S&P 500 lost 2.39% in a week after comments from Fed officials increased speculation of a rate hike in September FOMC meeting. S&P/ASX 200 and EURO STOXX 50 dropped 0.63% and 0.86% respectively. Nikkei 225 rose slightly, by 0.24%.
WTI crude price jumped 3.24% to close at US$45.88/bbl as the commercial crude oil inventory in the US fell by 14.5 million barrels. Gold rose 0.46% to US$1,331/troy ounce.
The Australian dollar fell 42bps to US75.41c. During the week, both the Japanese yen and Euro strengthened against the US dollar.
The Australian ETF market saw an active week with A$62.9m of inflows and an outflow of A$0.3m from domestically domiciled ETFs. The majority of the inflows went into domestic equity ETFs and the only outflow was from a small cap equity ETF.
.jpg)
Click here to Download the full report
ShareCafe and ANZ ETFS have developed an educational series of videos to provide you with valuable insights into what you need to consider when investing in Exchange Traded Funds (ETFs). You can see the full series here.
If you would like to learn more about ANZ ETFS EURO STOXX 50® ETF (ESTX) go to.
Kris Walesby, Head of ANZ ETFS
