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April 25, 2021
The VanEck Vectors ® Real Asset Allocation ETF (“RAAX”) returned +2.29% versus -2.15% for the Bloomberg Commodity Index. March was another strong month for RAAX. The largest contributors to performance, from largest to smallest, were income assets with a return of +5.66%, financial assets with a return of +2.72% and resource assets, with a return of +0.48%. President Joe Biden recently announced an ambitious $2.3 trillion spending plan to upgrade the nation’s bridges, roads, schools and...
April 19, 2021
Add to Bookmarks Saxo Bank publishes weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial. The below summary highlights futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, April 13. A week where elevated risk appetite, courtesy of a weaker dollar and softer Treasury yi...
April 7, 2021
Commodity ETFs are the best way to play green energy revolution Share on: Rather than buy renewable energy ETFs, investors may want to consider commodity exposure. Governments around the world are committed to combating climate change, with many pledging to become ‘carbon neutral’ at some future date. More than 170 nations have signed up to the Paris Climate Agreement, which commits them to trying to keep global warming below two degrees Celsius. To achieve this, governments will have to ...
April 6, 2021
forecasts Broad Risk Reduction from Funds Failed to Spoil Strong Q1 for CommoditiesThe below summary highlights futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, March 30. A week that saw renewed selling of the tech heavy Nasdaq, as US ten-year yields climbed to the highest since January 2020 and the dollar rose. The Bloomberg Commodity index finished a strong quarter despite five consecutive weeks of net selling from hed...
April 1, 2021
MUMBAI: The global base metal industry has had a lot going for it over the past six months as a rapid rebound in economic activity and surging commodity prices have titillated investor interest. On Wednesday, US President Joseph Biden further buttressed investors’ optimism after announcing plans for a $2.25 trillion worth of infrastructure spending over the next eight years. The plan will focus on rebuilding the US’ creaking physical infrastructure as well as creating the foundation of a cl...
March 15, 2021
The VanEck Vectors ® Real Asset Allocation ETF (“RAAX”) returned +4.61% versus +6.47% for the Bloomberg Commodity Index. In general, most real assets continue to benefit from the expectation of higher inflation, while oil prices were lifted higher due to supply constraints that resulted from the deadly storm in Texas. On the other hand, income producing real assets were negatively impacted by the rapid surge in interest rates. Gold prices remain under pressure due to optimism about future...
March 1, 2021
Futures positions held and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, February 23. A week that saw growing unease across markets as bond yields continued to rise. A continued rally in commodities attracted profit taking from funds in both energy and metals while they added further length to an already record agriculture long.
February 25, 2021
Loonie tops 80 cents for first time since 2018 as commodities rise Ian Vandaelle, BNN Bloomberg VIDEO SIGN OUT The Canadian dollar broke above 80 cents U.S. Thursday, hitting its highest level since February 2018 amid speculation the global reflation trade will continue to lift commodity prices, driving currencies traditionally tied to the commodities complex higher. That reflation trade, which has investors buying into industrially-sensitive commodities in anticipation of an uptick in ...
February 24, 2021
The VanEck Vectors ® Real Asset Allocation ETF (“RAAX”) returned 7.21+% versus +2.63% for the Bloomberg Commodity Index. January started off strongly, RAAX was up 5.39% mid-way through the month, but it gave back much of this performance to finish the month with a total return of 1.24% as fears of dangerous COVID-19 mutations weighed upon the market.[1] RAAX invests in three types of real assets: financial assets, income assets and resource assets. RAAX evolved and diversified its financi...
February 23, 2021
Market Movers: What sparked rally in PSU refiners; 42 stocks give sell signal SECTIONS Share Synopsis The breadth of the market favoured bulls as advancing stocks on the National Stock Exchange outnumbered declining ones. Shutterstock.com In the broader market, the gains were more prominent as the Nifty Midcap 100 and Nifty Smallcap 100 index rose 1 per cent and 0.9 per cent, respectively. Related MUMBAI: An attempt by benchmark equity indices to rebound from the five-day selling spree fizzled ...