at the end of May to reach a new record of US$3.015 trillion in assets under management (AUM), according to ETFGI's preliminary monthly ETF and ETP global insight report for May 2015.
At the end of May 2015, the global ETF/ETP industry had 5,757 ETFs/ETPs, with 11,117 listings, from 256 providers listed on 62 exchanges in 51 countries.
Source: ETFGI
The BNY Mellon-Consultant 360-Volume II 2015
June 5, 2015--The BNY Mellon-Consultant 360-Volume II 2015 is now available.
view the The BNY Mellon-Consultant 360-Volume II 2015
Source: BNY Mellon
DECPG Global Weekly
June 5, 2015--Taking Stock
U.S. labor market showed robust growth in May. Total nonfarm payroll employment rose by 280,000 in May, more
than expected, while the unemployment rate edged up slightly to 5.5 percent. The gains centered on professional and
business services, leisure and hospitality, and health care. The participation rate was broadly stable, at 62.9 percent.
Greece delayed loan repayment to IMF. Greece informed the IMF that it will not make the scheduled €
300 million loan repayment due this Friday. Following a procedure under IMF rules, the Greek government intends to bundle all the loan repayments due in June, totaling €1.6 billion, and make the payment at the end of the month.
Eurozone inflation rose to a six-month high in May, while the composite PMI edged down slightly. Concerns about deflation in the Eurozone receded as consumer price inflation accelerated to 0.3 percent in May (y/y), from zero percent in April (Figure 1), led by price increases in services. Core inflation, excluding energy and food, accelerated from 0.6 percent to 0.9 percent. Meanwhile, the Markit composite output index for the Eurozone came in at 53.6 in May, down from 53.9 in April. A reading above 50 denotes expansion in the sector. Private sector growth slowed modestly due to slower rates of expansion in output and new business.
Source: World Bank
Emerging Markets: The Philippines
June 5, 2015--Once known as "the sick man of Asia," the Philippines is still being touted by many as the country in the ASEAN region in which to invest, even though the Philippine GDP dropped to 5.2% in the first quarter 2015 from 6.6% in the fourth quarter 2014.
The drop was due to a sharp decrease in exports and government spending on infrastructure projects.
The Philippines is the world's largest producer of coconuts and pineapples, and 42% of their exports are electronic goods sent mainly to Japan, the US and China, in that order.
Source: Peter Kohli of DMS for Nasdaq.com
FTSE SET Index Series Semi-Annual Review June 2015
June 5, 2015--FTSE announces the following semi-annual changes to the FTSE SET Index Series.
The changes will be applied after the close of business on Friday, 19 June 2015 and will be effective on Monday, 22 June 2015.
Source: FTSE
ETF Securities Precious Metals Monthly-Consolidation or Foundation?
June 5, 2015--Consolidating or forming a foundation?
Led by silver, divergent strength remains the 2015 story in the
precious metals (PMs) market. Divergent, because gold and silver
have remained resilient in an environment that many analysts would
consider bearish.
In terms of the Euro currency, year-to-date (YTD) gold ended May with a gain of 10.6%, emphasizing the currency influence effect of many central banks increasing liquidity. Gold and silver are likely building a foundation for recovery. The question most investors appear to be asking is what catalyst(s) might be necessary for the PMs to rally, or falter? The consensus is the Federal Reserve (Fed) will be tightening soon. If so, then the consensus should be expecting an improvement in US economic conditions, as the Fed is predicting.
Source: ETF Securities Research
Swiss, Scandinavian Exchanges Widen Access to Clearing Options
June 5, 2015--SIX Swiss Exchange and Nasdaq OMX Group Inc.'s Nordic exchanges are widening the clearing options available to their customers, a move proponents say will increase competition and lower prices.
SIX will allow European Central Counterparty NV to clear trades on the Swiss stock market, according to a statement on Thursday. Trading parties will be able to choose from EuroCCP and the existing clearing firms LCH.Clearnet Ltd. and SIX x-clear AG.
Source: Bloomberg
BATS Reports Continued Strong Market Share in May; Second-Best Month for U.S. Options Business, 21.2% U.S. Equities Market Share
Reports 24.4% European Equities Market Share, Hotspot Reports ADV of $26.8 Billion
June 4, 2015--BATS Global Markets (BATS) today reported May data and highlights including the company's best market share month since October 2013 in European equities and the second-best month in U.S. options.
BATS reported 9.7% market share in U.S. options, up from 3.8% one year ago. In U.S. equities, BATS reported market share of 21.2%, its third-best month on record, while BATS remained the #1 U.S. market for exchange-trade fund (ETF) trading in May, executing 26.1% of all ETF trading volume.
Source: BATS Global Markets
