Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds
    • Mutual Funds KYC: How To Check And Update Your Status, Here’s A Step-by-Step Guide | Savings and Investments News
    • Debt MFs witness ₹1 lakh cr outflow in September on withdrawals from liquid, money market funds
    • SBI Mutual Fund’s top 5 SIP plans – up to 20% CAGR in 10 years; Rs 10K investment turns into Rs 35 lakh – Money News
    • BOV announces issue of up to €325 million unsecured euro medium term bonds
    • Deloitte study: most EU financial institutions are in early preparation stage to comply with the new anti-money laundering and countering financing of terrorism requirements and need significant investments to align to the new European framework
    • Prominent high street investment to be sold at auction
    • Oman launches $207.9mln development bonds issue
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»ETFs»Could June Producer Inflation Data Dampen Market Enthusiasm For Rate-Cut Winners? 5 ETFs To Watch Friday – VanEck Gold Miners ETF (ARCA:GDX), iShares Russell 2000 ETF (ARCA:IWM)
    ETFs

    Could June Producer Inflation Data Dampen Market Enthusiasm For Rate-Cut Winners? 5 ETFs To Watch Friday – VanEck Gold Miners ETF (ARCA:GDX), iShares Russell 2000 ETF (ARCA:IWM)

    July 11, 2024


    The larger-than-expected drop in the June Consumer Price Index inflation rate has fueled market expectations for interest rate cuts by the Federal Reserve.

    Investors no longer seem to have doubts and are assigning a 91% implied probability that rate cuts will begin as early as September 2024.

    The upcoming Producer Price Index (PPI) inflation report, scheduled for release on Friday at 8:30 a.m. ET, will be crucial in determining whether producer price trends can continue to support rate-cut expectations or temper the optimism.

    June PPI Preview: What Economists Expect

    • Producer prices in June are expected to rise 0.1% on the month versus an unexpected 0.2% decline in May, according to economist consensus estimates, as tracked by TradingEconomics.
    • On an annual basis, the PPI inflation is expected to accelerate from 2.2% to 2.3%.
    • Excluding food and energy, core PPI is expected to advance by 0.2% month-over-month, accelerating from the previous flat reading.
    • Annually, core producer prices are set to rise by 2.5%, up from 2.3% in May. That would mark the highest annual core producer inflation rate since August 2023.

    5 ETFs To Watch Friday

    On Thursday, traders favored markets poised to gain from future rate cuts, investing in sectors that could benefit from reduced borrowing costs, while penalizing assets that had already heavily discounted expectations of monetary policy shifts.

    The producer inflation data will be pivotal in evaluating if this market momentum will persist.

    Among Thursday’s top-performing exchange-traded funds, we can definitely mention:

    • SPDR Homebuilders ETF XHB rallying 6.1%
    • Invesco Solar ETF TAN rising 4.4%
    • SPDR S&P Regional Banking ETF KRE up 4.2%
    • iShares Russell 2000 ETF IWM up 3.6%
    • VanEck Gold Miners ETF GDX up 2.9%

    Read now:

    Image created using artificial intelligence via Midjourney.

    Market News and Data brought to you by Benzinga APIs

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    3 Unstoppable Growth ETFs That Could Turn $10,000 Into More Than $12 million With Practically Zero Effort

    October 21, 2025

    The Housing Market Is Slowing Down But These REIT ETFs Are Running Hot. Thank AI.

    October 21, 2025

    With volatility rising, investors look to options-based ETFs for balance

    October 21, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    IGI Investments Eyes Complete Buyout of Akzo Nobel Pakistan

    October 21, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds

    October 22, 2025

    New Delhi, Fixed-income mutual funds witnessed a massive net outflow of ₹1.02 lakh crore in…

    Mutual Funds KYC: How To Check And Update Your Status, Here’s A Step-by-Step Guide | Savings and Investments News

    October 22, 2025

    Debt MFs witness ₹1 lakh cr outflow in September on withdrawals from liquid, money market funds

    October 22, 2025

    SBI Mutual Fund’s top 5 SIP plans – up to 20% CAGR in 10 years; Rs 10K investment turns into Rs 35 lakh – Money News

    October 22, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Dodge & Cox Global Bond Fund Q2 2024 Commentary (DODLX)

    July 27, 2024

    Budget 2024: Mutual fund industry urges tax parity for debt MFs held for 3 or more years

    July 20, 2024

    Measure I: Santa Ana Unified School District facilities bond

    October 18, 2024
    Our Picks

    Debt MFs see outflow of ₹1 lakh cr in Sep on withdrawals from liquid, money market funds

    October 22, 2025

    Mutual Funds KYC: How To Check And Update Your Status, Here’s A Step-by-Step Guide | Savings and Investments News

    October 22, 2025

    Debt MFs witness ₹1 lakh cr outflow in September on withdrawals from liquid, money market funds

    October 22, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.