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XU61

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1d
1w
1m

Analysis and statistics

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About

XU61.F represents the Euronext Wheat Milling Future. It is a futures contract traded on the Euronext exchange, specifically for milling wheat. This contract allows participants to hedge against or speculate on the future price movements of milling wheat, a key ingredient in bread and other food products. Contract specifications include a contract size of 50 tonnes, delivery locations in France, and delivery months across the year. The price is quoted in Euros per tonne.
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Factors

Underlying Asset Performance: XU61.F mirrors the underlying index's performance, so its price closely tracks the assets it holds.

Supply and Demand: Increased demand for XU61.F can drive its price up, while higher supply might decrease it.

Index Composition Changes: Alterations to the underlying index's holdings can impact XU61.F's value as it rebalances.

Market Sentiment: Overall investor confidence and market trends influence XU61.F, especially sector-specific sentiment.

Expense Ratio: XU61.F's expense ratio slightly affects its price by reducing net returns over time.

Currency Fluctuations: Currency movements impact XU61.F if it holds assets denominated in foreign currencies.

Trading Volume: High trading volume can contribute to price stability and liquidity, influencing investor interest.

Economic Conditions: Broad economic factors like inflation, interest rates, and GDP growth can affect XU61.F's value.

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