Wall Street was in for some volatile trading sessions last week, as a mixed bag of economic reports weighed heavily on the markets. The Institute for Supply Management’s index of manufacturing activity unexpectedly contracted in May, marking its first decline in six months, while the ADP private sector jobs report grossly missed analyst expectations. Non-farm payrolls did, however, surpass expectations, while the unemployment rate rose slightly to a disappointing 7.6% reading for May. This week, investors will once again see many economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also The Cheapest ETF for Every Investment Objective]: 1. Japan Hedged Equity Fund Why DXJ Will Be In Focus: This fund is designed to provide exposure to equity securities in Japan, while at the same time hedging exposure to fluctuations between the value of the U.S. dollar and and the Japanese yen. Investors [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Volatility Is Still Lurking ETF Insider: Bullish Abroad, Defensive At Home Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds ETFdb Weekly Watchlist: XRT, EWJ, FXI Hinge On Consumer, BOJ, And Chinese Manufacturing Data Daily ETF Roundup: DXJ Tumbles After Nikkei Freefall, XLU Slumps
Wall Street was in for some volatile trading sessions last week, as a mixed bag of economic reports weighed heavily on the markets. The Institute for Supply Management’s index of manufacturing activity unexpectedly contracted in May, marking its first decline in six months, while the ADP private sector jobs report grossly missed analyst expectations. Non-farm payrolls did, however, surpass expectations, while the unemployment rate rose slightly to a disappointing 7.6% reading for May. This week, investors will once again see many economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see also The Cheapest ETF for Every Investment Objective]: 1. Japan Hedged Equity Fund Why DXJ Will Be In Focus: This fund is designed to provide exposure to equity securities in Japan, while at the same time hedging exposure to fluctuations between the value of the U.S. dollar and and the Japanese yen. Investors [...]
Click here to read the original article on ETFdb.com.
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