BoE Cuts Growth Forecast
GBP: The Bank of England cut its growth forecasts on Thursday in the face of increased Brexit worries and a slowing global economy, but gave no indication it was considering lowering interest rates like other central banks….
Editorial Staff
iShares lists a new China Bond ETF on Xetra
iShares: The new ETF gives access to Chinese bond market…..
Tabula ETFs approved for distribution in Spain and Portugal
Tabula has received authorisation from the National Securities Market Commission (CNMV) to distribute its funds in Spain. …
Solactive Indices chosen by Finex Limited for seven ETFs
FinEx ETF Limited completed its index switches in favor of Solactive for six country benchmarks as well as a US Large & Mid Cap technology index…
First US Interest Rate Cut Since 2008
GBP: After four consistent days of losses the pound found some respite on Wednesday and steadied from the two-year lows….
Sterling Continues to Sink
GBP: Sterling continued to fall on Tuesday as the Government insists that the UK is prepared to leave the EU without a deal. Sterling has fell 4% since the end of June against the US dollar, leaving it on track…
UniCredit launches two ETFs on European equities
UniCredit Bank AG, via its subsidiary Structured Invest S.A., has today announced the listing of two ETFs based on the eurozone’s first set of indices combining a factor strategy with environmental, social and governance (ESG) screens…..
Sterling Sinks To A Two-Year Low
GBP: Sterling fell to a new two-year low yesterday due to the growing chance that new Prime Minister Boris Johnson could trigger a chaotic UK exit from the EU which sent the currency tumbling.