Major equity indexes oscillated throughout most of the day and ended up in mixed territory as Spain’s debt woes collided with positive economic data on the home ront. Spanish lawmakers caused concerns as they continued to debate whether or not the debt-burdened nation should seek a bailout. On Wall Street, investors cheered on the latest motor vehicle sales report; this figure came in at 15 million, topping analyst estimates of 14.5 million [see also Bernanke Fires Back At QE Critics]. With the limelight still focused on Europe, investors will turn their attention to the latest regional retail sales data for more insights. As such, our ETF to watch for the day is the iShares MSCI EMU Index Fund (EZU, B+), which may see volatile trading at the opening bell. Analysts are expecting for eurozone retail sales to have contracted by 1.9% in August, marking a deterioration from the previous reading of -1.8% [see Euro Free [...] Click here to read the original article on ETFdb.com. Related Posts: Thursday’s ETF Chart To Watch: MSCI EMU Index Fund (EZU) 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)
Major equity indexes oscillated throughout most of the day and ended up in mixed territory as Spain’s debt woes collided with positive economic data on the home ront. Spanish lawmakers caused concerns as they continued to debate whether or not the debt-burdened nation should seek a bailout. On Wall Street, investors cheered on the latest motor vehicle sales report; this figure came in at 15 million, topping analyst estimates of 14.5 million [see also Bernanke Fires Back At QE Critics]. With the limelight still focused on Europe, investors will turn their attention to the latest regional retail sales data for more insights. As such, our ETF to watch for the day is the iShares MSCI EMU Index Fund (EZU, B+), which may see volatile trading at the opening bell. Analysts are expecting for eurozone retail sales to have contracted by 1.9% in August, marking a deterioration from the previous reading of -1.8% [see Euro Free [...]
Click here to read the original article on ETFdb.com.
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