|ETFS US Precious Metals Weekly:Precious Metals Rally After Greek Bailout Deal Agreed-continued|
|February 21, 2012--Greek bailout agreement pushes precious metals prices higher.|
Gold, silver, platinum and palladium prices all rallied strongly in early London trade following the news overnight that Eurozone leaders agreed to a €130bn Greek bailout package. The agreement appears to have convinced investors who have been sitting on cash to deploy funds across markets, with silver seeing the strongest immediate price response. Improved sentiment towards Europe has buoyed the Euro/USD exchange rate in recent days, adding further support to precious metals prices.
|While a number of hurdles to pushing the package through remain,
including agreement by individual European country parliaments, it
appears that Greece will – at least for now – avoid the worst case scenario
of a disorderly debt default. The boost to risk sentiment from this
agreement, together with recent improvements in US macro data and
further central banking monetary easing (including China’s 50bp reserve
requirement cut last week) is likely to keep a firm tone to the more cyclical
precious metals such as silver, platinum and palladium.
Gold demand hits 14-year high. In the latest edition of the World Gold Council’s (WGC) Gold Demand Trends released last week, it revealed that gold demand hit a 14-year high of 4067 tonnes in 2011, buoyed by record investment demand. Although investment demand jumped 5% to record levels, jewellery demand partially offset the gains, dropping by 3%. The headline decline in jewellery demand masked an interesting underlying trend: China’s demand surged by 13%, while India, the world’s largest jewellery market, experienced a 14% fall in jewellery demand in tonnage terms. The WGC also notes that Official sector gold purchases are now at a 47-year high. Once a source of gold supply, the official sector bought a multi-decade high of 440 tonnes last year.
Riots threaten PGM production in South Africa. The Rustenberg mine, the world’s largest platinum mine and responsible for 15% of global production, faces prolonged stoppages after riots broke out last week. Implats, the operator of the mine, had re-hired 6,000 of the 17,000 workers it had fired in January 2012 following a strike which the company deemed illegal. Implats has estimated that the 35-day strike has cost the company 60,000 ounces in lost output, around US$155milion. Implats CEO has indicated that production could be restored to normal within’two to four weeks’, however the rioting is deterring workers from returning to their jobs after one reported fatality. The hit to supply has added further impetus to platinum and palladium prices increases.
visit www.etfsecurities.com for more info
|Source: ETF Securities|
|Global ETP News|
|Australian Craig Wright claims to be Bitcoin creator|
|May 2, 2016--Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto.|
|OCC Cleared Contract Volume Increased Two Percent In April|
|Securities Lending Activity Up 46 Percent In April And 44 Percent Year-To-Date-ETF Options Volume Up 13 Percent From 2015|
May 2, 2016--OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in April was 339,522,257 contracts, up two percent from April 2015 monthly volume of 331,552,965 contracts.
|MSCI Peru ruling threatens to unbalance Frontier index|
|April 29, 2016--Fears the move would drive foreign investment away from $67bn bourse.|
|Yen logs 5% April gain vs. dollar with Fed, Bank of Japan on hold|
|April 29, 2016--The dollar tumbled to an 18-month low against the Japanese currency Friday after a widely watched gauge of inflation showed upward price pressures abated last month, removing some pressure for the Federal Reserve to raise interest rates.|
|IMF-Global Housing Watch Quarterly Report, April 2016|
|April 28, 2016--This Quarterly Update includes an update of the Global House Price Index and our other core charts, and a discussion of house price developments in some cities within major commodity-producing countries (Australia, Canada, China, Norway and the United States).|
|iShares Silver Trust celebrates 10th anniversary|
|Ranked as world's largest silver-backed investment product|
April 27, 2016--2016 marks the 10th anniversary of iShares Silver Trust.
|World Bank Raises 2016 Oil Price Forecast, Revises Down Agriculture Price Projections|
|Oil prices seen rising as oversupply diminishes|
April 26, 2016--Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is expected to recede.
|Market Vectors Index Solutions Announces Rebranding|
|Market Vectors Indices to be renamed MVIS Indices|
April 25, 2016--Market Vectors Index Solutions today announced that the Market Vectors Indices will adopt a new name and be known as MVIS Indices and Market Vectors Index Solutions will adopt the name MV Index Solutions (MVIS).
|IMF Survey-External Shocks Hurt Growth in Caucasus, Central Asia|
|April 25, 2016--Oil price drop, Russia's recession continue to weigh on growth
Inflation and financial sector vulnerabilities have increased
Shocks underscore the urgency of reducing reliance on commodities, remittances
|Infographic-What Happens in an Internet Minute in 2016?|
|April 25, 2016--Today, we enter into the digital realm to see what happens every minute on the internet. The statistics are mind-boggling and put in perspective how scalable platforms have taken over the world.|
|Market Vectors ETFs to be renamed on 2 May 2016|
|April 21, 2016--Van Eck Global is uniting its businesses and investment offers under a single brand: "VanEck". In order to implement the rebranding for its Irish UCITS ETFs, the directors of Van Eck Global Investments Ltd. and Market Vectors UCITS ETF plc have approved the following changes with effect of 2 May 2016|
|Leaders Set Landmark Global Goals for Pricing Carbon Pollution|
|Call for faster action on carbon pricing to deliver on Paris climate change agreement|
April 21, 2016--Six heads of state and government, two city and state leaders and the heads of the World Bank Group, the International Monetary Fund and the OECD today agreed on an ambitious global target for putting a price on carbon pollution.
|BRICS Single Capital Market Possible In 5 Years, Russian Central Bank Deputy Gov Says|
|April 20, 2016--The Creation of a single capital market of the BRICS grouping of emerging market nations-Brazil, Russia, India, China, and South Africa-is possible in the next five years, Sergei Shvetsov, First Deputy Chairman of Russia's central bank told Russia's TASS news agency during his visit to China.|
|Infographic-This Market Cycle Diagram Explains the Best Time to Buy Stocks|
|April 19, 2016--Is it possible to time the market cycle to capture big gains?|
|Infographic-This Market Cycle Diagram Explains the Best Time to Buy Stocks|
|April 19, 2016--Is it possible to time the market cycle to capture big gains?
Like many controversial topics in investing, there is no real professional consensus on market timing. Academics claim that it's not possible, while traders and chartists swear by the idea.
|HSBC's London Gold Vault: Is This Gold's Secret Hiding Place?|
|April 19, 2016--HSBC's main gold vault in London regularly comes under the media spotlight for a number of reasons. These reasons include: a) the HSBC London vault stores a very large amount of gold on behalf of gold-backed Exchange Traded Funds, primarily the well-known SPDR Gold Trust (GLD) b) along with the Bank of England..|
|China's 'Bants' set to rival America's 'Fang' tech stocks|
|April 19, 2016--Fund managers quadruple holdings of Chinese internet quartet|
|Eurex and Korea Exchange extend cooperation|
|Introduction of new index futures|
April 18, 2016--Eurex, one of the world's leading derivatives exchanges and part of Deutsche Börse Group, and Korea Exchange (KRX) today signed a contract in KRX's Seoul Office to extend their cooperation by listing Mini KOSPI 200 index futures during Eurex trading hours.
|Carbon Pricing: Building on the Momentum of the Paris Agreement|
|April 15, 2016--STORY HIGHLIGHTS
There is growing global momentum to put a price on carbon pollution. About 40 national and 23 subnational governments have put in place carbon pricing mechanisms, covering 12 percent of global emissions.
|Revealed: the Digital Poverty Holding Back Global Growth and Development|
|April 15, 2016--The Global Information Technology Report 2015 finds a growing digital divide within and across countries, with the full economic and social benefits of the internet only available to a minority of the world's population|
|Definitions and disclosure of non-performing exposures and forbearance proposed by the Basel Committee|
|April 14, 2016--The Basel Committee on Banking Supervision has today issued for consultation Prudential treatment of problem assets-definitions of non-performing exposures and forbearance.|
|Bond investors turn passive aggressive as ETFs swell|
|April 14, 2016--Investors are becoming passive, aggressively. While substantial inflows into funds that merely track a stock market index is not new, the trend is becoming increasingly powerful in bond markets too.|
|IMF Survey-Coping With a New Reality|
|April 13, 2016--Public debt ratios have worsened almost everywhere and public finances have become more vulnerable
Countries need to adapt, but "no one-size-fits-all"
Fiscal policy should be growth-friendly with a focus on measures that boost both short-and medium-term growth
|IMF Warns of Threats to Financial Stability|
|April 13, 2016--Risks have risen in advanced economies, remain high in emerging markets
Market turmoil reflected setbacks to growth, greater uncertainty, weaker confidence
More balanced, potent policy mix can expand global output by extra 2 percent
|Balancing Work and Care in Aging Societies|
|April 13, 2016--From Europe and Central Asia to East Asia and the Pacific, rapid aging-increased life expectancy and lower fertility rates-puts enormous pressures on societies.|
|IMF World Economic Outlook (WEO): Too Slow for Too Long, April 2016|
|April 12, 2016--The baseline projection for global growth in 2016 is a modest 3.2 percent, broadly in line with last year, and a 0.2 percentage point downward revision relative to the January 2016 World Economic Outlook Update.|
|BIS-Tenth progress report on adoption of Basel III standards published by the Basel Committee|
|April 11, 2016--The Basel Committee on Banking Supervision has today issued the Tenth progress report on adoption of the Basel regulatory framework.|
|ETF Securities Weekly Flows Analysis-The Fed minutes boost gold|
|April 11, 2016--Gold ETPs registered strong inflows after the release of the Federal Reserve (Fed) minutes of the March meeting on Wednesday suggested the chances of a rate hike in the short term were extremely limited.|
|Assets invested in ETFs/ETPs listed globally have broken through the 3 trillion US dollars milestone for the second time at the end of Q1 2016, according to ETFGI|
|April 11, 2016-Assets invested in ETFs/ETPs listed globally have broken through the US$ 3 trillion milestone for the second time at the end of Q1. At the end of May 2015 the assets in ETFs/ETPs listed globally first exceeded the US$ 3 trillion milestone.|
|Active asset managers knocked by shift to passive strategies|
|April 11, 2016--The deteriorating ability of money managers to beat their indices has led to investors accelerating a shift towards passive strategies such as exchange traded funds, adding to the pressure on actively managed funds to justify their fees.|
|AdvisorShares Weekly Market Update-This Week in Active ETFs: Heads (Of State) Are Gonna Roll?|
|April 11, 2016--Macro|
Last Monday we mentioned the so called Panama Papers in passing with a stay tuned point of view and sure enough the story has and continues to unfold. The biggest news for now appears to be the resignation of Iceland's Prime Minister Sigmundur David Gunnlaugsson after it was discovered/alleged that he may have had some shady dealings. For his part however, Gunnlaugsson claimed he was just stepping aside for now, and not because of the Panama Papers.
|WisdomTree grapples with $5bn outflows|
|April 10, 2016--The world's most shorted asset manager is struggling to stem outflows from its exchange-traded funds.|
|DECPG Global Weekly-April 8, 2016|
|April 8, 2016--TAKING STOCK/WEEKLY INSIGHT
U.S. services sector picked up steam in March; weekly jobless claims fell more than expected
Euro Area services sector expanded in March at weakest pace since January 2015
|Infographic-IMF Growth Forecasts: Missing the Mark So Far|
|April 8, 2016--Projections on the global economic recovery have been overestimated by most policymakers and institutions for some time now. The International Monetary Fund (IMF) has been no exception to this fallacy.|
|BlueStar Israel Equity Update: Relief Rally? Or Something More?|
|April 7, 2016--Israeli Global Equities, as measured by BIGI(R), rallied strongly in March, rising by 4.99%, significantly outperforming other Israeli equity benchmarks.|
|WGC-Market Update: Gold outshines the market in Q1 2016|
|April 7, 2016--A glittering start to 2016
The gold price staged a spectacular rally in the first quarter of this year, rising by 17% in US dollar terms. This was its best performance in almost three decades, significantly outperforming other major stock, bond and commodity indices.
|Europe and Central Asia: Growth Struggles in the West, Volatility Increases in the East|
|April 7, 2016-- The economies of Europe and Central Asia (ECA) continue to face difficult headwinds in an increasingly complex and uncertain global economic environment, with short-term prospects differing substantially across countries, according to a new World Bank report.|
|Institutional Investors Increasingly Embrace Factor Investing|
|Desire for Improved Returns, Enhanced Risk Management and Transparent Portfolio Construction Driving Demand April 6, 2016--Institutional investors are increasingly employing factor-based strategies across their investment process, a new study conducted by The Economist Intelligence Unit and sponsored by BlackRock has revealed.|
|IMF-Emerging Markets Show More Resilience to Capital Flow Cycle|
|April 6, 2016--Net capital flows to emerging market economies slowed significantly since 2010
Slowdown associated with decline in growth prospects, but without resulting in high incidence of debt crises as in past
Greater exchange rate flexibility, foreign reserves, and lower public debt can help
|Structural Reforms in Advanced Economies: Pressing Ahead and Doing them Right|
|April 6, 2016--Product and labor market reforms raise output and employment in the medium term
Complementary macroeconomic policies required to maximize short-term benefits
Need for careful prioritization and sequencing of reforms
|Bond ETFs Attracted Record U.S., Global Inflows in First Quarter|
|April 6, 2016--BlackRock says the funds pulled in $43.7 billion worldwide
Money shifted toward riskier assets as the quarter progressed
|London Remains on Top and Singapore Climbs to Third Place.|
|April 6, 2016--Today Z/Yen publishes the nineteenth Global Financial Centres Index (GFCI 19) The Index rates 86 financial centres.|
London remains just ahead of New York to retain the number one position. Both cities gained four points in the ratings and London remains eight points ahead of New York.
|IOSCO Issues Study of Regulatory Approaches and Tools to Deal with Cyber Risk|
|April 6, 2016--The Board of the International Organization of Securities Commissions (IOSCO) today published a report that brings together insights and perspectives from IOSCO's various policy, stakeholder and regional committees on the topic of cyber resilience.|
|Ten Steps to build the Cities of the Future|
|April 6, 2016--The "business of running cities" is changing rapidly due to the emergence of new business models and technologies, which cover a wide range of urban services, such as mobility, infrastructure, energy, water, waste management, health, safety, security, welfare, the environment,knowledge, skills and culture.|
|Seven essential guiding principles to boost financial inclusion laid out in new report|
|April 5, 2016--Seven guiding principles to help countries increase financial inclusion were set out in a report released today by the Committee on Payments and Market Infrastructures (CPMI) and the World Bank Group.|
|WEF-Can We Predict Real Estate Bubbles?|
|April 5, 2016--The World Economic Forum's Shaping the Future of Real Estate initiative defines real estate asset ecosystems and how real estate bubbles could be limited through innovative solutions|