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On Saturday, a Yemeni militia, the Houthi rebels, paid tribute to the attack, claiming that they had flown 10 drones on assets controlled by Saudi Aramco, a company that is preparing an important public call for aircrafts. ;saving.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The White House does not buy it. Mike Pompeo State the attack against Iran, one of the members of Saudi Arabia within the Organization of Petroleum Exporting Countries. Strikes are estimated to have destroyed half of Saudi output, or 5% of global offline production. "Data-reactid =" 20 "> The White House does not buy it, Secretary of State Mike Pompeo pinned the attack, Iran, one of the country's member states Saudi Arabia in the Organization of Petroleum Exporting Countries, estimated that the strike had put out of service half of Saudi output, or 5% of the world's daily production.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "As long as the realm is race to restore This loss of production is an attempt that will not end overnight. As a result, some of the following exchange-traded funds may experience high activity in the next few days. "Data-reactid =" 21 "> While the kingdom is working to restore the exit loss, it's an effort that will not end overnight, so some of the following exchange traded funds could experience high activity in the next few days.
United States Brent Oil Fund (BNO)
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The United States Brent Oil Fund (NYSE: BNO) dropped 2% last week, & nbsp; before the announcement of the attack of a drone. Recalling that the price of oil produced outside the United States is expressed in Brent, geopolitical volatility, particularly that which disrupts the oil supply, can boost Brent prices. "Data-reactid =" 23 "> United States Brent Oil Fund (NYSE: BNO) fell 2% last week, before the announcement of the attack of a drone. Recalling that the price of oil produced outside the United States is expressed in Brent, geopolitical volatility, particularly that which disrupts oil supplies, can boost Brent prices.
<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "BNO follows crude contracts in the month close to Brent fund has been volatile over the last two months and the chart is not attractive with higher ups and downs, but an unexpected spike due to the aforementioned attacks may well be the tonic The Brent futures have to regain some momentum in the short term. "data-reactid =" 24 "> Brent crude close to the month The fund has been unstable for two months and the chart is not attractive, with some ups and downs lower, but an unexpected spike due to the aforementioned attacks could well to be the tonic that the future needs for Brent to take over in the short term.
IShares MSCI Saudi Arabia (KSA) ETF
<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "For the first four months of this year, the ETF iShares MSCI Saudi Arabia (NYSE: KSA) has been a star among national ETFs as global investors have positioned themselves to make Saudi Arabia an emerging market statute. These headlines have turned into a "news-selling" event, as KSA, the only ETF that tracks the kingdom's stock, has been in free fall since May. "Data-reactid =" 26 "> During the first four months of this year, the ETF iShares MSCI Saudi Arabia (NYSE: KSA) has been a star among national ETFs, as well-positioned global investors for promoting Saudi Arabia's emerging market status. These headlines have turned into a "sell news" event, as KSA, the only ETF tracking stock in the kingdom, has been in free fall since May.
Almost all cumulative earnings of the ETF since the beginning of the year have evaporated. Traders who plan to acquire KSA in the short term should consider the fund's correlations with oil prices, as the KSA is little exposed to energy exposure. The sector represents only 1.1% of the fund's weight.
Instead, KSA allocates about 71% of its weight to the names of financial services and materials, so that there is an energy exposure, even if it is indirect.
ETN Velocityshares 3X Long Crude (UWT)
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Velocityshares 3X Long Crude ETN (NYSE: UWT) is linked to the S & P GSCI crude oil index and so is not a direct game of Brent, but for aggressive traders seeking quick oil gains today, the l & # 39; UWT is a product that makes sense. "data-reactid =" 30 "> The Velocityshares 3X Long Crude ETN (NYSE: UWT) is tied to the S & P GSCI crude oil index and, as such, is not a direct game of Brent, but for aggressive traders seeking fast oil gains today. Now, UWT is a product that makes sense.
The volume is high in UWT, with an average of 14.67 million shares a day over the past 20 days, according to issuer data.
The main risk, aside from the UWT's leverage, is that, for whatever reason, the West Texas Intermediate futures are not grouping alongside Brent over the next few days.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Related links:"data-reactid =" 33 ">Related links:
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Do not miss these mid-cap ETFs"data-reactid =" 34 ">Do not miss these mid-cap ETFs
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "3 ETF Europe to be evaluated "data-reactid =" 35 ">3 ETF Europe to be evaluated
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