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An Opportunity to Buy Gold as Pressure on Prices Continues

Publicerad

9 år sedan

den

An Opportunity to Buy Gold as Pressure on Prices Continues Gold ETPs saw outflows of US$53mn as prices continue to drop on further signs of a potential rate hike in June.

ETF Securities Weekly Flows Analysis – An Opportunity to Buy Gold as Pressure on Prices Continues

  • Gold ETPs saw outflows of US$53mn as prices continue to drop on further signs of a potential rate hike in June.
  • Larger-than-expected decline in US crude inventory pushed Brent crude above the US$50/bbl. for the first time since November 2015.
  • ETPs flows trends in industrial metals are volatile but more diversified across the commodity sector.

Gold ETPs recorded second largest weekly outflows in 2016 as prices retreat near its 2 months low. In line with the hawkish Federal Open Market Committee (FOMC) minutes report released on the 18th of May, Federal Reserve (Fed) officials have also been hinted in their speech on a higher probability for the Fed to hike rates again in June amidst concerns over the UK Brexit. However, the odds, derived from reading of the Fed Fund Futures, remain low, at 30%, highlighting that the uncertainty over the Fed next month move will likely continue to weigh on the metal price until then. The US dollar, on the other hand, rose 2.7% over the past month adding to the current downward pressure on commodities. In our model, we estimate the fair value of gold at US$1,250/oz. for year end 2016, assuming an inflation of 2% in the US and speculative net positioning falls back to 75,000. We, therefore, believe that the current price level should be seen as a potential buying opportunity for investors.

Oil ETPs recorded outflows for the seventh consecutive week as prices continue to recover. Oil prices rose 1.6% last week, trading above the US$50/bbl. for the first time since November 2015. As a result, oil ETPs recorded outflows for the seventh consecutive week, mainly out of WTI crude ETPs. While the US oil benchmark currently trades slightly below its European peers, investors fear that US shale oil production may return faster than expected, capping the potential gain on the WTI crude price while Brent crude should continue to benefit from depleting oil production in the North Sea. US crude stockpiles fell more than expected in the latest US Energy Information Administration (EIA) report as US oil production continued to decline at the same time, lending support to oil prices. We believe next week’s OPEC meeting will not have any meaningful impact on the global oil market. Both the International Energy Agency (IEA) and the US EIA raised their global demand growth forecast for 2016 to 1.4 million barrels per day on higher demand from China and India.

Industrial metals ETPs have been enjoying net inflows of US$38mn in 2016. While flows remain highly volatile from one week to another, the momentum is building up as industrial metals ETPs were the only commodity sector posting positive flows last week. Investor interest has traditionally been focussed on copper and aluminium ETPs. We however note that recent flows trends suggest a more diversified exposure across the sector with nickel ETPs actually recording positive flows over the past year. Increasing signs that China economy is stabilising combined with continued capex cuts from miners should eventually support industrial metals prices.

Key events to watch this week. A number of manufacturing and non-manufacturing PMIs are due over the course of the week along with retail sales and confidence data. While the European Central Bank will decide on its interest rate policy on Thursday, investors will also be waiting for labour market data for May from key countries, above all the US non-farm payroll on Friday.

For more information contact

ETF Securities Research team
ETF Securities (UK) Limited
T +44 (0) 207 448 4336
E info@etfsecurities.com

Important Information

General

This communication has been provided by ETF Securities (UK) Limited (”ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority.

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COINADA ETP spårar kryptovalutan Cardano

Publicerad

27 minuter sedan

den

9 september, 2025

Av

CoinShares XBT Physical Staked Cardano (COINADA ETP) med ISIN SE0024367106, är en fysiskt säkerställd krypto-ETP som är helt säkerställd av den underliggande tillgången Cardano. Den gör det möjligt för investerare att säkert få exponering mot priset på Cardano på en reglerad börs. Cardano som innehas för COINADAs räkning förvaras hos Komainu (Jersey) Limited och Zodia Custody Limited, reglerade institutionella förvaltare av digitala tillgångar.

CoinShares XBT Physical Staked Cardano (COINADA ETP) med ISIN SE0024367106, är en fysiskt säkerställd krypto-ETP som är helt säkerställd av den underliggande tillgången Cardano. Den gör det möjligt för investerare att säkert få exponering mot priset på Cardano på en reglerad börs. Cardano som innehas för COINADAs räkning förvaras hos Komainu (Jersey) Limited och Zodia Custody Limited, reglerade institutionella förvaltare av digitala tillgångar.

Fondens kostnadskvot (ER) är 1,50 % per år. Den startade sin verksamhet den 21 maj 2025 och dess registreringsland är Sverige.

Produktinformation

NamnCoinShares XBT Physical Staked Cardano – SEK
ISINSE0024367106
KortnamnCOINADA
Avgift1,50 %
BasvalutaSEK
ReplikeringsmetodFysisk
UtdelningspolicyAckumulerande
BenchmarkindexCompass Crypto Reference Cardano
Aktivt förvaltadJa
HemvistSverige
Lanseringsdatum21 maj 2025
EmittentXBT Provider

Handla COINADA ETP

CoinShares XBT Physical Staked Cardano (COINADA ETP) är en europeisk börshandlad produkt som handlas på bland annat Nasdaq Stockholm.

Det betyder att det går att handla andelar i denna ETP genom de flesta svenska banker och Internetmäklare, till exempel  Nordnet, SAVR, Levler, DEGIRO och Avanza.

Börsnoteringar

BörsValutaKortnamn
NASDAQ StockholmSEKCOINADA

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Concerned about rising government debt? Bitcoin’s got you covered

Publicerad

20 timmar sedan

den

8 september, 2025

Av

Amid soaring US debt and Gold’s steady gains, Bitcoin has continued to deliver strong returns over the past 15 years. Its scarcity and decentralization make it a hedge that investors can’t ignore, providing new ways to pursue growth, security, and opportunity in an evolving financial landscape.

Amid soaring US debt and Gold’s steady gains, Bitcoin has continued to deliver strong returns over the past 15 years. Its scarcity and decentralization make it a hedge that investors can’t ignore, providing new ways to pursue growth, security, and opportunity in an evolving financial landscape.

Investors can’t ignore the corporate world’s big bet on Ethereum

Ethereum is stealing the spotlight, as public companies have accumulated over 4.4 million ETH, worth nearly $19 billion, in the past few months. This treasury boom is outpacing Bitcoin’s early adoption and redefining how Wall Street approaches digital assets.

The rise of Hyperliquid: DeFi’s record-breaking powerhouse

Hyperliquid is making waves in DeFi perpetuals by setting new records, leading trading volumes, and propelling its token to all-time highs. Backed by market volatility, high-performance infrastructure, and concentrated liquidity, the platform continues to draw investors and assert its market dominance.

Research Newsletter

Each week the 21Shares Research team will publish our data-driven insights into the crypto asset world through this newsletter. Please direct any comments, questions, and words of feedback to research@21shares.com

Disclaimer

The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in any jurisdiction. Some of the information published herein may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The information contained herein may not be considered as economic, legal, tax or other advice and users are cautioned to base investment decisions or other decisions solely on the content hereof.

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N100 ETF följer det amerikanska Nasdaq 100 indexet

Publicerad

22 timmar sedan

den

8 september, 2025

Av

iShares NASDAQ 100 Swap UCITS ETF USD (Acc) (N100 ETF) med ISIN IE0001ZFMLN7, försöker följa Nasdaq 100®-indexet. Nasdaq 100®-indexet spårar ett urval av 100 aktier valda bland icke-finansiella aktier noterade på NASDAQ-börsen.

iShares NASDAQ 100 Swap UCITS ETF USD (Acc) (N100 ETF) med ISIN IE0001ZFMLN7, försöker följa Nasdaq 100®-indexet. Nasdaq 100®-indexet spårar ett urval av 100 aktier valda bland icke-finansiella aktier noterade på NASDAQ-börsen.

Den börshandlade fondens TER (total cost ratio) uppgår till 0,20 % p.a. ETFen replikerar det underliggande indexets prestanda syntetiskt med en swap. Utdelningarna i ETFen ackumuleras och återinvesteras.

iShares NASDAQ 100 Swap UCITS ETF USD (Acc) är en mycket liten ETF med 4 miljoner euro under förvaltning. Denna ETF lanserades den 3 oktober 2024 och har sin hemvist i Irland.

Varför N100?

Exponering mot 100 av de största amerikanska och internationella icke-finansiella aktierna noterade på NASDAQ-börsen.

Exponering för företag inom stora industrigrupper inklusive hårdvara och mjukvara, telekommunikation, detaljhandel/grossisthandel och bioteknik.

Använd i din portfölj för att söka tillväxt på medellång till lång sikt även om fonden också kan vara lämplig för kortsiktig exponering mot index.

Investeringsmål

Fonden strävar efter att uppnå avkastning på din investering, genom en kombination av kapitaltillväxt och inkomst på fondens tillgångar, vilket återspeglar den totala nettoavkastningen för NASDAQ 100-indexet (”Indexet”).

Handla N100 ETF

iShares NASDAQ 100 Swap UCITS ETF USD (Acc) (N100 ETF) är en börshandlad fond (ETF) som handlas på London Stock Exchange.

London Stock Exchange är en marknad som få svenska banker och nätmäklare erbjuder access till, men DEGIRO gör det.

Börsnoteringar

BörsValutaKortnamn
Euronext AmsterdamUSDNASQ
London Stock ExchangeGBPN100

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XNSXNASDAQ 100 GROSS INDEX IN USDOther99.34–USD
FTNTFORTINET INCInformationsteknologi4.92US34959E1091USD
AMZNAMAZON COM INCSällanköpsvaror3.95US0231351067USD
EPAMEPAM SYSTEMS INCInformationsteknologi3.81US29414B1044USD
TSLATESLA INCSällanköpsvaror3.79US88160R1014USD
GDDYGODADDY INC CLASS AInformationsteknologi3.49US3802371076USD
PYPLPAYPAL HOLDINGS INCFinans3.32US70450Y1038USD
ADSKAUTODESK INCInformationsteknologi3.31US0527691069USD
NFLXNETFLIX INCKommunikation3.30US64110L1061USD
CDNSCADENCE DESIGN SYSTEMS INCInformationsteknologi3.28US1273871087USD

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