# ETF Scorecard: November 3 Edition

> The weekly ETF Scorecard covered Jerome Powell's nomination as Fed chair, the Fed's decision to hold rates at 1.25%, and GOP tax plan details. It also noted Brent crude reaching 2017 highs above $61 a barrel on expectations of extended OPEC output cuts.

- Date: 2017-11-03 · published 2017-11-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10195-etf-scorecard-november-3-edition
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude prices raise diesel and energy costs for feed mills and transport, while a firmer dollar expectation affects export competitiveness. The article is a broad market wrap with no single dominant driver.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2017-11-06 | 1 | +4.6% | 3.3 | Brent reaching 2017 highs above $61 on expectations of extended OPEC output cuts reflects the supply-side sentiment that fed the rally leading into the Nov 6 jump, though it predates the move and does not capture the weekend trigger. |

## Sources

- etfdb.com: https://etfdb.com/news/2017/11/03/etf-scorecard-november-03-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.