Copper-related exchange traded funds jumped Monday as investors raised bets on the improving economy. Meanwhile, Chile, a major copper producer, closed its borders in response to a spike in Covid-19 infections.
Among the better performing non-leveraged ETFs of Monday, the United States Copper Index Fund (NYSEARCA: CPER) was up 3.0% and iPath Series B Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJC) was 3.1% higher. The Global X Copper Miners ETF (NYSEARCA: COPX), which takes a more focused approach to copper miners, increased 2.9%. READ MORE
Similar Posts:
- Copper Mining Opportunities in Peru and Chile (Mobius Blog)
- Analysis: Chile’s Sliding Peso Reflects Tough Battle vs Rampaging Dollar (Reuters)
- Chile’s Draft Constitution is Seriously Flawed (FT)
- Chile Has Outperformed Other Emerging Markets and the S&P 500 This Year. Here’s How (CNBC)
- Latin America Slow Descent into Interventionism (Daniel Lacalle)
- Banco Santander-Chile (NYSE: BSAC): Not Another SVB or First Republic Bank
- Emerging Market Investors: Drop a Bric and Pick Up a Bimchip (Financial Times)
- Volatility Storm Adds to Pain for Chile’s Battered Markets (Bloomberg via Yahoo)
- AmCham Chile’s President Talks Up “Consensus,” “Shared Goals,” “Internal Dialog…”
- Chile Argues It Can Bring Change Without Scaring Investors (Bloomberg)
- Exchange Rate Predictability in Emerging Markets (Amundi AM)
- The S&P Indices Versus Active (SPIVA) Latin America Scorecard (S&P Dow Jones Indices)
- Dreaming of Salvador Allende (and 35% Corp Tax Rates) in Chile (WSJ)
- Chile Sours on Boric, Constitution as Poll Finds Economic Alarm (Buenos Aires Times)
- Latin American Stocks to Consider (Aberdeen)