NASDAQ-100 Index, som ofta är känt helt enkelt som NASDAQ, är ett av världens mest kända riktmärken. Indexet använder en modifierad marknadsstrategi som återspeglar resultatet av en tekniskt tung korg med stora lager som kan skilja sig dramatiskt från index som Dow och S & P 500. NASDAQ-100 är också den underliggande för en av de äldsta och mest populära ETF; PowerShares QQQ ETF (QQQ, B) som kom att bli myndigt i mars 2018 och har mer än 33 miljarder dollar i tillgångar. Det finns andra ETF som är kopplade …
Tracks a unique index designed in collaboration with AI & technology market experts, Nasdaq and the Consumer Technology Association Offers focused exposure to exponential AI megatrend
London, 5 December 2018: WisdomTree, the exchange traded fund (”ETF”) and exchange traded product (”ETP”) sponsor, has partnered with Nasdaq and the Consumer Technology Association (CTA) to launch an ETF providing unique exposure to the Artificial Intelligence (AI) sector. The WisdomTree Artificial Intelligence UCITS ETF listed on the London Stock Exchange today, with a total expense ratio (TER) of 0.40%.
The ETF will provide investors with …
Gold’s Old Ceiling or a New Floor?
Gold and Precious Metals – Gold’s Old Ceiling or a New Floor?
Gold’s Old Ceiling or a New Floor? by Joe Foster, Portfolio Manager/Strategist
As the U.S. dollar strengthened, gold bullion declined in May while gold stocks saw little movement.
Signs of a late-cycle economy and geopolitical risks continue to mount with gold maintaining its resiliency while waiting for a market catalyst.
The price trend of gold indicates a new trading pattern in early ’19 with $1,365 per ounce as either the old ceiling or a …
Focusing on Gold’s Resilient Base
Gold and Precious Metals – Focusing on Gold’s Resilient Base
Gold Trended Higher Early, But Ended April Slightly Down as Dollar Strengthened
Gold trended higher in early April due to trade tensions between the U.S. and China, prospects of airstrikes on Syria, and heightened inflation expectations following a higher than expected March Producers Price Index (PPI)1 and a 2.1% annual rise in the core Consumer Price Index2. Gold topped at $1,365 per ounce on April 11. This level has been the proverbial price ceiling for gold since 2014. …
Gold’s Muted Response Speaks Volumes
Contributors to the text Gold’s Muted Response Speaks Volumes: Joe Foster, Portfolio Manager and Strategist, and Imaru Casanova, Deputy Portfolio Manager/Senior Analyst for the Gold Strategy
Gold Faced Selling Pressure Early in February Despite Normally Positive Conditions
In an environment that would typically be positive for gold, it appears gold faced selling pressure as investors searched for liquidity to cover margin calls and redemptions. Gold declined in February as increased market volatility and a drop in equity and bond markets failed to support demand for gold as a …
Tax Reform Adds Fuel to Gold’s Engine
Tax Reform Adds Fuel to Gold’s Engine a Gold Commentary July by Joe Foster, Portfolio Manager/Strategist
Gold’s Yearend Pattern Repeated: Oversold Ahead of Rate Increase Then Rebound
The Federal Reserve (the ”Fed”) raised rates for the third time in 2017 following the Federal Open Market Committee (FOMC) meeting on December 12. Since 2015, gold has established a yearend pattern where it becomes oversold ahead of the December Fed rate decision. This pattern repeated again this year as the gold price trended to a five-month low of …
Gold Sets a High Bar for Bitcoin
Gold Sets a High Bar for Bitcoin, a Gold Commentary July by Joe Foster, Portfolio Manager/Strategist
Gold bullion rallied 2.25% in July despite heavy gold bullion ETP redemptions, while gold stocks moved slightly higher.
We see $1,200 as a resilient floor for gold, with prices yet to trend through $1,300. The most obvious catalyst is likely to be U.S. economic weakness, which might persuade the Fed to turn cautious.
Investors are eager to understand digital currencies like bitcoin. We evaluate this ”fad” in the context of …
Gold Reacts to Fed Hawks in June
VanEck Joe Foster Gold Reacts to Fed Hawks in June
Gold continued its range-bound trading pattern, fluctuating between $1,200 and $1,300 per ounce since January. In June the price fell $27.39 (-2.16%) to end the month at $1,241.55. On June 14, the Fed raised rates for the fourth time in this rate hiking cycle. A common pattern emerged for the first three rate hikes with gold price weakness ahead of the hikes, followed by a rally to higher prices immediately after each hike. This pattern …
Gold Reacts to Dwindling Reflation Trade
Market Review – Gold Reacts to Dwindling Reflation Trade
Weak U.S. Dollar, Economic and Political Stability Support Gold Price Recovery
The gold price changed very little in May, recovering towards the end of the month after early weakness brought on by the French presidential election and the FOMC (Federal Open Market Committee) meeting. From the first round of the French elections on April 23 to the final round on May 7, markets became increasingly convinced that the pro-EU candidate Emmanuel Macron would win the election. This pressured …
Weaker US Dollar, Investment Demand Sustains Gold’s Momentum in April
Weaker US Dollar, Investment Demand Sustains Gold’s Momentum in April by Joe Foster, Gold Strategist
Gold’s positive momentum continued in April. Bullion traded as high as $1,289.60 per ounce on April 18, driven primarily by weaker than expected U.S. economic data. Most notably, figures released in the jobs report were below expectations and additionally, U.S. factory output surprised on the downside. Gold also gained support from comments by President Trump during an interview on April 12, in which he stated that the …
Gold Follows Rate Hike Pattern
Gold and Precious Metals Weakness to Rally: Gold Follows Rate Hike Pattern
Rate Increase and Political Uncertainty in U.S. are Primary Drivers in March
Expectations around the Federal Reserve’s (Fed) March 15 rate announcement were the principal drivers of the gold market in March. U.S. economic statistics have been somewhat positive recently, leading the market to expect the Fed to become more hawkish and to perhaps even guide for four rate increases in 2017 (one more than the Fed had announced in December). As a result, gold was …
Gold’s Resilience Strengthens in February
Gold Responds Strongly to Normally Adverse Conditions
Gold’s Resilience Strengthens in February. Gold moved through the $1,200 level and showed resilience in February as a number of normally bearish factors failed to weaken prices. Federal Reserve Chair Janet Yellen’s mid-February testimony to Congress indicated tighter monetary policies, and subsequent comments from regional Fed presidents reinforced Yellen’s hawkish views. This lifted the market odds for a March Fed rate increase and in response the U.S. dollar strengthened considerably, with the U.S. Dollar Index (DXY)1 up 1.9% for the …
Gold Supported by Cracks in Market Confidence
Say Hello to the New Market Obsession
Gold Supported by Cracks in Market Confidence. Since the financial crisis of 2008-2009, markets have been obsessed with what the Federal Reserve does or doesn’t say or do. This past January, the Fed was relatively quiet, giving no indications of an early year rate increase. This silence has forced the markets to find a second obsession: The Trump Administration. It appears as if there will be at least four more years of obsessing over President Trump’s actions and …
Gold’s Long-Term Appeal Remains Intact
Market Review – Gold’s Long-Term Appeal Remains Intact
Gold Market Commentary December 2016
Consolidation in Gold Market on U.S. Dollar Strength
It looks as if gold is now consolidating the losses experienced since the November U.S. presidential election. Gold reached its lows for the month of December at $1,137 per ounce following the Federal Reserve’s (the “Fed”) December 14 announcement to increase the targeted federal funds rate1 by 25 basis points. The Fed’s decision also caused the U.S. Dollar Index (DXY)2 to jump to new highs. Gold finished the …
Trump Uncertainty Could Be “Huge” for Gold
Market Review – Trump Uncertainty Could Be “Huge” for Gold
Gold Market Commentary November 2016
Our positive view on the long-term prospects for gold remain unchanged. The U.S. elections are over, and markets will likely take time to reflect the full impact of a Trump victory. Gold immediately rose above $1,300 per ounce yesterday on news of Trump’s win, but settled back to end the day at $1,278. Price volatility in the short run is not surprising.
Fed Comments on December Rate Hike Break Gold’s Upward …
Markets contained following Trump upset
Trade Idea – FX Weekly – Markets contained following Trump upset
The market calm that has followed Trump’s victory is unlikely to persist in the medium term.
Political risks remain elevated in Europe and the shock result could garner momentum for anti-establishment populist parties ahead of key elections.
Safe haven assets and currencies are likely to remain well supported as uncertainty continues to characterise the financial landscape.
Against the odds
In a similar set up to the EU referendum, Donald Trump has managed to defy poll-based forecasts and betting odds to …
Gold Bull Market Loses Some Shine, But Remains Healthy
Market Review – Gold Bull Market Loses Some Shine, But Remains HealthyGold Consolidates Amid Late Summer Doldrums
Gold Market Commentary September 2016
Gold was range-bound in September, moving in the $1,300 to $1,350 per ounce range. Economic news from the U.S. was generally weak and central bank announcements were supportive of gold. The Federal Reserve (the “Fed”) kept rates on hold and downgraded its median GDP growth projection for 2016 to 1.8% from 2.0%. The Bank of Japan (BOJ) acknowledged that negative rates …
Gold Consolidates Amid Late Summer Doldrums
Market Review – Gold Consolidates Amid Late Summer Doldrums
The late summer period of August into September is shaping up to be a period of consolidation for gold markets. This follows the strong 28.5% year-to-date gain in the gold price as of July 6, which represented a two-year high. Gold equities reached a new three-year high on August 12 having climbed 127.6%, as measured by the NYSE Gold Miners Index1 (GDMNTR). In late August, however, the gold sector cooled off, and gold prices declined $42.03 per …
Setting the Stage for the Next Gold Bull Market
Market Review – Setting the Stage for the Next Gold Bull Market
The gold market moved to the beat of the Federal Reserve’s (the “Fed”) rate hike signal drumming in May. At the beginning of May, the probabilities of a rate increase, as implied by the federal funds futures markets1, were 12% for an increase in June and 26% for a July increase. That dropped to 4% for June and 19% for July by May 16. On May 18, the market interpreted the …
MSCI to China: Let Us In and We’ll Let You In
MSCI to China Let Us In and We’ll Let You In. Chinese regulators have realized that mainland equity markets need to be more accommodating, transparent, and, in the case of Morgan Stanley Capital International (MSCI), more open. Inclusion of China A-shares in MSCI’s Emerging Markets Index, a benchmark with an estimated $1.5 trillion tracking it, may be pivotal in encouraging new investment in the country.
In 2014, MSCI first considered including China A-shares in its Emerging Market Index. At that time …
China’s “New Economy” Leshi Makes Vital Acquisition
Dubbed ”the Netflix of China”, Leshi Internet Information & Technology Corporation was the first online video firm to go public in China. On May 9, 2016, Leshi announced its plans to acquire Le Vision Pictures, which will help further expand its business into film production and the ”big screen”. Leshi is a great example of how the tech service industry is helping to drive China’s New Economy (characterized by China’s transition from an investment-driven to a consumer-led economy).
China’s economic growth woes aside, its transition …
Natural Resources by Van Eck
Oil Market’s Shifting Supply and Demand Fundamentals Natural Resources by Van Eck
TOM BUTCHER: Shawn, thus far in 2016, have supply and demand fundamentals in the oil market shifted as you expected them to?
SHAWN REYNOLDS: We believe that there is no doubt that the oil market’s supply and demand fundamentals are coming into place and will tighten through the end of the year. However, we think the timing is unclear in terms of how fast or slow this will happen, but we are likely to see tightening …
Gold Extends its Strength in April
Market Review – Gold Extends its Strength in April
The gold market has moved from a position of strength to one of even greater strength. The gold price entered a consolidation in March but never traded below $1,200 per ounce. Late in April the gold price broke out of its consolidating pattern to reach its 2016 high of $1,296 per ounce and ended April at $1,292.99 per ounce for a gain of $60.28 (4.9%). On May 2 gold traded above $1,300 per ounce for the first …