ETF Insider: Bulls Look To Stampede Over Euro Drama
Financial markets saw a whirlwind of activity last week as Euro zone debt woes swayed investor sentiment from euphoric to fearful. Equity markets came under serious selling pressures after news of a Greek referendum reignited default fears. Confidence in the currency bloc quickly returned however as the Greeks rescinded their referendum and bullish investors were quick to pile into equity markets following the sell-off the day before. The European Central Bank interest rate cut further bolstered markets higher as investors were happy to see the ECB taking preemptive measures to ensure financial stability in the debt burdened region. Gold worked its way higher amidst the continuing uncertainty, and the precious metal closed right around $1,760 an ounce for the week. Weekly Outlook The coming week is quite sparse of economic data releases both at home and on the international front. Stock markets will likely continue to take cues from the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Can Earnings Trump Euro Drama? World Cup Of ETFs: Plays On All 32 Countries Ten Biggest ETF Losers From Recent Selloff WisdomTree Rolls Out Australian Bond ETF (AUNZ) ETF Insider: The Dust Has Yet To Settle
Financial markets saw a whirlwind of activity last week as Euro zone debt woes swayed investor sentiment from euphoric to fearful. Equity markets came under serious selling pressures after news of a Greek referendum reignited default fears. Confidence in the currency bloc quickly returned however as the Greeks rescinded their referendum and bullish investors were quick to pile into equity markets following the sell-off the day before. The European Central Bank interest rate cut further bolstered markets higher as investors were happy to see the ECB taking preemptive measures to ensure financial stability in the debt burdened region. Gold worked its way higher amidst the continuing uncertainty, and the precious metal closed right around $1,760 an ounce for the week. Weekly Outlook The coming week is quite sparse of economic data releases both at home and on the international front. Stock markets will likely continue to take cues from the [...]

Click here to read the original article on ETFdb.com.

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