Sparse data releases and low trading volumes were dominant themes from last week that will hopefully fade away in the upcoming days as investors digest a number of anticipated reports from both sides of the Atlantic ocean. Retail sales and housing market data, including the builders index and July starts, will steal the spotlight on the homefront. After the last employment report, bullish sentiment on Wall Street will need to see another string over better-than-expected data releases to remain resilient [see also ETF Insider: Flirting With Resistance Is A Risky Game]. Major data releases from the overseas currency bloc later today will bring the PowerShares DB USD Index Bullish (UUP, A) onto our radar screen. German as well as eurozone gross domestic product figures are slated to come out before Wall Street’s opening bell, helping to shed light on the health of the beat down region; analysts are expecting for German GDP to come in [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Fed Offers No Relief Daily ETF Roundup: UUP Soars On Greenback Rally, DBB Drops Wednesday’s ETF Chart To Watch: DB USD Index Bullish (UUP) ETF Insider: Momentum Hinges On ECB Hopes 17 ETFs For Day Traders
Sparse data releases and low trading volumes were dominant themes from last week that will hopefully fade away in the upcoming days as investors digest a number of anticipated reports from both sides of the Atlantic ocean. Retail sales and housing market data, including the builders index and July starts, will steal the spotlight on the homefront. After the last employment report, bullish sentiment on Wall Street will need to see another string over better-than-expected data releases to remain resilient [see also ETF Insider: Flirting With Resistance Is A Risky Game]. Major data releases from the overseas currency bloc later today will bring the PowerShares DB USD Index Bullish (UUP, A) onto our radar screen. German as well as eurozone gross domestic product figures are slated to come out before Wall Street’s opening bell, helping to shed light on the health of the beat down region; analysts are expecting for German GDP to come in [...]
Click here to read the original article on ETFdb.com.
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