By: ETFdb
Three ETFs To Watch This Week: EWC, FXA, EWL
Equity markets finished sharply lower last week as investors sold off virtually every asset class and the S&P 500 and the Nasdaq both lost more than 5%. Commodity markets also suffered as gold and oil fell dramatically while the euro strengthened. U.S. markets remained bogged down due to poor data reports on both the employment and manufacturing fronts, which threaten to drag the country back into a double dip recession [also see Six ETF Stories From The First Six Months Of 2010]. As the third quarter begins the outlook for the rest of the year remains murky; only a handful of earnings reports and U.S. data releases are on tap this week, so markets may lack direction until earnings season fully kicks off. However, there are some important reports coming out overseas, as well as a few key central bank meetings which look to put currency ETFs in focus during [...] Click here to read the original article on Related Stories: Three ETFs To Watch This Week: EWI, BNZ, FXF Three ETFs To Watch This Week: VXX, FXA, ECH Three ETFs To Watch This Week: EWG, FXY, TIP
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