Wednesday’s ETF To Watch: Germany Fund (EWG)

After market finished relatively flat Monday, despite the triumphant news of the death of Osama Bin Laden, major indexes endured a rough day on Tuesday. Perhaps the most notable development of the week is the correction in silver prices; which dropped from nearly $50 per ounce, all the way to the low $40′s, creating a particularly volatile period for the investment product. On a more positive note, the U.S. dollar gained ground on foreign currencies, which may be a green light for parts of the economy, but it certainly stopped commodities in their tracks. As we enter the final weeks of earnings season, bellwether performance data has continually shaped global markets, and today will be no exception [see also Lessons From The Leveraged Silver ETF (AGQ)]. Prior to market open, Siemens AG (SI) will be reporting their second quarter earnings for 2011. The German conglomerate employs well over 400,000 people, [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: ITA, BBH, EWG Three ETFs To Watch This Week: EWG, PBS, EPU Friday’s ETF To Watch: German ETF (EWG) BMW Drives Germany ETF (EWG) Sharply Higher Three ETFs To Watch This Week: EWG, MOO, FXS