Leverage Shares rolls out low-cost commodity ETCs on LSE

Leverage Shares has launched a series of Exchange-Traded Commodities (ETCs) on the London Stock Exchange, offering affordable exposure to West Texas Intermediate crude oil, Brent oil, natural gas, and copper. These ETCs are available in USD and pound sterling share classes and use futures to gain exposure to their commodities. All ETCs have an expense ratio of 0.35%.

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PPLT: Dead Money With Lots Of Potential

I last wrote about platinum and the abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) on Seeking Alpha was in early December 2022. Nearby NYMEX platinum futures were at the $1,053 level, with the PPLT ETF trading at $96.24 per share. Ten months later, October platinum futures on the CME’s NYMEX division were trading at $968.70, 8% lower, and PPLT at $88.68 per share declined 7.9%.

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U.S. REITs Rebound, But Bearish Trend Still Weighs On Sector

US-listed REITs posted the strongest gain for the major asset classes in last week’s mostly quiet trading, based on a set of ETF proxies.A key headwind for REITs is rising interest rates, which poses competition for the relatively high payout rates for real estate securities.Comparing the major asset classes through a drawdown lens continues to show relatively steep declines from previous peaks for markets around the world.

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PSLV: Going Higher, But Patience Required

The long-term demand picture for silver is strongly bullish because of two distinct drivers: monetary debasement and increased industrial use for the green energy transition.The short-term demand picture could be challenged by economic weakness, a hawkish shift in monetary policy expectations, and a stronger dollar.The supply picture is mixed, with new supply entering over the next few years, before gradually declining.From a technical perspective, silver seems poised to consolidate, before resuming its rise.

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