EWT

The Week

EWT.US fell 1.74% this week to close at $114.31, underperforming the S&P 500 by about 2.89 percentage points. The fund opened near $118 on Monday and Tuesday before pulling back mid-week. Thursday saw the sharpest drop, with the price touching a weekly low of $112.74 on elevated volume, before a modest rebound on Friday narrowed the loss. Weekly amplitude was 4.86%, and average daily volume ran about 11.62% above its median. There was no major catalyst this week; price action largely tracked broader sentiment. Taiwan’s September trade data, released on Thursday, showed exports surging 60.9% year-on-year and a record trade surplus, though the fund’s reaction was muted.

The Week Ahead

Tuesday brings the NFIB small business optimism index and existing home sales, followed by CPI and core CPI on Wednesday. These prints will shape expectations for the Fed’s next move and could swing risk appetite across global equities. On the Taiwan side, traders will watch whether the export momentum seen in September carries into subsequent data and supports sentiment in tech supply chains. EWT is still trading in the upper part of its 60-day range, so any broader market pullback could test how well the recent gains hold.

This article is generated by LongbridgeAI from market data, for information only and not investment advice.