August 17, 2012 at 04:00 AM EDT
Friday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)
Bullish pressures persisted for yet another day on Wall Street as investors took advantage of the low trading volume environment despite the lackluster string of economic data release. Major equity indexes settled into green territory although weekly jobless claims and housing starts data both missed the mark, showcasing the sheer optimism that continues to drive stocks higher. Investors at home will look to end the week on another positive note as the latest consumer sentiment data comes out after the opening bell [see also 3 Commodities To Bet With Buffett]. Investors will also have to turn their attention to the north later today as Canadian CPI hits the street. As such, the iShares MSCI Canada Index Fund (EWC, B) could see an increase in trading volumes following the latest inflation report; analysts are expecting for Canada’s consumer price index to come in unchanged at 2% [see also 17 ETF For Day Traders]. Chart [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: EWA, EWC, RTH ETF Insider: Data Back In Focus As Stimulus Hopes Fade Three ETFs To Watch This Week: GERJ, SPY, EWC Friday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC) Friday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)
Bullish pressures persisted for yet another day on Wall Street as investors took advantage of the low trading volume environment despite the lackluster string of economic data release. Major equity indexes settled into green territory although weekly jobless claims and housing starts data both missed the mark, showcasing the sheer optimism that continues to drive stocks higher. Investors at home will look to end the week on another positive note as the latest consumer sentiment data comes out after the opening bell [see also 3 Commodities To Bet With Buffett]. Investors will also have to turn their attention to the north later today as Canadian CPI hits the street. As such, the iShares MSCI Canada Index Fund (EWC, B) could see an increase in trading volumes following the latest inflation report; analysts are expecting for Canada’s consumer price index to come in unchanged at 2% [see also 17 ETF For Day Traders]. Chart [...]

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

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