Global ETF News Older than One Year
DECPG Global Weekly
April 6, 2018--Taking Stock
U.S. non-farm job growth slowed in March; March PMI eased slightly. U.S. non-farm payrolls increased by 103,000 in March, well below market expectations. February's non-farm payrolls were revised up from 313,000 to 326,000.
The labor force participation rate edged down to 62.9 percent, while the unemployment was stable at 4.1 percent in February (Figure 1). Average hourly earnings rose 2.7 percent (y/y), slightly up from 2.6 percent in February. Separately, the U.S. Institute for Supply Management (ISM) service purchasing managers' index (PMI) fell to 58.8 in March from 59.5 in February. The ISM manufacturing PMI also dropped in March, to 59.3 (Figure 2), although the reading remains consistent with robust growth.
Source: World Bank
Will geopolitical factors have an effect on oil prices?
April 5, 2018--The trade war was expected to bring prices up these past few weeks, especially for oil.
But according to UAE's Energy Minister, Suhail Al Mazrouei, this might, in fact, be very unlikely.
"It may affect the cost of drilling, the cost of completion, but I think overall the effect is going to be minor to the oil prices," and added, "I’m not that concerned about a trade war getting to the oil market."
Source: ameinfo.com
IOSCO issues recommendations to improve regulatory reporting and transparency in corporate bond markets
April 5, 2018--The Board of the International Organization of Securities Commissions (IOSCO) published today its recommendations for improving the information on secondary corporate bond markets available to both regulators and the public.
The recommendations seek to ensure that regulators have better access to information so they can perform their functions more effectively, and to enhance cross-border information sharing and understanding. The transparency recommendations aim to support the price discovery process and facilitate better informed investment choices.
Losses were fairly evenly spread across major regions, though Australia's S&P/ASX 200 under performed, with the gross return index down 3.6%-hurt by further concerns in the banking sector arising from the Royal Commission and weaker iron ore prices denting resource stocks.
Source: BetaShares
Gold heading to $1 400 as Sprott sees 'winnerless' trade war
Bullion could top $1 400 an ounce in 2018 as escalating trade tensions drive investors to havens and the three-decade bull market in bonds nears an end, said Rule...
Source: FIN24
Investors nurse $10m losses on LongFin index mistake
Source: FT.com
April 3, 2018--Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott US Holdings, who's been involved in the market for four decades.
April 3, 2018--On February 14, FTSE Russell decided it would include LongFin in its Russell 2000 and 3000 indices, groupings of small and medium-sized companies used as benchmarks for passive investment products, including exchange traded funds.
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