Rain clouds gathered over the bull parade this weekend as Germany’s Bundesbank reiterated its concerns over the European Central Bank’s proposal to buy back government bonds. Profit taking pressures kicked off trading as uncertainty returned back to the markets after seemingly fading away in the last two weeks. Overseas markets will look for a definitive plan from the ECB while investors at home will digest Fed minutes and July durable goods orders, setting the scene for a potentially choppy trading week on Wall Street [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: PowerShares DB USD Index Bullish (UUP): The U.S. dollar could be in for a volatile day of trading on Wednesday as investors react to the latest FOMC minutes. The release will offer insights into the health of [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Is Euro Zone Optimism Here To Stay? ETF Insider: Buying Opportunities After Panic Selling ETF Insider: Rate Cuts Fail To Stir Optimism 5 Most Popular New ETFs Of 2012 (So Far) ETF Insider: Be Mindful Of Profit Taking
Rain clouds gathered over the bull parade this weekend as Germany’s Bundesbank reiterated its concerns over the European Central Bank’s proposal to buy back government bonds. Profit taking pressures kicked off trading as uncertainty returned back to the markets after seemingly fading away in the last two weeks. Overseas markets will look for a definitive plan from the ECB while investors at home will digest Fed minutes and July durable goods orders, setting the scene for a potentially choppy trading week on Wall Street [see also ETF Technical Trading FAQ]. Weekly Outlook Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: PowerShares DB USD Index Bullish (UUP): The U.S. dollar could be in for a volatile day of trading on Wednesday as investors react to the latest FOMC minutes. The release will offer insights into the health of [...]
Click here to read the original article on ETFdb.com.
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