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3LBA

$--
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1d
1w
1m

Analysis and statistics

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About

3LBA.LSE is the ticker symbol for the WisdomTree 3x Leveraged Brent Crude Oil ETC. This exchange-traded commodity (ETC) aims to provide investors with three times the daily performance of the Bloomberg Brent Crude Subindex. It uses leverage to amplify returns based on the price movements of Brent crude oil futures.
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Factors

Underlying Bond Prices: 3LBA tracks UK Gilts. Gilt price changes directly impact the ETF's Net Asset Value.

Interest Rate Changes: Inverse relationship; rising rates generally lower bond prices (and 3LBA's price).

Inflation Expectations: Higher inflation often leads to higher interest rates, thus impacting bond values negatively.

Market Sentiment: General investor risk appetite affects demand for safe-haven assets like Gilts.

Supply and Demand: Imbalances can cause temporary price deviations from the underlying asset value.

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