A time when there was a change in the financial markets
A time when there was a change in the financial markets
Share:

Starting with a struggle to overcome a financial crisis and finally a revolution in the financial technology sector, that second decade of the twenty-first century (2010–2019) changed the financial markets around the world. There have been many changes in this decade, which will continue to affect the financial markets around the world for decades to come. Some of them are as follows. Fang-Tastic Five: Fang means FAANG, known in detail as Facebook, Amazon.com, Apple, Netflix and Google (now parent company Alphabet). If a group of these five companies were a country, it would have been the fifth largest economy in the world. The combined value of these companies at the end of this decade i.e. at the end of 2019 is $ 3.9 trillion (about 273 lakh crores at the current price of dollars), which is just 10 thousand crores (about seven lakh crores) at the beginning of the decade. was. These companies have not only created a stir in the stock markets, although the methods have changed from shopping to jobs. Their share in the MSCI Global Index has reached seven percent, up from just 1.6 percent at the beginning of the decade.

Debt Tax Rates: A decisive feature of the 2008-09 economic downturn came in the form of debt rates, when the government debt rate fell below zero percent for the first time in history. In this decade, the US and Germany debt rates have been broken by four percent. The debt rate on Germany's 10-year government bonds was minus 0.7 percent. Loan rates are currently negative on 10-year government bonds of about $ 1.2 trillion (about Rs. 840 lakh crore) worldwide. Coin-less coins: Coin-tapping of coins has been an essential feature. But in the year 2010, as a thinking bitcoin confined in some minds, there is presently interference in financial market, business and politics. The crypto-currency market has crossed $ 20,000 million. It is another matter that most countries have not given it official status. But this year Facebook has also announced the launch of its cryptocurrency libra.

ETF: The ETF had no name until a decade ago. In today's time, the exchange traded funds (ETF) market has reached seven trillion dollars (about five and a half hundred lakh crores). Apart from these, the development of electronic trading, including the introduction of investment decisions based on weather and climate, the focus on shell oil, the increasing emphasis on electric vehicles and the intention of investing on it, gave a new path to the stock markets across the world in this decade. is. Centuries of Bonds: This may sound odd. But in this decade the trend of bonds with maturity period of hundred or more years is gaining momentum. At the beginning of this decade there were only select bonds with maturity periods of 100 years. But when Mexico launched $ 100 million (about seven thousand crore rupees) bonds maturing in the year 2,110, then such bonds gained momentum in the markets of US, UK universities, Ireland, Belgium and Australia. Companies like Coca-Cola and Petrobras also started issuing bonds with maturities of 100 years. Even the Argentine government with the worst rating on the financial front issued bonds maturing in the year 2,117. Presently 1,400 such bonds have been issued.

Also Read: 

Gold prices reached eight-week high, silver fell marginally

GST return on filing may lead to freeze bank account or cancellation of registration

SBI is going to implement new rules to withdraw money from SBI ATMs

Onion prices to rise again, Turkey prohibits exports

 

Join NewsTrack Whatsapp group
Related News