The bulls returned to Wall Street last week as the European Central Bank finally quenched the stimulus hopes of many. President Draghi announced the “open monetary transactions” plan which aims to ensure the financial stability of debt burdened member nations by giving the ECB flexibility when it comes to buying government bonds. This effort was well received all over the globe and the pressure is now on Chairman Bernanke to act; investors will keep a close watch on the Fed press conference this Thursday in hopes of an additional round of stimulus on the home front [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: WisdomTree Dreyfus Chinese Yuan Fund (CYB): Markets overseas could experience volatile trading overnight as the latest China new yuan loans data comes out. CYB could gap in either direction Tuesday morning; [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: More Earnings, More Volatility ETF Insider: No Rest For The Bulls ETF Insider: Volatility Is Still Lurking Ten Unexpected Observations On YTD ETF Returns ETF Insider: Bullish Abroad, Defensive At Home
The bulls returned to Wall Street last week as the European Central Bank finally quenched the stimulus hopes of many. President Draghi announced the “open monetary transactions” plan which aims to ensure the financial stability of debt burdened member nations by giving the ECB flexibility when it comes to buying government bonds. This effort was well received all over the globe and the pressure is now on Chairman Bernanke to act; investors will keep a close watch on the Fed press conference this Thursday in hopes of an additional round of stimulus on the home front [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: WisdomTree Dreyfus Chinese Yuan Fund (CYB): Markets overseas could experience volatile trading overnight as the latest China new yuan loans data comes out. CYB could gap in either direction Tuesday morning; [...]
Click here to read the original article on ETFdb.com.
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