06.05.2015 - 4 Industrial Metal ETFs Leading the Space Rally
Metal ETFs persistently gave a weak performance for much of 2014 and the initial phase of 2015. The combination of a stronger greenback, a slumping China, the oil price rout and the adverse demand-supply imbalance have put a hold over several industrial metals in recent times. However, since the last one month, a huge reversal in the space is being noticed, as many metals in the segment have started to see bumper trading. In fact, the metal space has seen Pure Beta Lead ETN ( LEDD ) returning as high as 21% in the last four-week period. A dovish Fed which is in no hurry to hike key rates in the U.S. and the resultant moderation in the greenback lent a hand in pushing the space higher...............................................Full Article: Source
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