Economic data managed to put a dent in investors’ confidence over the weekend after Chinese GDP data came in weaker-than-expected; the Asian powerhouse posted economic growth of 7.7% in the first quarter, falling short of the expected 8% reading as well as the previous figure of 7.9%. The continued sell-off in the precious metals market remains on everyone’s radar screen as gold futures have plunged below the $1,400 an ounce level, opening up the doors to harsh selling pressures as key technical levels have been breached [see also ETF Call And Put Options Explained]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: SPDR Homebuilders ETF : This ETF could be in for a volatile day tomorrow as investors digest last month’s housing starts data. Analysts are expecting for this figure to come in at 933,000 [...] Click here to read the original article on ETFdb.com. Related Posts: 3 Things You Need To Know About Low Volatility ETFs ETF Insider: Sellers Swarm, Bulls Unfazed ETF Insider: Data Heavy Week Could Spur Volatility S&P 500 ETFs: Comparing The “Twisted” Funds ETF Insider: Stocks Continue Bull Run
Economic data managed to put a dent in investors’ confidence over the weekend after Chinese GDP data came in weaker-than-expected; the Asian powerhouse posted economic growth of 7.7% in the first quarter, falling short of the expected 8% reading as well as the previous figure of 7.9%. The continued sell-off in the precious metals market remains on everyone’s radar screen as gold futures have plunged below the $1,400 an ounce level, opening up the doors to harsh selling pressures as key technical levels have been breached [see also ETF Call And Put Options Explained]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: SPDR Homebuilders ETF : This ETF could be in for a volatile day tomorrow as investors digest last month’s housing starts data. Analysts are expecting for this figure to come in at 933,000 [...]
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