January 07, 2013 at 04:00 AM EST
3 ETFs To Watch This Week: GXC, FXB, FXE
The first week of the new year saw a quiet rally of the market, as the President and Congress reached an agreement on fiscal cliff discussions and signed a bill into effect earlier this week. The United States also reported the addition of 155,000 jobs in 2012. While this number is not really that high, and the Fed hinted at ending its bond-repurchase program during Thursday’s meeting, neither piece of news seemed enough to erode investors’ confidence, perhaps suggesting that optimism is here to stay. Europe and Asia also saw higher trading volumes as of Wednesday with many global investors looking for economic condition reports due out of both regions next week [see also 13 Rapid Fire ETF Ideas For 2013]. 1. SPDR S&P China ETF Why GXC Will Be In Focus: By defining and measuring the investable universe of publicly-traded companies that are in China but still legally available to foreign investors, GXC has become [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Beware Of Lingering Euro Fears 3 ETFs To Watch This Week: FXA, FXB, FXE ETF Insider: Flirting With Resistance Is A Risky Game ETF Insider: Cautiously Bullish At Home ETF Insider: No Rest For The Bulls
The first week of the new year saw a quiet rally of the market, as the President and Congress reached an agreement on fiscal cliff discussions and signed a bill into effect earlier this week. The United States also reported the addition of 155,000 jobs in 2012. While this number is not really that high, and the Fed hinted at ending its bond-repurchase program during Thursday’s meeting, neither piece of news seemed enough to erode investors’ confidence, perhaps suggesting that optimism is here to stay. Europe and Asia also saw higher trading volumes as of Wednesday with many global investors looking for economic condition reports due out of both regions next week [see also 13 Rapid Fire ETF Ideas For 2013]. 1. SPDR S&P China ETF Why GXC Will Be In Focus: By defining and measuring the investable universe of publicly-traded companies that are in China but still legally available to foreign investors, GXC has become [...]

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

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