Market Moves: Week Ending 6 September 2024
Short equity funds (BBUS, BBOZ, SNAS) were the top performers after weak labour reports brought back fears the US may be headed ... By Justin Lin
Thoroughly researched perspectives and commentary on the trends shaping global markets. Subscribe to Updates →
Exploring a range of subjects as diverse as our product lineup.
Short equity funds (BBUS, BBOZ, SNAS) were the top performers after weak labour reports brought back fears the US may be headed ... By Justin Lin
Palladium (ETPMPD) was the top performing asset of the week on reports of growing adoption of hybrids over electrical vehicles in the ... By Justin Lin
Crypto ETFs (BTXX, CRYP, EBTC, IBTC, VBTC) were some of the top performing assets of the week after Fed Chair Jerome Powell ... By Justin Lin
Geared US equity funds (GGUS, LNAS) were the top performers of the week after the US stock market rallied on strong economic ... By Justin Lin
Crude Oil (OOO) was the top performing non-leveraged fund this week after geopolitical tensions flared once again between Israel and Iran. Reports ... By Justin Lin
Government bond ETFs (GGAB, GGFD, GGOV) were the top performers last week after a weak US labour report sent investors scrambling for ... By Justin Lin
Bitcoin (BTXX, EBTC, IBTC) was a top performer last week after Former President Donald Trump talked up the asset at the 2024 ... By Justin Lin
Bitcoin ETFs (EBTC, IBTC, VBTC) were the top performers of the week after reports emerged that the German government had completed the ... By Justin Lin
Rate sensitive, tech-enabled industries such as clean energy (HGEN, T8EV, TANN) and biotechnology (CURE) were the top performers last week after a ... By Justin Lin
Big tech and risk-on growth ETFs (FANG, HYGG, LNAS, MCGG, WCMQ) were the top performers last week after US data releases signalled ... By Justin Lin
Cybersecurity ETFs (BUGG) were thrust into the spotlight after CDK Global, a major car dealership software provider, was hacked, leaving 15,000 car ... By Justin Lin
Platinum group metals (ETPMPD, ETPMPT), also known as PGMs, were the top performing assets of the week. Spot palladium prices hit one-month ... By Justin Lin
Risk-on, big tech ETFs (FANG, HNDQ, LNAS, SEMI) were the top performers last week after data releases in the US showed slowing ... By Justin Lin
Crypto ETFs (CRYP, EBTC) were the top performing assets of the week as Bitcoin retested all-time highs, reaching US$72,000 on a surge ... By Justin Lin
Short equity funds (SNAS) beat the market last week as the Nasdaq and S&P 500 snapped a five-week win streak on poor ... By Justin Lin
Ethereum (EETH) was the best performing asset of the week as investors celebrated the SEC’s approval of 19b-4 filings allowing US exchanges ... By Justin Lin
Crypto ETFs (CRYP, EBTC, EETH) were the top performers last week as the industry prepared for the SEC’s impending decision of whether ... By Justin Lin
Precious metals and their miners (ETPMAG, MNRS, GDX, ETPMPM, ETPMPD, GLDN) were the top performers of the week. Renewed US rate-cut optimism ... By Justin Lin
Risk-on, rate-reliant industries (CLNE, CURE, ERTH, HGEN, TANN) such as biotech and clean energy technologies, were the top performers of the week ... By Justin Lin
Risk-on tech-oriented ETFs (CRYP, GGUS, IBUY, LNAS, SEMI) outperformed last week after a busy week of US earnings saw over 80% of ... By Justin Lin
Short equity funds (BBOZ, BBUS, BEAR, SNAS) thrived last week after US Fed Chair Jerome Powell stated his dissatisfaction with the country’s ... By Justin Lin
Carbon credits (GCO2, XCO2) were the best performing assets last week after the UN’s Carbon Emissions Watch Dog announced that it will ... By Justin Lin
Silver (ETPMAG) was the top performing asset of the week as it rallied in response to gold hitting new all-time highs.1 The ... By Justin Lin
Crypto ETFs (EBTC, EETH) were the top performers of the week as investors geared up for the impending Bitcoin ‘halving’.1 Historically, Bitcoin’s ... By Justin Lin
Risk-on, technology ETFs (FANG, GGUS, LNAS, SEMI, TANN) were the top performers last week after Fed chair Jerome Powell allayed investor concerns ... By Justin Lin
Electrification and transition-critical metals ETFs (GMTL, WIRE, XMET) were the top performers of the week after Chinese copper smelters agreed to temporarily ... By Justin Lin
Crypto ETFs (EBTC, EETH) were the best performers last week as Bitcoin surged passed US$70,000 to new all-time highs on positive sentiment ... By Justin Lin
Crypto ETFs (CRYP, EBTC, EETH) were the top performers of the week after Bitcoin hit an all-time Australian dollar high of $100,000.1 ... By Justin Lin
Ethereum (EETH) was the top performing asset of the week as investors geared up in anticipation of the ‘Dencun’ upgrade, a system-wide ... By Justin Lin
Crypto ETFs (CRYP, EBTC, EETH) dominated the top performers list once again as Bitcoin surged to US$52,000, its highest mark since 2021.1 ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Crypto ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Crude Oil (OOO) ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Semiconductor firms and ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Ethereum (EETH) was the ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Inverse bond and equity ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Physical palladium (ETPMPD) was ... By Justin Lin
For the fourth consecutive month, the crypto market rally continued to gain momentum. This momentum was driven by a combination of factors ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on, tech-oriented ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Cryptocurrency ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Clean energy ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
The month of October was defined by continued optimism about the prospect of a spot bitcoin (BTC) ETF being approved by the ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on and leveraged ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Cryptocurrency ETFs (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Bitcoin ETFs (EBTC) ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Physical gold and ... By Justin Lin
The current narrative dominating crypto markets revolves around the persistently low trading volumes on both centralised and on-chain exchange platforms. In fact, ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short equity funds ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
Crypto and digital assets markets generally lacked direction in August. The first half of the month saw volatility across bitcoin (BTC) and ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk-on investments (CRYP, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Uranium ETFs (ATOM, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short equity funds (BBOZ, ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Looking for our Digital ... By Justin Lin
Price action across the digital assets landscape was divergent in July, and largely driven by headlines related to regulatory developments. A primary ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Short US ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. China-focused ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Healthcare ETFs ... By Justin Lin
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. Risk assets ... By Justin Lin
Despite very strong performance through the month of May, the digital assets industry garnered only limited media attention as investors focused on ... By Global X Research Team
ETF Express is Global X’s weekly coverage of the latest ETF Market Moves, Thematic Spotlight and Commodity Calls. For crypto enthusiasts, don’t ... By Justin Lin
It was a strong week for global equities as tech and risk-on ETFs (CRYP, DRIV, GGUS, TECH) performed well. US financial companies ... By Justin Lin
Crypto ETFs (EBTC, EETH, CRYP) dominated the top performers last week after BlackRock stunned the market with a filing for a Bitcoin ... By Justin Lin
Geared equity funds (LNAS, GEAR, GGUS) dominated the top performers last week as the Fed paused rate hikes for the month. CPI ... By Justin Lin
Carbon allowance ETFs (GCO2, XCO2) topped the performance charts last week after a recent assessment of global government policies on greenhouse gasses ... By Justin Lin
Following four months of upwards price movement, crypto markets retraced moderately in May. The pullback was triggered by US macroeconomic developments, as ... By Global X Research Team
Uranium and nuclear energy ETFs (ATOM, URNM) topped the performance charts last week as the ADVANCE (Accelerating Deployment of Versatile Advanced Nuclear ... By Justin Lin
Technology and AI-adjacent ETFs (SEMI, FANG, ASIA, CLDD, HACK, HYGG, LNAS, LPGD, NDQ) dominated last week as Nvidia’s record breaking earnings kickstarted ... By Justin Lin
Tech heavy ETFs (CLDD, FANG, HYGG, LNAS, LPGD, RBTZ, SEMI, CRYP) dominated the top performance charts last week. Artificial intelligence (AI) has ... By Justin Lin
Platinum group metals (ETPMPD, ETPMPT) topped the performance chart last week as China announced that it will implement upgraded emission standards for ... By Justin Lin
Gold and gold miner ETFs (GDX, MNRS, QAU) were the theme across the top performers list last week as gold rallied above ... By Justin Lin
Crypto and Bitcoin ETFs (CRYP, EBTC) were top performers for the week, returning to the spotlight as the collapse of First Republic ... By Justin Lin
After a volatile March which saw the prices of crypto assets surge, April saw relatively muted price activity despite high-profile developments in ... By Global X Research Team
Platinum group metals or PGMs (ETPMPD, ETPMPT) were standout performers last week as China’s GDP surprised, growing 4.5% in the first three ... By Justin Lin
Crypto ETFs (CRYP, EETH, EBTC) stole the show last week as Ethereum completed its milestone Shanghai upgrade, and Bitcoin rallied above USD ... By Justin Lin
Gold miner ETFs (GDX, MNRS) were top performers last week as gold prices surged to all-time Australian dollar highs and Newmont Corp’s ... By Justin Lin
Crude oil (OOO) was a standout performer last week as Russia declared it’s close to fully implementing a 500,000-barrels daily output cut ... By Justin Lin
Bitcoin and silver funds (EBTC, ETPMAG) were top performers once again as investors flocked to uncorrelated assets to hedge against global banking ... By Justin Lin
Crypto and precious metals ETFs were the best performers last week, with the Global X 21Shares Bitcoin ETF (EBTC) coming in first. ... By David Tuckwell
Short US equity funds (BBUS, SNAS) topped the performance charts last week as the banking sector crashed, catalysed by the collapse of ... By Justin Lin
Commodity and resource sector ETFs (WIRE, GDX, OZR, QRE, ETPMPT, XMET) were top performers last week as strong economic data in China ... By Justin Lin
Crypto markets pulled back over the last few weeks following a strong start to the year, though the market remains within the ... By Global X Research Team
Short US equity funds (SNAS, BBUS), which bet against the US share market, outperformed last week as US stocks plunged on the ... By Justin Lin
Cryptocurrency ETFs (EETH, EBTC, CRYP) were top performers last week as traders looked past recent crypto crackdowns and Bitcoin rebounded above $25,000 ... By Justin Lin
Crude oil and energy ETFs (OOO, FUEL) were top performers last week as Russia retaliated against western energy sanctions through massive cuts ... By Justin Lin
Tech-related ETFs (FANG, TECH, SEMI, LNAS) dominated the top performers’ chart last week as markets rallied on an expected 25bps rate hike. Investors ... By Justin Lin
Growth and tech-related ETFs (FANG, DRIV, HYGG, HNDQ, ESPO, LNAS) were the top performers last week as US Q4 GDP figures beat ... By Justin Lin
Crypto ETFs (EBTC, EETH, CRYP) continued their hot streak last week, topping the performers chart once again as lower interest rate expectations ... By Justin Lin
Crypto ETFs (EBTC, EETH, CRYP, FTEC) found some much-needed relief last week as Bitcoin and Ethereum surged over 10%. Crypto was hammered ... By Justin Lin
China-focussed ETFs (IZZ, ASIA, IAA) were the top performers last week as the Chinese stock market smiled upon a policy overhaul. Easing ... By Justin Lin
Powered by 21Shares This Week in Crypto Markets have crumbled over the past week, which can in part be attributed to skepticism ... By 21Shares
Inverse funds (SNAS, BBUS, BBOZ) dominated the top performers list once again last week as US stocks underperformed. Investors which bet on ... By Justin Lin
Powered by 21Shares This Week in Crypto Markets have entered an arguably historical week for crypto, with a few critical events upon ... By 21Shares
Inverse funds (SNAS, BBUS, BBOZ, BEAR) stole the show last week, leading the top performers as stocks underperformed in the lead up ... By Justin Lin
Powered by 21Shares This Month in Crypto: Executive Summary Markets have crumbled over the past month on the back of the collapse ... By 21Shares
Top performing ETFs last week heavily featured Chinese tech giants Baidu, Alibaba, Tencent – known as the “BAT” – (IZZ, ASIA, FANG, ... By David Tuckwell
Top performing ETFs last week were made up heavily of Australian REITs and gold miners. Gold miners benefitted from rebounding gold prices ... By David Tuckwell
Powered by 21Shares This Week in Crypto The crypto markets spent a second week suffering the aftermath of the FTX debacle that ... By 21Shares
Chinese focussed ETFs were amongst the top performers last week as investors rode a wave of optimism on the possibility of a ... By Justin Lin
Powered by 21Shares It was one of the most shocking weeks in crypto history. On November 2, CoinDesk leaked Alameda’s balance sheet, showing that ... By 21Shares
Top performers last week all benefitted from the possibility of a less aggressive US Federal Reserve. Thanks to a lower-than-expected US inflation ... By David Tuckwell
Powered by 21Shares This Week in Crypto Markets entered another week of resistance, with Bitcoin closing at $20.6K on Monday, close to ... By 21Shares
The best performing ETFs last week focussed on China, as markets bounced back from Xi Jinping’s reappointment. Among them was the Global ... By David Tuckwell
Powered by 21Shares This Week in Crypto: Markets have persevered over the past month on the back of inflation pressures sandwiched by ... By 21Shares
Ethereum ETFs were the top performers last week, as ether had its biggest weekly rally in three months. The rally was driven ... By David Tuckwell
Powered by 21Shares This Week in Crypto The crypto market entered another week maintaining a high resistance level, with Bitcoin’s price barely ... By 21Shares
The top performing ETFs last week overwhelmingly focussed on US technology companies. Most also used currency hedging. As markets took stock of ... By David Tuckwell
Powered by 21Shares This Week in Crypto Markets have struggled over the past week on the back of inflation pressures sandwiched by ... By 21Shares
The Global X Ultra Short Nasdaq 100 Hedge Fund (SNAS) was the top performing ASX-listed fund last week, as the Nasdaq 100 ... By David Tuckwell
Powered by 21Shares This Week in Crypto: Bitcoin and Ethereum are down by 3% and 3.6%, respectively, over the past week. In ... By 21Shares
Commodities and resources ETFs were the top performers last week, with eight of the top 10 having commodities or resources exposure. Oil ... By David Tuckwell
Powered by 21Shares This Month in Crypto: The overall cryptoasset market tumbled by almost 5% over the past month to rest at ... By 21Shares
Crypto and gold mining ETFs were the best performers last week, boosted by rising gold and bitcoin prices. Gold miners (GDX, MNRS) ... By David Tuckwell
View the SelfWealth SMSF Leaders ETF’s Annual Financial Report, here. By Amelia Serdoz
Powered by 21Shares This Week in Crypto Markets performed better than last week, despite the biggest cryptoassets still in capitulation zone. Bitcoin ... By 21Shares
In a rough week for the global share market, the best performing ASX-traded funds were those betting heavily against the market—SNAS, BBUS. ... By David Tuckwell
A constant throughout history is that humans continually look for ways to make work more efficient. With Robotics & AI themes creeping ... By Global X Research Team
Electronic and autonomous vehicles (EV/AVs) highlight the Mobility theme’s potential, as they represent an entirely new class of everyday consumer goods and ... By Global X Research Team
This document is issued by Global X Management (AUS) Limited (“Global X”) (Australian Financial Services Licence Number 466778) and Global X is solely responsible for its issue. This document may not be reproduced, distributed or published by any recipient for any purpose. Under no circumstances is this document to be used or considered as an offer to sell, or a solicitation of an offer to buy, any securities, investments, or other financial instruments. Offers of interests in any retail product will only be made in, or accompanied by, a product disclosure statement (PDS) which is available at www.globalxetfs.com.au. In respect of each retail product, Global X has prepared a target market determination (TMD) which describes the type of customers who the relevant retail product is likely to be appropriate for. The TMD also specifies distribution conditions and restrictions that will help ensure the relevant product is likely to reach customers in the target market. Each TMD is available at www.globalxetfs.com.au.
The information provided in this document is general in nature only and does not take into account your personal objectives, financial situations or needs. Before acting on any information in this document, you should consider the appropriateness of the information having regard to your objectives, financial situation or needs and consider seeking independent financial, legal, tax and other relevant advice having regard to your particular circumstances. Any investment decision should only be made after obtaining and considering the relevant PDS and TMD.
This document has been prepared by Global X from sources which Global X believes to be correct. However, none of Global X, the group of companies which Mirae Asset Global Investments Co., Ltd is the parent or their related entities, nor any of their respective directors, employees or agents make any representation or warranty as to, or assume any responsibility for the accuracy or completeness of, or any errors or omissions in, any information or statement of opinion contained in this document or in any accompanying, previous or subsequent material or presentation. To the maximum extent permitted by law, Global X and each of those persons disclaim all any responsibility or liability for any loss or damage which may be suffered by any person relying upon any information contained in, or any omissions from, this document.
Investments in any product issued by Global X are subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of Global X, the group of companies of which Mirae Asset Global Investments Co., Ltd is the parent, or their related entities, nor any respective directors, employees or agents guarantees the performance of any products issued by Global X or the repayment of capital or any particular rate of return therefrom.
The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Performance is not a reliable indicator of future performance.