Global ETF News Older than One Year
Stable dollar exchange rate masks ongoing renminbi slide
May 28, 2017--Chinese currency has fallen 2.5% against trade-weighted basket this year.
Source: FT.com
Chart: The Coin Universe Keeps Expanding Bitcoin's record year is just a part of the big story
May 26, 2017--Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike.
In fact, the innovation of the blockchain is changing entire markets, while causing ripples with central banks and the financial industry. At time of publication, the bitcoin price now hovers near US$2,200, a massive increase from this time last year.
Source: visualcapitalist.com
World Economic Forum-Global Pension Timebomb: Funding Gap Set to Dwarf World GDP
May 26, 2017--The world's six largest pension saving systems-the US, UK, Japan, Netherlands, Canada and Australia-are expected to reach a $224 trillion gap by 2050, a new study by the World Economic Forum shows
Adding in China and India, which have the world's largest populations, the combined savings gap for the eight countries reaches a total of $400 trillion by 2050, a sum five times the size of the current global economy
With the gap driven by longer lifespans and reduced levels of savings, the World Economic Forum recommends five measures to help economies avert a prolonged pensions crisis
view the World Economic Forum White Paper-We'll Live to 100-How Can We Afford It?
Source: WEF (World Economic Forum)
Machine-learning promises to shake up large swathes of finance
May 25, 2017--In fields from trading to credit assessment to fraud prevention, machine-learning is advancing
MACHINE-LEARNING is beginning to shake up finance.
A subset of artificial intelligence (AI) that excels at finding patterns and making predictions, it used to be the preserve of technology firms. The financial industry has jumped on the bandwagon.
Source: economist.com
Central bank Governors welcome global code of conduct for currency markets
May 25, 2017--The Governors of the Global Economy Meeting welcome the publication of the FX Global Code, a single global code for the wholesale foreign exchange market, as well as the establishment of the Global Foreign Exchange Committee to maintain the Code in the future.
This represents the culmination of a two-year collaborative initiative between central banks and private sector market participants from across the globe. The Code is voluntary and covers important areas including ethics, governance, execution, information-sharing, risk management and compliance as well as confirmation and settlement.
Source: BIS
US shale is a significant threat to OPEC deal
May 25, 2017--The growing optimism over big oil-producing countries extending output cuts to mitigate oversupply woes propelled WTI Crude to a fresh monthly high at $51.76 on May 18.
Although OPEC and Non-OPEC members have, on repeated occasions, exploited oil's sensitivity to generate speculative boosts in prices, this may come at a heavy cost if oil markets fail to rebalance.
Source: AMEInfo.com
Infographic-Emerging Markets Are Not All Created Equal
May 25, 2017--For most investors, targeting foreign countries where there are high expectations for growth is a useful strategy.
After all, in the United States, Canada, and Europe, economies are mostly growing at about 2% or less per year. And while these developed markets are less risky to invest in, finding value can be tricky.
Source: visualcapitalist.com
Initial coin offerings risk damaging your financial health
May 25, 2017--As the total value of bitcoins soars to $91bn, the hype surrounding ICOs is going into overdrive.
Source: FT.com
DECPG Global Monthly-May 2017
May 25, 2017--Monthly Highlights
Global growth was temporarily held back in Q1 by a slowdown in U.S. consumption, which is expected to recover in Q2.
Growth continues to firm in other major advanced economies and is gradually recovering in commodity-exporting emerging market and developing economies (EMDEs).
Capital inflows to EMDEs remained strong in May, supported by continued investor risk appetite.
Oil prices have risen since mid-May on the prospect of an extension of the OPEC/non-OPEC production cuts, which was confirmed at an OPEC meeting on May 25.
Source: World Bank
A Quant Program Is the Reason You Just Bought That ETF
May 25, 2017--At the exact moment a mom-and-pop investor considers buying bank stocks, an advertisement pops up on their desktop promoting a financials-focused fund.
The scenario isn't science fiction, it is BlackRock Inc.'s latest business plan.
Source: Wall Street Journal
