Oil ETFs Slide as Americans Cut Back on Driving
Crude oil prices and related exchange traded funds plunged Wednesday, with gasoline prices easing, as Americans cut back on the traditional summertime road trip.
Source: etftrends.com
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Food Prices Are Starting to Ease, but Are Still Relatively High
In specific instances, food prices are starting to ease, but the threat of global inflation could tamp down demand.
Source: etftrends.com
Retail Investors Buck Flows Trend To Add To Energy ETFs
The largest energy-focused equity ETFs in the U.S. have taken almost $6.7 billion in net outflows since May in a combination of profit-taking and fears over when, or if, the country falls into recession.
Source: etftrends.com
World Gold Council Doesn't Rule Out More Upside for Gold
Gold prices got an additional boost after the Federal Reserve raised the federal funds rate by an additional 75 basis points.
Source: etftrends.com
Energy ETFs Are Gaining Momentum
Energy sector-related exchange traded funds are strengthening as traders turn more bullish and oil prices push higher on a weakening U.S. dollar.
Source: etftrends.com