Stock markets enjoyed yet another day in green territory as investors rejoiced over encouraging economic data on the home front. The latest jobless claims report gave the bulls a reason to rally after the figure came in better-than-expected; the number of people who filed for unemployment benefits fell to 358,000, versus the expected 370,000. News from the Euro zone also bolstered confidence as Greek leaders were able to finally strike a deal and secure the necessary international rescue funds [see also Doomsday Special: 7 Hard Asset Investments You Can Hold In Your Hand]. With good news on the horizon, investors will likely remain focused on the currency bloc as German inflation data is slated to come out later today. Our ETF to watch for today, the iShares MSCI Germany Index Fund (EWG), may experience an increase in trading volumes as investors react to the latest economic report; analysts are expecting [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs To Play AAA Europe Wednesday’s ETF To Watch: MSCI Germany Index Fund (EWG) ETF Insider: Beware Of Lingering Euro Fears Friday’s ETF Chart To Watch: MSCI Germany Index Fund (EWG) ETF Insider: Will The Supercommittee Surprise?
Stock markets enjoyed yet another day in green territory as investors rejoiced over encouraging economic data on the home front. The latest jobless claims report gave the bulls a reason to rally after the figure came in better-than-expected; the number of people who filed for unemployment benefits fell to 358,000, versus the expected 370,000. News from the Euro zone also bolstered confidence as Greek leaders were able to finally strike a deal and secure the necessary international rescue funds [see also Doomsday Special: 7 Hard Asset Investments You Can Hold In Your Hand]. With good news on the horizon, investors will likely remain focused on the currency bloc as German inflation data is slated to come out later today. Our ETF to watch for today, the iShares MSCI Germany Index Fund (EWG), may experience an increase in trading volumes as investors react to the latest economic report; analysts are expecting [...]
Click here to read the original article on ETFdb.com.
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