SHORT & LEVERAGED ETP CENTRE
The WisdomTree Short & Leveraged (S&L) family of exchange traded products (ETPs) is one of the most comprehensive, innovative ranges of specialist S&L ETPs in the world. Our extensive Short & Leveraged platform offers a range of fully collateralised ETPs which are available in leverage factors between -5x and +5x.
Through these award-winning products, investors can access a broad range of Equities, Commodities, Fixed Income, Alternatives and Currency strategies, meaning they can look to magnify returns on a daily basis through positive or inverse leverage, take a hedging position efficiently, and access alternative or unique strategies.
This specialised branch of ETPs, like other investment products offering short and leveraged exposure, requires a certain level of understanding and due diligence. In this centre, WisdomTree aims to provide an informative reference point for investors seeking to educate themselves about the opportunities and the risks presented by short and leveraged ETPs.
MARKET NEWS
European equities make gains as outlook improves
18 Aug 2020European equities are making gains in August on improving expectations of economic growth. The ZEW Expectations of Economic Growth indices for both Germany and Eurozone have improved further in August providing a boost to investor sentiment. Further support is coming from optimism around the development of a vaccine and the deployment of the recently agreed €750 billion fiscal stimulus from the European Commission. The Euro Stoxx 50 Index is up over 4.5% month-to-date in August (as of 18 August).
European equities down as deep recession hits
04 Aug 2020European Union (EU) leaders announced a landmark €750bn fiscal stimulus deal on 21 July in a bid to help the economy recover from the ongoing coronavirus crisis. Markets were eagerly awaiting a coordinated response from the group, but the recovery package was largely priced in as negotiations had been ongoing among leaders for some time. After a moderately positive response initially to the announcement, the Euro Stoxx 50 Index is down around 5% (as of 03 August) since the close of 20 July. With economic data pointing to a deep contraction in the European economy in the first half of this year and second wave virus risks, European equities are yet to recover their losses from earlier this year and the Euro Stoxx 50 Index is still down 12% (on a total return basis year-to-date in EUR).
Key events coming up this week
04 Aug 2020The Purchasing Managers Index (PMI) is a useful indicator to measure the change in economic activity from one month to another. A reading above 50 signals expansion in activity while a reading below 50 implies contraction over the month. The index is typically available for the manufacturing and services sectors. Over the next week, several large economies will be releasing their monthly PMI numbers. Markets will closely be watching these announcements to gauge how well economic activity is picking up.
• Wednesday 05 August: Japan Services PMI
• Wednesday 05 August: France Services PMI
• Wednesday 05 August: Germany Services PMI
• Wednesday 05 August: Eurozone Services PMI
• Wednesday 05 August: UK Services PMI
• Wednesday 05 August: US Services PMI
• Friday 07 August: All Markets CFTC speculative positions
RESOURCES & TOOLS
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