This week, much like any other over the past six months, has been heavily focused on Greece. Tuesday (the first trading day of the week) opened strong with the Dow touching 13,000 for the first time in almost four years. But the day ended on a sour note, forcing equities to surrender nearly all of their gains, as many are still concerned over the long-term outlook for the indebted European nation. Yesterday saw Fitch downgrade Greece stating that a default was “highly likely”, which has only added fuel to the fire. While the euro zone will undoubtedly remain in the foreground for the week, investors will try to focus their attention on a number of U.S. data releases [see also Why No Investor Should Own GLD]. Today will see the weekly U.S. unemployment claims hit the market, which tends to have a measurable impact on volatility and market direction. Unemployment [...] Click here to read the original article on ETFdb.com. Related Posts: The Top 10 Cheapest And Most Expensive ETFs Six Noteworthy ETF Innovations Three ETFs To Watch This Week: EWJ, TVIX, VGK New VIX ETFs Hit The Market Volatility ETPs: Where Are The Critics Now?
This week, much like any other over the past six months, has been heavily focused on Greece. Tuesday (the first trading day of the week) opened strong with the Dow touching 13,000 for the first time in almost four years. But the day ended on a sour note, forcing equities to surrender nearly all of their gains, as many are still concerned over the long-term outlook for the indebted European nation. Yesterday saw Fitch downgrade Greece stating that a default was “highly likely”, which has only added fuel to the fire. While the euro zone will undoubtedly remain in the foreground for the week, investors will try to focus their attention on a number of U.S. data releases [see also Why No Investor Should Own GLD]. Today will see the weekly U.S. unemployment claims hit the market, which tends to have a measurable impact on volatility and market direction. Unemployment [...]
Click here to read the original article on ETFdb.com.
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