Wednesday’s ETF Chart To Watch: MSCI EMU Index Fund (EZU)
Selling pressures prevailed on Tuesday as investors fretted over commentary from the latest FOMC meeting. Stocks took a nose dive lower after Chairman Bernanke made no direct hints of more stimulus to come. With no word on QE3, investors were quick to take profits across virtually every asset class; stocks and bonds both plunged lower alongside falling gold prices [see also 3 ETFs For The End Of Operation Twist]. Investors will turn their attention overseas later today as the European Central Bank announces its decision regarding interest rates. Although analysts are anticipating for the rate to remain unchanged at 1%, the economic commentary following the decision itself could lead to volatile trading for the popular iShares MSCI EMU Index Fund (EZU). This ETF, which tracks the performance of equity markets of countries who have adopted the euro as their currency, could see an increase in trading volumes as investors digest [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Was The Greek Bailout Priced In? 3 ETF Trades For The Next Euro Zone Debt Crisis Tuesday’s ETF To Watch: MSCI EMU Index Fund (EZU) ETF Insider: Did Wall Street Forget About Greece? ETF Insider: Is Euro Zone Optimism Here To Stay?
Selling pressures prevailed on Tuesday as investors fretted over commentary from the latest FOMC meeting. Stocks took a nose dive lower after Chairman Bernanke made no direct hints of more stimulus to come. With no word on QE3, investors were quick to take profits across virtually every asset class; stocks and bonds both plunged lower alongside falling gold prices [see also 3 ETFs For The End Of Operation Twist]. Investors will turn their attention overseas later today as the European Central Bank announces its decision regarding interest rates. Although analysts are anticipating for the rate to remain unchanged at 1%, the economic commentary following the decision itself could lead to volatile trading for the popular iShares MSCI EMU Index Fund (EZU). This ETF, which tracks the performance of equity markets of countries who have adopted the euro as their currency, could see an increase in trading volumes as investors digest [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Advertisement

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here