January 09, 2013 at 04:00 AM EST
Wednesday’s ETF Chart To Watch: MSCI Germany Index Fund (EWG)
With no major economic releases taking place on the homefront this week, equity markets will likely continue to trade sideways until a fundamental development arises and sways sentiment. Corporate earnings season is upon us once again and aluminum juggernaut Alcoa has kicked off the ceremonies with a profit. Quarterly performance results will come under the spotlight over the coming days as investors look for signs of improving growth rates and optimistic outlooks from various industry leaders [Download How To Pick The Right ETF Every Time]. Investors will once again have to look overseas for economic data this week. Our ETF to watch for today is the iShares MSCI Germany Index Fund , which could experience volatile trading as investors digest the latest German industrial production data; analysts are expecting this figure to come in at -2.9%, marking a modest improvement over last month’s reading of -3.7% [see Free ETF Country Exposure Tool]. Chart Analysis EWG kicked off the [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF Chart To Watch: MSCI Germany Index Fund (EWG) Least Correlated Country ETFs To S&P 500 Ultimate Guide To Vanguard MSCI Europe ETF (VGK) 3 ETFs To Watch This Week: EWG, FXI, RTH Thursday’s ETF Chart To Watch: MSCI Germany Index Fund (EWG)
With no major economic releases taking place on the homefront this week, equity markets will likely continue to trade sideways until a fundamental development arises and sways sentiment. Corporate earnings season is upon us once again and aluminum juggernaut Alcoa has kicked off the ceremonies with a profit. Quarterly performance results will come under the spotlight over the coming days as investors look for signs of improving growth rates and optimistic outlooks from various industry leaders [Download How To Pick The Right ETF Every Time]. Investors will once again have to look overseas for economic data this week. Our ETF to watch for today is the iShares MSCI Germany Index Fund , which could experience volatile trading as investors digest the latest German industrial production data; analysts are expecting this figure to come in at -2.9%, marking a modest improvement over last month’s reading of -3.7% [see Free ETF Country Exposure Tool].  Chart Analysis EWG kicked off the [...]

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

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