RationalFX: The pound strengthened on Tuesday against both euro and US dollar after strong labour market data. The unemployment rate dropped to 3.7% from 3.8%, which is the lowest level in fifty years.
RationalFX: The health of the global economy appears to be frail after China’s retail sales fell by over 11% in April while its industrial production contracted by 2.9%.
Solactive : UOB Asset Management (Taiwan), in first engagement with Solactive, launches ETF tracking Solactive Metaverse Technology and Services Index
Graycale Investments, the world’s largest digital currency asset manager, today announced its first European ETF, Grayscale Future of Finance UCITS ETF (ticker: GFOF), will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. GFOF will also…
RationalFX: The pound was up against the US dollar on Friday after a week of selling which had pushed the currency to two-year lows against the USD.
Tradeweb ETF Update – Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 46.3 billion in April 2022, while the proportion of transactions processed via Tradeweb’s Automated Intelligent Execution (AiEX) tool was 81%.
RationalFX: UK GDP for the first quarter came in below expectations, with the quarterly figure rising 0.8% against the 1.0% expected.
ETFGI reports ETFs industry in Europe gathered US$17.10 billion in net inflows in April 2022