Global ETF News Older than One Year
WGC-Gold: valuable reserve amid unprecedented policy environment
November 22, 2016--Unprecedented monetary policies (including quantitative easing and negative nominal interest rates) have had the unintended consequence of dramatically reducing the pool of investable assets available to reserve managers.
As central banks search for new investments, our analysis shows that gold compares extremely favourably to other traditional reserve assets with respect to safety, liquidity and return.view more
Source: World Gold Council (WGC)
BIS-Further details on the assessment of global systemically important banks
November 21, 2016--In connection with today's publication by the Financial Stability Board of the updated list of global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision has released further information related to the 2016 G-SIB assessment.
The information includes:
a list of all the banks in the assessment sample
the denominators of each indicator used to calculate the banks' scores
the cutoff score that was used to identify the G-SIBs in the updated list
the thresholds used to allocate G-SIBs to buckets for the purpose of calculating the specific higher loss absorbency requirements
Source: BIS
World Bank Raises 2017 Oil Price Forecast
OPEC agreement to limit production seen sending prices higher
October 20, 2016--The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel as members of the Organization of the Petroleum Exporting Countries (OPEC) prepare to limit production after a long period of unrestrained output.
Energy prices, which include oil, natural gas and coal, are projected to jump almost 25 percent overall next year, a larger increase than anticipated in July. The revised forecast appears in the World Bank's latest Commodity Markets Outlook. Oil prices are expected to average $43 per barrel in 2016, unchanged from the July report.
view the Commodity Markets Outlook-OPEC in Historical Context-October 2016
Source: World Bank
LSE buys data firm to boost FTSE Russell index business
November 20, 2016--US-based Mergent provides data that can be used to build smart beta and custom indices.
Source: Financial News
Saudi energy minister urges OPEC to cut oil output to 32.5m bpd
November 17, 2016-- OPEC has agreed to cut oil output to 32.5m bpd
OPEC energy ministers are likely to meet informally in Doha on Friday
OPEC energy ministers are likely to meet informally in Doha on Friday to try to build consensus Saudi Energy Minister Khalid Al Falih said on Thursday that OPEC should cut...
Source: AMEInfo.com
Global economic growth to hit "historically low levels in 2017"
November 17, 2016--Global economic growth will be at historically low levels in 2017
Credit conditions will remain uneven despite growth stabilizing
Heightened political uncertainty likely to affect economic and credit outcomes.
Global economic growth will be at historically low levels in 2017, although it will stabilise, according to a recent report by leading credit rating agency Moody's.
Source: AMEInfo.com
Emerging markets run risk of capital outflows-Moody's
November 14, 2016--Emerging market economies, especially commodity export countries, could face a reversal in capital flows, ratings agency Moody's has warned.
Source: FIN24
Dollar replaces VIX as gauge of banks'appetite for leverage-BIS's Hyun Song Shin
November 15, 2016--The dollar has ousted the VIX index as a barometer of the banking sector's appetite for leverage, with bank lending coming under pressure when the dollar appreciates, Bank for International Settlements Economic Adviser and Head of Research Hyun Song Shin said on Tuesday.
Speaking at the London School of Economics, Mr Shin said the link between the VIX, a measure of implied stock market volatility, and bank borrowing, or leverage, which had held before the crisis has broken down since. Bank leverage has been subdued despite low VIX readings. Instead, bank leverage is now tied more closely to the dollar.
Source: BIS
Natural Disasters Force 26 Million People into Poverty and Cost $520bn in Losses Every Year, New World Bank Analysis Finds
Human and economic costs of disasters underestimated by up to 60 percent
November 14, 2016--The impact of extreme natural disasters is equivalent to a global $520 billion loss in annual consumption, and forces some 26 million people into poverty each year, a new report from the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) reveals.
"Severe climate shocks threaten to roll back decades of progress against poverty," said World Bank Group President Jim Yong Kim. "Storms, floods, and droughts have dire human and economic consequences, with poor people often paying the heaviest price. Building resilience to disasters not only makes economic sense, it is a moral imperative.
Source: World Bank
Deutsche sets sight on smart beta for ETF inflows
November 14, 2016--German bank's exchange-traded funds business has had a year to forget so far, suffering heavy outflows.
Source: Financial News
