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Palestine Securities Exchange Monthly Investor Newsletter - June 2017

Date 06/07/2017

Click here to download the June edition of the Palestine Securities Exchange Monthly Investor Newsletter.

The Case For Housing Finance Reform, Federal Reserve Governor Jerome H. Powell, At The American Enterprise Institute, Washington, D.C.

Date 06/07/2017

Good morning. Thank you to the American Enterprise Institute and Steve Oliner for inviting me here to speak. My topic today is the urgent need for fundamental reform of our system of housing finance--the great unfinished business of post-financial crisis reform.

The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking institutions to ensure their safety and soundness, and more broadly for the stability of the financial system. A robust, well-capitalized, well-regulated housing finance system is vital to achieving those goals, and to the long-run health of our economy. We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers.

ESMA Proposes Simplifications For Prospectuses

Date 06/07/2017

The European Securities and Markets Authority (ESMA) is publishing three Consultation Papers (CP) on the Prospectus Regulation. The Prospectus Regulation, in the context of the Capital Markets Union action plan, aims to make it easier and cheaper for companies, and in particular smaller companies, to access capital and improve prospectus accessibility for investors.

BETTER FINANCE Sends Record Number Of Experts To The New EU Financial Services User Group (FSUG), Even Though The EU Decided To Eliminate All Compensation For Its Little Resourced User-Side Experts

Date 06/07/2017

In February 2017 the European Commission (EC) launched a call for candidates to renew its Financial Services User Group (FSUG). The new composition of the 20-strong expert group was announced today and BETTER FINANCE (the European Federation of Investors and Financial Services Users) is proud to announce that – together with its member organisations - it will provide a total of six experts in retail financial services (see list below). These nominations further reinforce the leading role of BETTER FINANCE in the EU Public financial advisory groups.

Intercontinental Exchange Reports June Statistics - ICE ADV Up 29% Y/Y Driven By Financials ADV Up 39% Y/Y And Energy ADV Up 27% Y/Y - 2Q17 ADV Up 28% Y/Y And Open Interest Up 12% Y/Y

Date 06/07/2017

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported June 2017 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at http://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

FSB Publishes Resolution Planning Guidance For Global Banks And Reports On The Implementation Of Resolution Reforms

Date 06/07/2017

The Financial Stability Board (FSB) published today two guidance documents to assist authorities in implementing the FSB’s standard on Total Loss-Absorbing Capacity (‘the TLAC standard’) and facilitating the continued access to critical financial market infrastructure services in resolution. It also published its sixth report on the implementation of post-crisis resolution reforms.

Account Of The Monetary Policy Meeting Of The Governing Council Of The European Central Bank, Held In Tallinn On Wednesday And Thursday, 7-8 June 2017

Date 06/07/2017

1. Review of financial, economic and monetary developments and policy options

Financial market developments

Mr Cœuré reviewed the latest financial market developments.

Yield curves in the US and German bond markets had flattened quite materially, by around 40 basis points and 30 basis points respectively, since about mid-March. Interestingly, this period of flattening on both sides of the Atlantic had coincided with a general strengthening of global growth momentum.

In the United States, the market was seen as correcting what appeared to have been excessive market optimism in the wake of the US presidential election and a revision of the expected US economic policy impulses. Accordingly, markets might no longer be assessing the medium to long-run US macroeconomic outlook in the same light as a few months before.

European Commission: Speech By Michel Barnier At The European Economic And Social Committee

Date 06/07/2017

Mr President, dear Georges Dassis,

Dear Members of the European Economic and Social Committee,

Ladies and gentlemen,

I am very happy to be back here today and to address your plenary session.

Many of you, as entrepreneurs, trade unionists, leaders of NGOs, or leaders of the civil society, know that Brexit means uncertainty – for citizens first, for businesses, and for jobs.

ESMA Updates MAR Q&A

Date 06/07/2017

The European Securities and Markets Authority (ESMA) has updated today its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR).

LME And The World Gold Council Confirm LMEprecious Launch On 10 July

Date 06/07/2017

The London Metal Exchange (LME) and the World Gold Council have today confirmed that LMEprecious will launch on 10 July 2017, as planned. All preparations are now complete with regulatory go-ahead also received.