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This week's highlights The S&P/ASX 200 declined by 1% last week as financial stocks continued to suffer from bank-levy related selling. The S&P 500  gained 0.2% as a rebound in technology stocks from the previous week's dip offset falls in the energy sector. The Nikkei 225 gained 1%, while the EURO STOXX 50 ended the week flat. ETFS Morningstar Global Technology ETF (TECH) was the top performing ETF for the week, while VanEck Vectors ChinaAMC A-Share ETF (CETF) benefited from the decision to include China A-shares in the MSCI Emerging Markets Index. The Australian dollar ended the week 0.7% lower, suffering its worst week in two months on the back of lower commodity prices. WTI crude declined 3.9% to US$43/bbl and officially entered a bear market. Precious metals dipped early in the week before finishing the week strongly. The broad Bloomberg Commodity Index declined 2% for the week. The Australian ETF market saw inflows of A$226m and outflows of A$31m from domestically domiciled ETFs. The largest inflows were into broad-based domestic equity funds (STW, QOZ and IOZ) and BetaShares Australian High Interest Cash ETF (AAA). The bulk of outflows were from iShares S&P 500 AUD Hedged (IHVV). ...
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Palladium on the move? ETFS Physical Palladium (ETPMPD) In this week’s ETF Securities trade idea we examine the drivers behind palladium’s recent price run (up 30% YTD) and look at whether it has further to go. We identify four key points to consider: Palladium’s major use is in autocatalysts used in emission reduction equipment in gasoline cars and its main suppliers are South Africa and Russia Demand for gasoline vehicles is on the rise in key markets such as China and India and diesel demand is declining globally ...