The state of the world's economies and markets in 2022-in charts
September 6, 2022--2022 has already been an eventful and often tumultuous year-and it's not over yet.
Rising inflation and uncertainty, fueled by the war in Ukraine, alongside increasing food and shipping costs, are affecting the economic outlook.
Here are 10 charts to illustrate what is happening in the world's economies and markets.
A strong chart that distills a compelling visualization of our world goes a long way toward helping illustrate what's happening in the world's economies and markets.
That’s why our Chart of the Week blog series features a new way to look beyond the numbers. Today's edition compiles top 10 by readership so far in 2022.
Source: weforum.org
World Economic Forum-Can the economy grow for ever?
September 1, 2022--Just like the universe, economies have been growing seemingly for ever. But what happens if they stop?
This animated video explainer by TEDEd and the World Economic Forum inspects the arguments for going 'post growth' in order to save the planet.
The global economy has been growing for the past 200 years. Traditionally, that's been seen as a good thing-a larger pile of money that would lead to a larger pile of opportunities for everyone.
But the 'tide that lifts all boats' theory feels less substantial with every new economic crisis. As a global recession looms, and as we veer closer to the limits of our natural resources, and as inequality spirals around the world - a new billionaire was minted every 26 hours during the pandemic- we have to ask: is infinite growth possible on a finite planet?
Source: weforum.org
The Metaverse in a Fragmented World
September 1, 2022--What would the metaverse- an interconnected network of virtual spaces-look like in a geopolitically fragmented world? Andy Yee of the University College London Centre for Blockchain Technologies envisions a future of four metaverses-or more.
Heralded as the next chapter of cyberspace, the metaverse transforms the internet of information to one of experience through immersive, three-dimensional interactions. While we are still in the early days of the metaverse, the blending of physical and virtual environments has the potential to revolutionize social interactions, business models, and politics, with significant impact for society and the economy. In the areas of education, healthcare and urban planning, the use of immersive technologies for international collaboration is also compelling. Economic consultancy Analysis Group estimated that the metaverse economy could be worth more than US$3 trillion in a decade.
Source: asiaglobalonline.hku.hk
What are central bank digital currencies?
August 31, 2022--Australia's central bank is trialling a digital currency to explore "innovative ways" for homes and businesses to make payments and transfer funds.
More than 100 countries, including 19 G20 nations, are now exploring central bank digital currencies (CBDCs).
Money isn't paper and coins any more.
CBDCs could improve financial inclusion, say experts, but cybersecurity threats and theft are potential pitfalls
It’s increasingly digital-and a growing number of central banks are considering issuing their own digital currencies.
Australia is the latest country to trial a central bank digital currency (CBDC).
Its central bank, the Reserve Bank of Australia, said the project would explore the potential economic benefits of introducing a CBDC.
Source: weforum.org
ETH products grow in August as BTC products dip: CryptoCompare report
August 31. 2022---The upcoming Merge has contributed to a rise in Ethereum investment products and trading volume, as crypto market AUM figures continue to drop amid the bear market
Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a 7.16% drop off to $17.4 billion.
Ethereum investment products increased by 2.36% to $6.81 billion in assets under management (AUM) throughout August, outperforming Bitcoin products which saw a 7.16% drop off to $17.4 billion. The figures were contained in a new report by CryptoCompare.
This was also reflected in the Bitcoin (BTC) and Ether (ETH) product trading volumes, with Grayscale's most notable Bitcoin product, GBTC, experiencing a 24.4% drop in volume while its Ethereum product, GETH, actually increased by 23.2%. CryptoCompare's report suggested that the highly anticipated Ethereum Merge was the cause behind the change in trading volumes:
Source: cointelegraph.com
Education on sustainable finance helps protect investors against fraud and greenwashing
August 31, 2022--The Board of the International Organization of Securities Commissions (IOSCO) today published a report that identifies recent developments in investor education on sustainable finance, with a view to enhancing investor education and protection and supporting the sound development of this growing financial market.
The report on Retail Investor Education in the Context of Sustainable Finance Markets and Products indicates that securities regulators have increasingly focused on whether sustainable finance claims are accurate and if investors have the information they need to evaluate sustainable finance products. To make informed decisions,retail investors need to understand the characteristics of such products.
Source: iosco.org
Electric vehicles: 5 recent studies to inform your coverage
August 29, 2022--Long touted as a way to curb carbon emissions, electric vehicles are still a long way from dominating personal transportation in the U.S. Recent research highlighted here explores challenges ahead for the electric vehicle market.
With extreme drought in the Western U.S. causing water levels in the Colorado River to fall to historic lows and the Northeast also experiencing an extraordinarily dry summer, it’s a good time to explore recent research about electric vehicles-long touted as a key way to turn back the clock on climate change.
Source: journalistsresource.org
More Than Half Of All Bitcoin Trades Are Fake
August 26, 2022--A new Forbes analysis of 157 crypto exchanges finds that 51% of the daily bitcoin trading volume being reported is likely bogus.
Within the emerging and turbulent market for cryptocurrencies, where there are no fewer than 10,000 tokens, bitcoin, is the great granddaddy, the blue-chip, representing 40% of the $1 trillion in crypto assets outstanding. Bitcoin is crypto's gateway drug.
An estimated 46 million adult Americans already own it according to New York Digital Investment Group, and an increasing number of institutional investors and corporations are warming to the nascent alternative asset.
But can you trust what your crypto exchange or e-brokerage reports about trading in the most important digital currency?
One of the most common criticisms of bitcoin is pervasive wash trading (a form of fake volume) and poor surveillance across exchanges. The U.S. Commodity Futures Trading Commission defines wash trading as "entering into, or purporting to enter into, transactions to give the appearance that purchases and sales have been made, without incurring market risk or changing the trader's market position."
Source: Forbes
Active ETFs manage to shine even as mutual funds take a battering
August 23, 2022--Strong inflows help assets rise even as active mutual fund holdings plunge 20%
Exchange traded funds are proving a rare ray of light for under-fire active fund managers as mutual funds are decimated by a toxic cocktail of investment losses and unprecedented outflows.
Globally, investors pulled a net $640bn from actively managed mutual funds in the first half of the year, according to figures from Morningstar, a far cry from inflows of $943bn in 2021. Combined with market falls, these outflows sent total assets spinning 19.6 per cent lower to $23.9tn.
Source: ft.com
ETFGI reports global ETFs industry gathered net inflows of 42.46 billion US dollars during July 2022
August 15, 2022-- ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today global ETFs industry gathered net inflows of US$42.46 billion during July, bringing year-to-date net inflows to US$505.79 billion.
During July 2022, assets invested globally in the ETF/ETP industry increased by 5.9%, from US$8.86 trillion at the end of June to US$9.37 trillion, according to ETFGI's July 2022 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Net inflows of $42.46 Bn into the global ETFs industry during July.
YTD net inflows of $505.79 Bn are the second highest on record, after YTD net inflows in 2021 of $739.57 Bn.
38th month of consecutive net inflows.
Assets of $9.37 Tn invested in global ETFs industry at the end of July 2022.
Fixed Income ETFs and ETPs listed globally saw $31.22 Bn in net inflows in July 2022.
Source: ETFGI