FCA eyes liquidity reforms to avert replay of Woodford crisis -continued

October 1, 2019--The UK regulator has fired the starting gun on a shake-up of investment fund liquidity rules following a number of high-profile fund suspensions-a move that could have far-reaching consequences for the future of daily traded investment funds.
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Source: FT.com


Europe ETP News
GraniteShares enters the UK Market offering short and leveraged single stock daily ETPs with Solactive Indices
November 12, 2019--GraniteShares, the U.S. based ETF provider, has entered the European market with a platform of short and leveraged single stock daily Exchange Traded Products (ETPs) for major companies, all of which are listed on the London Stock Exchange. The ETPs track indices taken from Solactive’s new Single Stock Leverage Index Family exclusively.
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Brexit 'Paralysis' Leads Moody's to Lower Outlook on U.K. Debt
November 9, 2019--The ratings company cited little prospect for reduction in government spending, though investors remain sanguine, with U.K. interest rates not far from record lows
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European Commission-Autumn 2019 Economic Forecast: A challenging road ahead
November 7, 2019--The European economy is now in its seventh consecutive year of growth and is forecast to continue expanding in 2020 and 2021. Labour markets remain strong and unemployment continues to fall. However, the external environment has become much less supportive and uncertainty is running high. This is particularly affecting the manufacturing sector, which is also experiencing structural shifts.
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Italy surpasses Greece as euro area's riskiest borrower
November 7, 2019--Yield-hungry investors have snapped up debt from former euro area crisis spots
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BOE-Monetary Policy Report-November 2019
November 7, 2019--In a nutshell:
Growth has slowed in the UK and abroad
Inflation is a little below our 2% target UK and EU flags
Brexit uncertainty has been high
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Deutsche Bank appoints global head of Wealth Management
November 4, 2019--Deutsche Bank has appointed Claudio de Sanctis as global head of Deutsche Bank Wealth Management, succeeding Fabrizio Campelli who joins the group Management Board as chief transformation officer.
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Solactive appoints Head of Product Development and announces further evolution of Management Structure
November 4, 2019--Solactive is pleased to announce the addition of a new senior position to its organization. Peter Diel joined the firm as Head of Product Development on November 1st, 2019, running Solactive's index development departments.
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ESMA report sees decrease in prospectus activity for 2018
October 31, 2019--The European Securities and Markets Authority (ESMA), in its annual report on prospectus activity, reports that in 2018 the number of prospectus approvals across the European Economic Area (EEA) decreased by almost 5% compared to 2017 (from 3,567 to 3,390).
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Climate change: Significant drop in EU emissions in 2018 but further effort needed to reach 2030 target
October 31, 2019--The European Union (EU) cut its greenhouse gas (GHG) emissions by 2% in 2018, according to preliminary estimates released today by the European Environment Agency.
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Brexit deal would leave Wales-sized hole in UK economy, experts warn
October 30, 2019--October 30, 2019--Economists say Boris Johnson's 'Brexit dividend' does not exist.
Boris Johnson's Brexit deal would leave a hole in the U.K. economy the size of Wales, economists warned.
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Euro area economic and financial developments by institutional sector: second quarter of 2019
October 29, 2019--Euro area net saving increased to €828 billion in the four quarters to the second quarter of 2019, compared with €824 billion in the four quarters to the previous quarter.
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ECB-Monetary developments in the euro area: September 2019
October 28, 2019-Annual growth rate of broad monetary aggregate M3 decreased to 5.5% in September 2019 from 5.8% in August (revised from 5.7%)
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 7.9% in September from 8.5% in August
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Brexit update: EU agrees to extension as UK election looms
October 28, 2019--The European Union agreed to grant the UK a three-month Brexit delay to January 31, removing the risk of a damaging no-deal split on Thursday as the British government tries to end the impasse in Parliament.
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European Commission-Juncker Plan has made major impact on EU jobs and growth
October 22, 2019--The Investment Plan for Europe, the Juncker Plan, has played a key role in boosting jobs and growth in the EU. Investments by the European Investment Bank (EIB) Group backed by the Juncker Plan's European Fund for Strategic Investments (EFSI) have increased EU gross domestic product (GDP) by 0.9% and added 1.1 million jobs compared to the baseline scenario.
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ECB-Euro area monthly balance of payments: August 2019
October 18, 2019--In August 2019 the current account of the euro area recorded a surplus of €27 billion, compared with a surplus of €22 billion in July 2019.
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