Market trends

The derivatives exchange with the broadest index offering globally and the leading European index provider have produced some of the most popular and creative index futures and options since both started operations 25 years ago. We catch up with Eurex’s CEO and STOXX’s General Manager to find out what’s next for this successful partnership.

The STOXX Global 1800 index fell 4.3% last month and the STOXX World AC lost 4%. Projections from the Federal Reserve indicate the central bank may hike rates further this year and cut them by less than previously expected in 2024.

Armelle Loeb, head of index sales for EMEA at STOXX, discusses the evolution and appeal of custom and factor-based indices, and why custom income strategies have delivered good performance.

The STOXX Global 1800 index fell 2.4% last month and the STOXX World AC lost 2.7% amid expectations that US interest rates may stay high to combat inflation. European, Asian, and Chinese shares in particular, led the pullback following weaker economic data.

Net flows into passively managed environmental, social and governance ETFs globally slowed in the first half of 2023 but still grew at a faster pace than passive non-ESG ETFs, according to a report by STOXX, a global index provider.

The STOXX Global 1800 index advanced 3.3% last month and the STOXX World AC rose 3.7% amid reports that showed US inflation continues to drop while the economy may avoid a recession. Value and banks’ shares were among the best performers.

SRP recently held an interview with Armelle Loeb, Head of Index Sales for EMEA at STOXX, to discuss indexing trends in the structured-products industry. Here we republish the exchange.

The STOXX Global 1800 index jumped 6.1% last month and the STOXX World AC rose 5.7%. US, Value and automakers’ shares were among the best performers.

The STOXX Global 1800 index lost 1.1% last month and the STOXX World AC dropped 0.9%. European, energy and high-dividend shares were among the worst performers.

Investors are right to focus on the US debt ceiling showdown these days, instead of key upcoming economic releases including the May jobs report. While a US default would unleash global economic Armageddon, markets have been relatively calm so far.

After two years of rallying, energy stocks have experienced a turn in fortunes in 2023 as commodity prices continue to slide. Nevertheless, the STOXX Europe 600 Oil & Gas index has retained some attributes, such as positive active exposures to the Earnings Yield and Value factors.

The STOXX Global 1800 index rose 1.8% in dollars in April, and the STOXX World AC added 1.5%, following better-than-expected economic and business reports. There were gains across all regions, and Low Risk was the leading factor in the month.