Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses weekly European ETF trades.
Last week ended on a quiet note with low volumes, although overall moves in the week were positive, with S&P 500 up 0.6% and the Eurostoxx 50 index up 1.1%. China has again been the focal point with several key macro releases, essentially showing a picture of cooling growth and slightly higher inflation. We saw high creation orders in funds like iShares FTSE/Xinhua China 25, Lyxor ETF China Enterprise HSC and the iShares FTSE Bric 50. These funds represented 55% of our total creations. Our primary market volumes were again very solid, increasing twofold from the previous week. Clear t...
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