A day ahead of the Federal Reserve’s policy announcement had investors walking on eggshells, despite broad equity indexes posting multi-year highs over the past few days. With all eyes on Bernanke, many are wondering if there is actually fuel behind these recent rallies or if the bullish momentum has been just smoke. Mixed economic data has added to the speculation over whether or not the central bank will roll out yet another round of quantitative easing. Accross the Atlantic however, the Euro Zone made headway as the German Constitutional Court approved the proposed bailout fund, the European Stability Mechanism (ESM), but gave parliament veto powers over any future increases in the size of the fund. And with renewed optimism on the Euro Zone side, U.S. investors are now waiting to see if their hopes for additional stimulus will become reality [see also 5 Chart Patterns Every ETF Trader Should Know]. [...] Click here to read the original article on ETFdb.com. Related Posts: 17 ETFs For Day Traders ETF Insider: Will The Bears Crash Earnings Season? ETF Insider: Will Economic Data Derail The Bull Train? ETF Insider: Looking Overseas For Opportunities iShares ETFs Closing?
A day ahead of the Federal Reserve’s policy announcement had investors walking on eggshells, despite broad equity indexes posting multi-year highs over the past few days. With all eyes on Bernanke, many are wondering if there is actually fuel behind these recent rallies or if the bullish momentum has been just smoke. Mixed economic data has added to the speculation over whether or not the central bank will roll out yet another round of quantitative easing. Accross the Atlantic however, the Euro Zone made headway as the German Constitutional Court approved the proposed bailout fund, the European Stability Mechanism (ESM), but gave parliament veto powers over any future increases in the size of the fund. And with renewed optimism on the Euro Zone side, U.S. investors are now waiting to see if their hopes for additional stimulus will become reality [see also 5 Chart Patterns Every ETF Trader Should Know]. [...]
Click here to read the original article on ETFdb.com.
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