Commodity ETP activity drops 24% in a week, driven by precious metal fund outflows

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Falling commodity ETP activity

Commodity exchange-traded product (ETP) activity fell by 24% during the week ending June 15, more than half of which was due to outflows from precious metal funds.

"Global economic slowdown risks and European recession fears continued to weigh on commodities," states an industry report from S&P Indices.

While total activity for ETPs fell by only 1.57% during the same week, commodity ETP activity dropped sharply, according to research from Lyxor, the exchange-traded fund (ETF) platform of Société

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