The roller coaster ride continues for investors as equity indexes oscillated between positive and negative territory on Tuesday in anticipation of the much awaited FOMC meeting tomorrow. Investor sentiment regarding the euro zone is quite uncertain and seems to change from hopeful to fearful at the flip of a switch; lawmakers overseas have failed to provide a concrete plan of action and the persistent uncertainty is well reflected in volatility across currency and equity markets. Gold made a move higher before the big Fed meeting tomorrow, and the precious metal settled just above $1,800 an ounce. Crude oil futures also went along for a wild ride, managing to come off the day’s high around lunch time and close just above $86 a barrel. The FOMC meeting tomorrow afternoon is the headline event for the week as investors await to digest news of another round of stimulus, or lack thereof. Investors [...] Click here to read the original article on ETFdb.com. Related Posts: Some Active ETFs Earning Their Keep During Crisis Short-Term Bond ETFs: The Best Place To Stash Cash? Inflation ETF Special: 25 ETF Ideas To Fight Rising Prices Friday’s ETF To Watch: iShares Short-Term U.S. Treasury Bond Fund (SHY) Friday’s ETF To Watch: iShares 1-3 Year Treasury Bond Fund (SHY)
The roller coaster ride continues for investors as equity indexes oscillated between positive and negative territory on Tuesday in anticipation of the much awaited FOMC meeting tomorrow. Investor sentiment regarding the euro zone is quite uncertain and seems to change from hopeful to fearful at the flip of a switch; lawmakers overseas have failed to provide a concrete plan of action and the persistent uncertainty is well reflected in volatility across currency and equity markets. Gold made a move higher before the big Fed meeting tomorrow, and the precious metal settled just above $1,800 an ounce. Crude oil futures also went along for a wild ride, managing to come off the day’s high around lunch time and close just above $86 a barrel. The FOMC meeting tomorrow afternoon is the headline event for the week as investors await to digest news of another round of stimulus, or lack thereof. Investors [...]
Click here to read the original article on ETFdb.com.
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