Three ETFs To Watch This Week: IYK, IAK, FXB

Wall Street managed to march higher early last week, however, domestic equities settled into range-bound trading for the remainder of the period given a lack of upbeat economic news and overall pessimism stemming from the situation in Egypt. Political instability and civil unrest in the region continue to put pressure on financial markets around the globe, especially as fears grow over the riots spreading to other countries in the area. Commodities have been quite volatile, with oil managing to slip just below $90 a barrel on Friday, while gold managed to hold support and inch higher. On Friday, the markets wobbled between positive and negative territory as investors digested a mixed jobs report, with data showing that job creation is still stagnant, despite a reduction in the overall joblessness rate to 9.0%. This week has a round of earnings from major industry leaders, especially from the consumer goods sector, and investors [...] Click here to read the original article on ETFdb.com. Related Posts: Size Does Matter (To a Point): Study of ETF Liquidity Thursday’s ETF Chart To Watch: CurrencyShares British Pound Trust (FXB) Thursday’s ETF To Watch: Consumer Goods Index Fund (IYK) Warning: Commodity Surge Could Sink Consumer Staples ETFs Three ETFs To Watch This Week: PBJ, KROO, EZU