🔴 Uranium ETF (CCOE.TO) is trading 4.27% down after hotter-than-forecast September CPI revived rate-hike concerns

CCOE.TO is trading at CA$10.10, a -4.27% change, as hot September CPI revived rate-hike concerns and weighed on risk-sensitive equities.

• September CPI was 3.7% year over year, above the 3.6% forecast.
• Uranium and nuclear shares sold off broadly, with Cameco under pressure. CCOE.TO’s portfolio is concentrated in Cameco and uses leverage, which can amplify share-price moves.