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Watershed week for commodities spurs ”risk-on” mode

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10 år sedan

den

13 oktober, 2015

Redaktionen

ETFS Multi-Asset Weekly – Watershed week for commodities spurs ”risk-on” mode

Highlights

•   Commodities: Production cuts hint at first signs of a floor in commodities.
•   Equities: Dovish FOMC minutes add $2.5 trillion to equities sending stocks higher.
•   Currencies: Greenback heads for biggest weekly slide after 2015 rate hike fades away.
•   We will be hosting a webinar that will provide key insights into the fast emerging developments in robotics and the opportunities it represents for investors.

Chinese stocks are leading the Asian rally today after speculation the government will increase stimulus. Global stocks enjoyed their best week in 2015 which saw commodities finally stage a comeback after dovish minutes by the Federal Reserve open market committee meeting (FOMC) extended the dollar’s decline. While central banks in Europe, UK and Japan remain cautious on the global economy, their accommodative stance raised hopes of further stimulus. The official benchmark for stock market volatility-the VIX index fell below its long term average for the first time in 6 weeks.

Commodities

Production cuts hint at first signs of a floor in commodities. Despite the unexpected rise in crude oil inventories by 2.3mn barrels, WTI crude and brent oil posted their strongest weekly gains 8.9% and 9.4% respectively. A trifecta of reasons – geopolitical risk premium, a lower US dollar and caution of a spike in oil prices by Shell, explain this week’s oil rally. Zinc spurred the base metals complex, reaching a four-week high of $1824.5 per ton, after Glencore announced plans to cut zinc production by a third due to persistent lower prices. Platinum staged a comeback rising 3.5%, from a lower supply outlook after Zimbabwe asked miners to cut power usage by 25% amid a water shortage. Coffee continued its upward trend supported by stocks falling to their lowest level since August 2012 reported by the Intercontinental Exchange and the impending Brazilian coffee harvest.

Equities

Dovish FOMC minutes add $2.5 trillion to equities sending stocks higher. Global equity markets posted their strongest week in 2015 as the minutes of the FOMC meeting pointed to a delay in the 2015 rate hike. However, we believe the October and November payrolls will seal the decision. After remaining closed for the Golden week, Chinese equities resumed trading on Thursday and ended the week higher by 4.2%. Investors shrugged off the unexpected decline -1.2% in industrial production and -1.8% in factory orders from Germany (devoid of the Volkswagen impact) on hopes of further stimulus by the European central bank (ECB). Meanwhile industrial production in France was up 1.6% marking it first gain since January. Oil dependent sovereign wealth funds (SWFs) are emerging as the latest victim to sliding oil prices, and some oil exporting countries could divert money from their SWFs to bolster their fiscal positions.

Currencies

Greenback heads for biggest weekly slide after 2015 rate hike fades away. The US dollar extended its decline after the 2015 rate hike expectations were delayed further following the minutes of the FOMC meeting. The accommodative monetary policy stance echoed at the ECB meeting coupled with weak industrial production data saw the euro trade higher. The weakest reading in construction output since 2002 and an expanding trade deficit in August postponed the case for a rate hike by the Bank of England, putting sterling on a weaker footing. The RBA left rates on hold at 2.00% for the 6th month in a row and the Aussie strengthened on the back of rising commodities. The Bank of Japan failed to provide any further stimulus and the Yen remained weaker as risk appetite resumed spurred by rising commodities. Despite a rise in unemployment in September, the Loonie gained support from the oil price rally.

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 issued and approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by ETF Securities (UK) Limited (”ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (”FCA”).

Investments may go up or down in value and you may lose some or all of the amount invested. Past performance is not necessarily a guide to future performance. You should consult an independent investment adviser prior to making any investment in order to determine its suitability to your circumstances.

Liknande ämnen:ETF Securities FOMC råvaror

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The Dogecoin case study: How to value memecoins

Publicerad

49 minuter sedan

den

4 maj, 2025

Redaktionen

Dogecoin’s performance and staying power across multiple market cycles suggest it is not “just another one of those memecoins”.

Over the past decade, DOGE has outperformed even Bitcoin, delivering over 133,000% in returns, nearly 1,000x BTC’s gains in the same period. Despite deep drawdowns during bear markets, Dogecoin has shown remarkable structural resilience.

Following each major rally, it has consistently formed higher lows, a pattern of long-term appreciation and compounding strength.

Historically, Dogecoin has closely mirrored Bitcoin’s movements, often peaking a few weeks after. While 2024 saw Bitcoin dominate headlines following landmark ETF approvals, DOGE still followed its trajectory, though it has yet to stage its typical delayed breakout.

As macro uncertainty continues to fade and momentum returns to the market, retail participation is likely to accelerate, setting up conditions in which Dogecoin has historically thrived.

At the same time, regulatory clarity around Dogecoin has improved. The SEC recently confirmed that most memecoins are not considered securities, comparing them to collectibles. Additionally, they clarified that proof-of-work rewards, like those earned from mining DOGE, also fall outside that scope. These developments further legitimize Dogecoin’s role in the ecosystem, potentially setting the stage for its next paw up, especially as it now holds a firm base around $0.17, nearly 3x its pre-rally level before reaching a new all-time high in the last cycle.

In addition to its long-term performance, Dogecoin stands out as an asset that behaves asymmetrically, offering investors a rare source of uncorrelated returns across both traditional and crypto portfolios. With an average correlation of just 15% to major assets, DOGE’s price action remains largely detached from broader macroeconomic trends, reinforcing its value as a true diversification tool.

Dogecoin demonstrates significant independence within the crypto market, with its correlation to Bitcoin at only 31% and to Ethereum at 37%. This divergence stems from unique capital flow dynamics, where higher-beta assets like DOGE tend to rally after blue-chip crypto assets reach major milestones.

While Bitcoin slowly evolves into a digital store of value and Ethereum powers decentralized infrastructure, Dogecoin remains largely a cultural asset, thriving on narrative momentum and crowd psychology, offering explosive upside when risk appetite surges.

For investors seeking an upside without mirroring the behavior of core holdings, Dogecoin offers a compelling case. Its ability to decouple from market trends while tapping into more speculative surges makes it a powerful, though unconventional, addition to a portfolio with wildcard potential.
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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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MWOA ETF köper aktier i industriföretag

Publicerad

2 timmar sedan

den

4 maj, 2025

Redaktionen

Amundi S&P Global Industrials ESG UCITS ETF EUR (D) (MWOA ETF) med ISIN IE00026BEVM6, försöker följa S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials index. Det S&P-utvecklade ex-Korea LargeMidCap Sustainability Enhanced Industrials-indexet spårar industrisektorn. Aktierna som ingår filtreras enligt ESG-kriterier (miljö, social och bolagsstyrning).

Den börshandlade fondens TER (total cost ratio) uppgår till 0,18 % p.a. Amundi S&P Global Industrials ESG UCITS ETF EUR (D) är den billigaste ETF som följer S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials index. ETFen replikerar det underliggande indexets prestanda genom full replikering (köper alla indexbeståndsdelar). Utdelningarna i denna ETF delas ut till investerarna (Årligen).

Amundi S&P Global Industrials ESG UCITS ETF EUR (D) är en mycket liten ETF med 4 miljoner euro under förvaltning. ETFen lanserades den 20 september 2022 och har sin hemvist i Irland.

Investeringsmål

AMUNDI S&P GLOBAL INDUSTRIALS ESG UCITS ETF DR – EUR (D) försöker replikera, så nära som möjligt, resultatet av S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials Index (Netto Total Return Index). Denna ETF har exponering mot stora och medelstora företag i utvecklade länder. Den innehåller uteslutningskriterier för tobak, kontroversiella vapen, civila och militära handeldvapen, termiskt kol, olja och gas (inkl. Arctic Oil & Gas), oljesand, skiffergas. Den är också utformad för att välja ut och omvikta företag för att tillsammans förbättra hållbarhet och ESG-profiler, uppfylla miljömål och minska koldioxidavtrycket.

Handla MWOA ETF

Amundi S&P Global Industrials ESG UCITS ETF EUR (D) (MWOA ETF) är en europeisk börshandlad fond. Denna fond handlas på flera olika börser, till exempel Deutsche Boerse Xetra.

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

Börsnoteringar

Börs	Valuta	Kortnamn
gettex	EUR	WELT
XETRA	USD	MWOA
XETRA	EUR	WELT

Största innehav

Denna fond använder fysisk replikering för att spåra indexets prestanda.

Namn	Valuta	Vikt %	Sektor
SCHNEIDER ELECT SE	EUR	4.22 %	Industri
SIEMENS AG-REG	EUR	4.10 %	Industri
GENERAL ELECTRIC CO	USD	3.93 %	Industri
UNION PACIFIC CORP	USD	3.19 %	Industri
CATERPILLAR INC	USD	3.03 %	Industri
UBER TECHNOLOGIES INC	USD	2.50 %	Industri
EATON CORP PLC	USD	2.25 %	Industri
RELX PLC	GBP	2.24 %	Industri
RECRUIT HOLDINGS CO LTD	JPY	2.06 %	Industri
TRANE TECHNOLOGIES PLC	USD	1.99 %	Industri

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XENIX ETF AWARDS Nordics 2025, Stockholm

Publicerad

3 timmar sedan

den

4 maj, 2025

Redaktionen

XENIX kommer att vara värd för ETF AWARDS för de nordiska länderna för tredje gången i maj 2025. Alla noterade ETFer och traditionella indexfonder som erbjuds nordiska privata investerare beaktas. XENIX ETF AWARDS Nordics är de ursprungliga nordiska ETF AWARDS för alla trackerfonder.

XENIX kommer att vara värd för XENIX ETF AWARDS för de nordiska länderna för tredje gången i maj 2025. Alla noterade ETFer och traditionella indexfonder som erbjuds nordiska privata investerare beaktas. XENIX ETF AWARDS Nordics är de ursprungliga nordiska ETF AWARDS för alla trackerfonder.

Datum: Tisdagen den 13 maj 2025

Tid: 16,30 till 20,30

Plats: Scandic Haymarket, Hötorget 13-15, 111 57 Stockholm

XENIX kommer att vara värd för ETF AWARDS för de nordiska länderna för tredje gången i maj 2025. Alla noterade ETFer och traditionella indexfonder som erbjuds nordiska privata investerare beaktas. XENIX ETF AWARDS Nordics är de ursprungliga nordiska ETF AWARDS för alla trackerfonder.

Baserat på en kvalitativ rating utvärderar XENIX ratingvinnarna i utvalda investeringskategorier, dvs. de bästa ETFerna och trackerfonderna. Dessutom uppmärksammas innovativa ETF-nykomlingar och index, och specialpriser delas ut för anmärkningsvärda bidrag till vidareutvecklingen av indexerings- och ETF-marknaden.