REGB.L is trading 3.2% down today as investors pull back from cyclical, China-sensitive materials names amid broad risk-off sentiment.

  • The ETF is being pressured by a broad risk-off move in technology- and industry-linked commodities, dampening specialty metals demand expectations.
  • Global growth worries have escalated following new U.S. tariffs on major trading partners, compounded by ongoing geopolitical and Fed uncertainty.