Three ETFs To Watch This Week: EWJ, FXE, NORW

The first week of May was quite the tumultuous one for markets as a flurry of economic data and earnings reports weighed on market sentiment. The week started out on a high note as investors cheered the capture of Osama bin Laden in Pakistan over the past weekend but the markets soon took a turn for the worse on fears over earnings and the impact of inflation on key markets. This then spiraled further downward during midweek trading and nearly got out of control, especially in the commodity markets where some products lost close to 10% or even more in some cases. In fact, oil declined by 15% while silver plummeted by over 27% on the week. However, in Friday trading, equities managed to rebound on news that a reasonable number of jobs were created over the last month, deflating some of the pessimism that investors have seen regarding the jobs market [...] Click here to read the original article on ETFdb.com. Related Posts: March ETF Stats: Another Solid Quarter Daily ETF Roundup: EWJ Continues Slide, GDX Soars On Gold’s Record Price Daily ETF Roundup: EWJ Slumps On Confidence Report, FXI Jumps On PMI Report Three ETFs To Watch This Week: USO, FXE, JSC Daily ETF Roundup: DBA Surges On Crop Report, EWJ Slumps On Nuclear Concerns