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According to Golden Ten Data on March 30, South Africa's benchmark stock index is heading for its worst-performing month in nearly two decades. Hit by a double blow, the Iran war has weakened demand for emerging market assets, while the plunge in precious metal prices has also put pressure on the country's mining stocks. As of Friday's close on March 27, the FTSE/JSE All Share Index had fallen by 13% this month, its worst performance since the peak of the 2008 global financial crisis. Previously, the benchmark index had posted 12 consecutive monthly gains as of February, marking its longest ever winning streak, but the current situation undoubtedly represents a sharp reversal. The precious metals and mining sector, which accounts for a quarter of the index's weighting, has plunged 27% since the outbreak of the Middle East conflict, erasing all of this year's gains as gold and platinum prices have declined. Meanwhile, emerging market stocks are experiencing broad sell-offs as investors worry that surging oil prices will push up inflation and force central banks to raise interest rates.

```htmlGolden Ten Data reported on March 30 that, due to new environmental requirements and Glencore's threat to close Canada’s only copper smelter, the Canadian and Quebec governments are working to take action to save the plant. The Horne Smelter, located about 390 miles northwest of Montreal, is one of the few facilities in North America capable of processing concentrates and recyclable materials such as electronic waste. Last month, the Swiss commodity company announced it was suspending plans to invest nearly 1 billion Canadian dollars in its Quebec copper business after negotiations with Quebec over measures to reduce harmful arsenic emissions reached an impasse. If no agreement is reached, the facility will have to shut down, affecting North America’s already limited copper processing capacity. However, Quebec has now proposed legal amendments to address some of Glencore’s key demands. If approved, the metal company will have more time to meet stricter emission targets. Meanwhile, according to sources, the Canadian government is considering a financial aid application of about 150 million Canadian dollars to help cover the costs of a new pollution control system. In an email statement, Glencore said: "While awaiting regulatory certainty, we are willing to evaluate other mechanisms, especially financial mechanisms, to share the risk."```

According to SoSoValue data, Bitcoin spot ETFs experienced a net outflow of $296 million last week. The ETF with the highest net outflow was BlackRock's IBIT, which saw a weekly net outflow of $158 million, bringing its historical total net inflow to $63.1 billion. The second highest was the Bitwise ETF BITB, with a weekly net outflow of $68.29 million and a historical total net inflow of $2.07 billion. The ETF with the highest net inflow last week was Fidelity's FBTC, which had a weekly net inflow of $46.88 million, with a historical total net inflow of $10.99 billion. As of the time of reporting, the total net asset value of Bitcoin spot ETFs was $84.77 billion, with an ETF net asset ratio of 6.42%, and the historical cumulative net inflow reached $55.93 billion.