08.10.2015 - ETF Moves Are Swaying Commodity Market Prices
More investors are turning to exchange traded funds as an easy way to access commodity market moves. As the commodity ETFs grow in size, the funds are beginning to play a larger role in commodity price formation. In a recent Société Générale note, Mark Keenan, head of commodity research Asia, and Dr. Michael Haigh, global head of commodities research, argue that recent exchange traded product, which include both ETF and exchange traded note, flows have affected the prices of underlying commodities. The recent surge in oil ETP flows were enough to support oil prices as they fell, or cushion the recent fall as more investors jumped onto oil ETFs in a bid to catch the falling knife...............................................Full Article: Source
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