Wednesday’s ETF Chart To Watch: MSCI United Kingdom Index Fund (EWU)
By:
ETF Database
Stocks endured another trading session in red territory as bearish pressures remain the dominant force on Wall Street. Rising yields on eurozone government bonds sparked another round of selling as the situation overseas remains clouded with uncertainty and pessimism, with no clear-cut solution in sight. To top it off, Moody’s Investor Service downgraded Germany’s AAA credit rating from stable to negative; this downgrade welcomed the bears as investors digested the reality of a deteriorating outlook for even the most stable of the eurozone member nations [see also ETF Insider: Run For The Hills]. The spotlight remains fixated on Europe as investors look for lawmakers to take action and quell the fear of a complete financial collapse in the debt burdened currency bloc. As such, our ETF to watch for the day is the iShares MSCI United Kingdom Index Fund (EWU), which may experience volatile trading as investors react to the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Run For The Hills Mid Day Roundup: Stocks Falter After European Rate Cuts Europe ETFs: The Good, The Bad, The Ugly ETFs To Play Euro 2012 Mid Day Roundup: UK Leads Europe ETFs Higher
Stocks endured another trading session in red territory as bearish pressures remain the dominant force on Wall Street. Rising yields on eurozone government bonds sparked another round of selling as the situation overseas remains clouded with uncertainty and pessimism, with no clear-cut solution in sight. To top it off, Moody’s Investor Service downgraded Germany’s AAA credit rating from stable to negative; this downgrade welcomed the bears as investors digested the reality of a deteriorating outlook for even the most stable of the eurozone member nations [see also ETF Insider: Run For The Hills]. The spotlight remains fixated on Europe as investors look for lawmakers to take action and quell the fear of a complete financial collapse in the debt burdened currency bloc. As such, our ETF to watch for the day is the iShares MSCI United Kingdom Index Fund (EWU), which may experience volatile trading as investors react to the [...]

Click here to read the original article on ETFdb.com.
Related Posts:- ETF Insider: Run For The Hills
- Mid Day Roundup: Stocks Falter After European Rate Cuts
- Europe ETFs: The Good, The Bad, The Ugly
- ETFs To Play Euro 2012
- Mid Day Roundup: UK Leads Europe ETFs Higher
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