Major equity indexes tracked sideways with an upward bias for yet another trading session this week, helping to keep bullish sentiment levels elevated. Markets had little reason to move as trading volumes remain seasonally low while data releases offered no major insights; consumer prices at home stayed the same as higher food costs were offset by lower energy prices, which helped ease lingering inflationary concerns [see also The Ultimate Guide To Investing In Gold Coins and Bullion]. Investors will shift their focus to the eurozone later today as the currency bloc reports its own consumer price index. As such, the iShares MSCI EMU Index Fund (EZU, A-) could experience volatile trading if the latest CPI reading surprises the market; analysts are expecting for inflation to come in at 1.7%, marking a slight uptick from the previous reading of 1.6% [see also Euro Free Europe ETFdb Portfolio]. Chart Analysis This ETF has been [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Flirting With Resistance Is A Risky Game 5 Worst ETF Strategies Of The Last 5 Years ETF Insider: Momentum Hinges On ECB Hopes Wednesday’s ETF Chart To Watch: MSCI EMU Index Fund (EZU) ETF Insider: Was The Greek Bailout Priced In?
Major equity indexes tracked sideways with an upward bias for yet another trading session this week, helping to keep bullish sentiment levels elevated. Markets had little reason to move as trading volumes remain seasonally low while data releases offered no major insights; consumer prices at home stayed the same as higher food costs were offset by lower energy prices, which helped ease lingering inflationary concerns [see also The Ultimate Guide To Investing In Gold Coins and Bullion]. Investors will shift their focus to the eurozone later today as the currency bloc reports its own consumer price index. As such, the iShares MSCI EMU Index Fund (EZU, A-) could experience volatile trading if the latest CPI reading surprises the market; analysts are expecting for inflation to come in at 1.7%, marking a slight uptick from the previous reading of 1.6% [see also Euro Free Europe ETFdb Portfolio]. Chart Analysis This ETF has been [...]
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