Global ETF News Older than One Year
Bitcoin and Blockchain Leading the Revolution in the Global Monetary System
June 26, 2016--Technologies from big data to digital currency and mobile transactions are reshaping the financial industry
While there is debate about their viability and the public's awareness and understanding of them, bitcoin and blockchain technology could be the beginning of a revolution in the global monetary system.
Source: World Economic Forum
Policy remix needed to tackle pent-up risks, BIS says
June 26, 2016--There is an urgent need to rebalance policy in order to shift to a more robust and sustainable global expansion and address accumulated vulnerabilities, the Bank for International Settlements (BIS) writes in its 86th Annual Report, calling for prudential, fiscal and structural policies to play a greater role.
"We need policies that we will not once again regret when the future becomes today," the BIS says in the report, released today, which describes a broad-based economic realignment as financial cycles mature, commodity prices fall, the dollar strengthens and global liquidity starts to tighten.
view the 86th Annual Report, 2015/16
Source: BIS
The Real Threat to Currency Traders
May 26, 2016--Today's the day when regulators give the financial world a glimpse of how they reckon traders in the $5.3 trillion-a-day foreign-exchange market should behave.
The code of conduct, or rather voluntary guide, is welcome after the $9 billion in fines and settlements linked to market rigging.
Source: Bloomberg
Brexit panic wipes $2 trillion off world markets
June 24, 2016--Closing summary: Brexit wipes $2 trillion (!!) off global markets
It's almost 24 hours since it first became clear that David Cameron's EU referendum had not gone as the PM had planned.
That realisation has triggered one of the most dramatic, volatile and downright scary trading sessions in the last decade. New estimates tonight say Brexit has wiped out over two trillion dollars of value, worldwide...
Source: The Guardian
Brexit: Fed set to provide dollar liquidity to offset market pressures
June 24, 2016--The US Federal Reserve said Friday it was ready to provide dollar liquidity to other central banks to offset any global market pressures resulting from Britain's vote to exit the European Union.
"The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the US economy," the central bank said in a statement.
Source: The Daily Mail
S&P prepares UK downgrade as Britain votes to leave EU
June 24, 2016--S&P Global Ratings is preparing to remove the UK's top credit grade after the country voted to leave the European Union.
Source: FIN24
WGC Market Update: Gold surges after Brexit becomes reality
June 23, 2016--The gold price surged 6% from yesterday as the UK surprised the world by voting to Leave the EU. As geopolitical and market uncertainty rises, we expect gold inflows to accelerate.
Gold fulfils its classic safe haven role With Britain voting to exit the European Union, we expect to see strong and sustained inflows into the gold market driven by the staggering level of protracted...
Source: WGC (World Gold Council)
World Economic Forum-These are the top 10 emerging technologies of 2016
June 23, 2016--A diverse range of breakthrough technologies, including batteries capable of providing power to whole villages, "socially aware" artificial intelligence and new generation solar panels, could soon be playing a role in tackling the world's most pressing challenges, according to a list published today by the World Economic Forum.
"Technology has a critical role to play in addressing each of the major challenges the world faces, yet it also poses significant economic and social risks. As we enter the Fourth Industrial Revolution, it is vital that we develop shared norms and protocols to ensure that technology serves humanity and contributes to a prosperous and sustainable future," said Jeremy Jurgens, Chief Information and Interaction Officer, Member of the Executive Committee, World Economic Forum.
view the Top 10 Emerging Technologies of 2016
Source: World Economic Forum (WEF)
IOSCO Outlines its Priorities Regarding Data Gaps in the Asset Management Industry
June 22, 2016--The Board of the International Organization of Securities Commissions (IOSCO) today has issued a public statement outlining its priorities regarding data gaps in the asset management industry.
IOSCO considers that more needs to be done to enhance the data collected in this sector and is analysing what data needs should be prioritised. To this end, IOSCO has identified a series of recommendations that will constitute its roadmap in this area. A key priority is to encourage IOSCO members to collect data with a view to better identify systemic risk.
Source: IOSCO
Big Money Managers Must Stop Stampedes
June 22, 2016--Fund managers aren't too big to fail, but that doesn't mean their actions can't have a big impact on the financial system.
Global rule setters decided against treating asset managers like super-large banks or insurers last summer.
Source: Wall Street Journal
