U.S. equity markets kicked off the week with a whimper as Cyprus bailout woes over the weekend rightfully took a bite out of investors’ confidence. The exact terms of Cypriot bailout remain hazy, however, one thing for certain is that it may set a dangerous precedent for the next bailout(s) in the European currency bloc as policymakers have agreed to a 20% tax on deposits at the two largest Cypriot banks [see also How To Swing Trade ETFs]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Industrial Select Sector SPDR : U.S. industrial stocks will come under the spotlight on Tuesday morning as investors digest durable goods orders data from February. Analysts are expecting for this figure to have expanded by 4.6% versus the previous reading which showed a contraction of 4.9%. MSCI United Kingdom Index Fund [...] Click here to read the original article on ETFdb.com. Related Posts: 17 ETFs For Day Traders ETF Insider: Will The Supercommittee Surprise? ETF Insider: Bullish Abroad, Defensive At Home ETF Insider: The Ascent Continues ETF Insider: No Real Fuel Behind The Fire
U.S. equity markets kicked off the week with a whimper as Cyprus bailout woes over the weekend rightfully took a bite out of investors’ confidence. The exact terms of Cypriot bailout remain hazy, however, one thing for certain is that it may set a dangerous precedent for the next bailout(s) in the European currency bloc as policymakers have agreed to a 20% tax on deposits at the two largest Cypriot banks [see also How To Swing Trade ETFs]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Industrial Select Sector SPDR : U.S. industrial stocks will come under the spotlight on Tuesday morning as investors digest durable goods orders data from February. Analysts are expecting for this figure to have expanded by 4.6% versus the previous reading which showed a contraction of 4.9%. MSCI United Kingdom Index Fund [...]
Click here to read the original article on ETFdb.com.
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