IMF Regional Economic Outlook for Europe: A Recovery Short of Europe's Full Potential
October 24, 2024--Europe's economy is recovering, benefiting from a strong crises' response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth-a result of limited scale and business dynamism-amid new headwinds from fragmentation and climate change are holding back growth potential. |
Steady macro policies are needed to navigate an uncertain environment. This requires transitioning to a neutral monetary policy stance and reducing fiscal deficits without jeopardizing the recovery. Policymakers also need to tackle barriers to higher potential growth. A larger and more integrated single market for goods, services, and capital will incentivize investment, innovation, and generate scale benefits. Deepening European integration will also strengthen economic resilience by insulating businesses and labor markets from global fragmentation pressures. These are formidable policy challenges, but now is the time to bring Europe to its full potential. |
DeFi Technologies' Subsidiary Valour Expands Offerings with First-Ever Valour Bittensor (TAO) SEK ETP in the Nordics on Spotlight Stock MarketOctober 30, 2024--Introduction of Valour Bittensor (TAO) SEK ETP: DeFi Technologies' subsidiary Valour Inc. has launched the Valour Bittensor (TAO) ETP on Sweden's Spotlight Stock Market,marking the first Bittensor ETP in the Nordics and expanding its suite of digital asset products with this cutting-edge decentralized machine learning asset. With a market cap of $3.9 billion,TAO ranks #25 among digital assets globally. |
BlackRock scraps ESG multi-asset income fund due to low assetsOctober 30, 2024--BlackRock has decided to call time on an ESG-focused multi-asset income fund just before its three-year anniversary due to limited investor interest, Citywire Selector has learned. |
WisdomTree Merger-UK Equity Income in to UK Quality Dividend Growth-De-listing noticeOctober 24, 2024--The Directors of the ICAV wish to announce that they have applied to the London Stock Exchange to delist the shares of WisdomTree UK Equity Income UCITS ETF (ISIN: IE00BYPGTJ26), being a Sub-Fund of the ICAV. |
Citigroup unveils plan to power active ETF surge in EuropeOctober 24, 2024--The US bank plans to capitalise on its wide range of in-house services with white-label platform
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New on Xetra: Franklin Templeton equity ETFs offer access to emerging marketsOctober 23, 2024--Since Wednesday, two new exchange-traded funds issued by Franklin Templeton have been tradable via Xetra and Börse Frankfurt.
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New on Xetra: Active ETFs from Fidelity offer access to high-yield euro and US dollar corporate bonds with a rating below investment gradeOctober 23, 2024--Since Wednesday, three new Active Exchange Traded Funds issued by Fidelity have been tradable via Xetra and Börse Frankfurt.
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ETFGI reports a record 1,426 new products listed during the first 9 months of 2024 in the global ETFs industryOctober 24, 2024--ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research and annual events on trends in the global ETFs industry, ETFGI reports a record 1,426 new products listed during the first 9 months of 2024 in the global ETFs industry. |