An exchange traded fund tracking platinum rose following reports South African police killed 34 striking platinum miners. ETFS Physical Platinum Shares (NYSEArca: PPLT) is on track for a weekly gain of 5% with trading volume picking up dramatically Thursday and Friday. [Platinum ETFs Jump After Mine Strike Turns Deadly]
Elsewhere in commodities, energy ETFs were also strong this week on rising oil prices.
Conversely, Treasury ETFs were among the worst performers as 10-year Treasury yields climbed above 1.8% following the July low around 1.4%. [Treasury ETFs Could Fall More]
The top three unleveraged ETFs this week were iShares MSCI Spain, SPDR Homebuilders and iShares Dow Jones US Home Construction with gains of more than 5% at last check Friday.
The bottom three unleveraged ETFs this week were PIMCO 25+ Year Zero Coupon US Treasury (NYSEArca: ZROZ), Vanguard Extended Duration Treasury Index (NYSEArca: EDV) and Market Vectors Coal (NYSEArca: KOL) with setbacks of over 4%.
In next week’s economic data, look for reports on new and existing home sales, durable goods orders and the minutes from the latest Federal Reserve meeting.
iShares Dow Jones US Home Construction
