Wednesday’s ETF Chart To Watch: SPDR Gold Trust (GLD)
Equity markets enjoyed another trading session in green territory as optimism surrounding the ongoing “fiscal cliff” deliberations bolstered indexes higher. Good news from overseas also helped to reignite buying interest on Wall Street; European markets cheered on the latest German investor confidence index, which came in better than expected on hopes that the European powerhouse would be able to evade sluggish growth over the coming year [see 101 High Yielding ETFs For Every Dividend Investor]. With the FOMC statement due out later day along with a press conference from Chairman Bernanke, it’s no surprise that many will bring their attention to the State Street SPDR Gold Trust . Gold is rather infamous for staging volatile reactions whenever the Fed Chairman speaks and, as such, GLD could see a surge in trading volumes today. Analysts are expecting the interest rate to remain unchanged at 0.25%, however, economic commentary issued after the rate decision [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Gridlock And Optimism Sway Stocks 3 ETFs To Watch This Week: EWJ, GLD, RTH ETF Insider: Stocks Drift As “Fiscal Cliff” Nears Friday’s ETF Chart To Watch: SPDR Gold Trust (GLD) ETF Insider: Fiscal Cliff Woes Simmer On Tax Talks
Equity markets enjoyed another trading session in green territory as optimism surrounding the ongoing “fiscal cliff” deliberations bolstered indexes higher. Good news from overseas also helped to reignite buying interest on Wall Street; European markets cheered on the latest German investor confidence index, which came in better than expected on hopes that the European powerhouse would be able to evade sluggish growth over the coming year [see 101 High Yielding ETFs For Every Dividend Investor]. With the FOMC statement due out later day along with a press conference from Chairman Bernanke, it’s no surprise that many will bring their attention to the State Street SPDR Gold Trust . Gold is rather infamous for staging volatile reactions whenever the Fed Chairman speaks and, as such, GLD could see a surge in trading volumes today. Analysts are expecting the interest rate to remain unchanged at 0.25%, however, economic commentary issued after the rate decision [...]

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

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