This past week featured volatility that has become all too familiar to investors. The week started off on a strong note as news from the euro-zone seemed to point in a positive direction, only to have the exact opposite reaction on Wednesday. After a shaky guidance from Europe hit home in the middle of the week, equities tanked by more than 3.5%, marking one of their worst single-day losses in recent memory. Luckily markets were able to claw back from their losses with a strong trading session to close out the week. Oil was one of the most talked about assets this past week, as the fossil fuel finished the week around the $99/barrel mark and seems to have all the momentum necessary to break through the triple-digit barrier [see also PIMCO Debuts Germany, Canada Bond ETFs]. Next week will hinge on a slew of data from the euro-zone, as all eyes are once [...] Click here to read the original article on ETFdb.com. Related Posts: Six ETFs Up 45% Or More During The Recent Crisis World Cup Of ETFs: Plays On All 32 Countries Asia Pacific ETFs Surge On IMF Upgrade Daily ETF Roundup: VGK Rises On Euro Stability, VXX Plunges On Improving Confidence Daily ETF Roundup: VGK Soars As Berlusconi Resigns, VXX Tumbles On Market Strenght
This past week featured volatility that has become all too familiar to investors. The week started off on a strong note as news from the euro-zone seemed to point in a positive direction, only to have the exact opposite reaction on Wednesday. After a shaky guidance from Europe hit home in the middle of the week, equities tanked by more than 3.5%, marking one of their worst single-day losses in recent memory. Luckily markets were able to claw back from their losses with a strong trading session to close out the week. Oil was one of the most talked about assets this past week, as the fossil fuel finished the week around the $99/barrel mark and seems to have all the momentum necessary to break through the triple-digit barrier [see also PIMCO Debuts Germany, Canada Bond ETFs]. Next week will hinge on a slew of data from the euro-zone, as all eyes are once [...]
Click here to read the original article on ETFdb.com.
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