OECD annual inflation rate slows slightly to 3.1% in November 2011
January 5, 2012--Consumer prices in the OECD area rose by 3.1% in the year to November 2011, compared with 3.2% in the year to October 2011. This easing in the annual rate of inflation mainly reflected the slower growth in energy prices, which increased by 11.7% in the year to November, down from 12.4% in the year to October.
Food prices remained unchanged at 4.2% in the year to November. Excluding food and energy, the annual inflation rate was stable at 2.0% in November.
Dow Jones-UBS Commodity Indexes End 2011 Lower As December Prices Fall On Concerns About Europe And China, Weather
January 4, 2012--The Dow Jones-UBS Commodity Index ended 2011 down 13.37% following a drop of 3.75% in
December – a month in which prices were pressured by sovereign debt concerns, signs of a cooling economy in major commodity consumer China, plus unseasonable weather in some
regions.
Despite a somewhat quiet ending to 2011, the potential for surprises in the commodities markets in early 2012 could be high. According to a December 20 Barclays Bank report, commodity market sentiment is likely to be heavily influenced by macro factors rather than
individual market dynamics. Key issues include the extent of progress toward a European sovereign debt solution, trends in China’s business confidence and property prices, whether or
not recent positive signs from the U.S. economy can be sustained, and how freely trade and inventory finance continues to flow in the commodity markets.
Dow Jones-UBS Commodity Indexes December 2011 Performance Report
January 4, 2012--The Dow Jones-UBS Commodity Index ended 2011 down 13.37%. The Dow Jones-UBS Single Commodity Indexes for gas oil, orange juice and brent crude had the strongest gains producing year-end returns of 19.41%, 18.75%, and 16.77%, respectively.
The three most significant
downside performing single commodity indexes in 2011 were cocoa, wheat and natural gas, which ended
the year down 32.41%, 34.02% and 47.13% respectively.
For December, the Dow Jones-UBS Commodity Index was down 3.75%. The Dow Jones-UBS Single Commodity Indexes for nickel, corn and wheat had the strongest gains with returns of 6.87%, 6.33%, and 6.31%, respectively. The three most significant downside performing single commodity indexes were zinc, silver and natural gas, which ended the month down 11.37%, 14.90%, and 16.32% respectively.
UN: Food prices may ease in 2012
January 3, 2011--Food prices may ease in 2012 due to a slowing global economy, though no drastic drop from high levels is expected, the new director general of the UN’s Food and Agriculture Organisation (FAO) said on Tuesday.
Jose Graziano da Silva, the Brazilian who replaced Senegal’s Jacques Diouf at the helm of the FAO at the start of 2012, said volatility in food markets was likely to continue.
“Prices will not be going up as in the sense of the last two to three years but will also not drop down. There may be some reductions but not drastic,” Graziano da Silva told a news conference in Rome.
BATS Global Markets Earns 25.4% European Market Share in December
BATS Now The Largest European Equities Market Operator - Also Earns 11.2% U.S. Equities Market Share
January 3, 2012--BATS Global Markets (BATS), a global operator of stock and options markets, today reported strong equities matched market share in both the U.S. and Europe.
BATS reported 11.2% U.S. equities matched market share compared to 9.5% a year ago. In Europe, BATS Europe and Chi-X Europe, which BATS is combining to form BATS Chi-X Europe, recorded consolidated market share of 25.4% compared to 22.6% a year ago. BATS Options reported 2.3% market share compared to 0.7% a year ago.
BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BATS BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities.
OCC Cleared Contract Volume Reached 4.6 Billion Contracts in 2011 for Record Year
January 3, 2012--OCC announced today that total cleared contract volume in 2011 reached 4,600,955,949 contracts, a 17 percent increase over the 2010 volume of 3,925,686,805 contracts. 2011 marked the ninth consecutive year of record volume for OCC and the first time cleared contract volume surpassed 4 billion contracts.
OCC ended the year with 322,408,712 cleared contracts in December, a 6 percent decrease from the December 2010 volume of 344,206,175 contracts.
Options: Exchange-listed options trading in December reached 320,324,954 contracts, down 6 percent from December 2010. Average daily options volume in 2011 was 18,106,144 million contracts, roughly 2.6 million contracts per day more than the daily average in 2010. OCC cleared 4,562,748,194 total options contracts in 2011, a 17 percent increase over 2010's annual cleared volume of 3,899,068,670 contracts.
Scoach remains Europe’s largest exchange for structured products
Consolidated trading volume of €62 billion/ Authorisation in Hong Kong highlights Scoach’s international character
January 3, 2011--Scoach achieved a trading volume of €62 billion in Zurich and Frankfurt in 2011, making it Europe's number 1. Its total offering of over 800,000 tradable products is actually the largest in the world.
Turnover in Frankfurt was €19.6 billion in 2011. This represented a year-on-year increase of 2.7 million executed transactions or 8.6 percent. 2011 saw the introduction of the Hong Kong dollar (HKD) as a trading currency, among other new developments. In the German market the number of products listed rose to 780,000 by the end of 2011 (a 50% increase year-on-year). Up to 6,000 securities are admitted to trading each day. These now newly include a growing number of collateral secured instruments (COSI) which minimise issuer risk for investors.
Turnover in the Swiss market rose by 30 percent in 2011 to CHF 52 billion (or €42.4 billion).
character
January 3, 2011--
Total trading volume at Eurex Group at 2.8 billion contracts in 2011
Average daily volume in 2011 approximately 11.1 million contracts – increase of 7 percent/ Eurex KOSPI Product with highest growth rate/ Eurex Repo with significant increase in 2011
January 3, 2011--The international derivatives markets of Eurex Group ended 2011 with a turnover of approximately 2.8 billion contracts, compared with 2.64 billion in 2010. The total volume for 2011 splits into 2.04 billion contracts traded at Eurex Exchange (2010: 1.9 billion) and 778.1 million contracts traded at the International Securities Exchange (ISE) (2010: 745.2 million).
This corresponds to a daily average trading volume of 11.1 million contracts (2010: 10.4 million), thereof 8.0 million contracts at Eurex Exchange and 3.1 million contracts at ISE.
At Eurex Exchange, the equity index derivatives segment was the largest in 2011 with a total volume of 954.7 million contracts (2010: 805.1 million). Derivatives on the EURO STOXX 50® index were the largest single product with 408.9 million futures and 369.2 million options.
Bulk of emerging nations struggle through 2011
January 2, 2011-It has been a torrid year for emerging markets and there have been few success stories. Amid fears of a global recession and huge volatility across markets, investors have fled many risky assets, including EM.
The MSCI Emerging Market index has fallen 21.5 per cent since January and there have been very few economies which have escaped that trend.
Financials hold key to Wall Street revival
January 2, 2011--Eurozone bank contagion fears, tougher capital rules and looming restrictions on trading and derivatives continue to cloud the outlook for US financials.
With healthy banks widely seen as essential to economic recovery, there is concern that US equities will struggle in 2012 unless financials break out of their deep slump.