Stocks were mixed on the day as bullish pressures cooled off following yesterday’s massive run-up. Momentum from last week’s better-than-expected employment report appears to still be carrying investors’ sentiment since no major data releases are expected to hit the street this week. The willingness of the ECB to step in and buy government bonds has also restored confidence to those worried about the fragile financial health of debt-burdened member nations seeking aid [see also 10 Questions About ETFs You've Been Afraid To Ask]. Investors will turn their attention to Japan tomorrow as the nation’s central bank is slated to announce its interest rate decision. As such, the Precidian MAXIS Nikkei 225 Index ETF (NKY, B+) is on our radar screen because it may gap at the opening bell following the overnight reaction to the latest rate decision and, more importantly, any economic commentary issued by the Bank of Japan [see also 5 Surprising Facts [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Beware Of Bargain Shopping ETF Insider: Did Wall Street Forget About Greece? The 18 Most Successful New ETFs Of 2011 2011: A Year Of ETF Firsts ETF Insider: Will The Supercommittee Surprise?
Stocks were mixed on the day as bullish pressures cooled off following yesterday’s massive run-up. Momentum from last week’s better-than-expected employment report appears to still be carrying investors’ sentiment since no major data releases are expected to hit the street this week. The willingness of the ECB to step in and buy government bonds has also restored confidence to those worried about the fragile financial health of debt-burdened member nations seeking aid [see also 10 Questions About ETFs You've Been Afraid To Ask]. Investors will turn their attention to Japan tomorrow as the nation’s central bank is slated to announce its interest rate decision. As such, the Precidian MAXIS Nikkei 225 Index ETF (NKY, B+) is on our radar screen because it may gap at the opening bell following the overnight reaction to the latest rate decision and, more importantly, any economic commentary issued by the Bank of Japan [see also 5 Surprising Facts [...]
Click here to read the original article on ETFdb.com.
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