ETF Insider: Markets At Fed’s Mercy

Domestic equity indexes climbed higher day after day last week, posting a very green performance as investors showed some (temporary) relief over the debt drama in Greece. In the bigger scheme of things however, there have been no real concrete measures undertaken by the ECB to fully restore confidence back in European financial markets; for that reason alone, we expect that volatile range-bound trading will remain the dominant theme across equity and currency markets. Gold had a tough time last week as stock markets rallied and the precious metal crept lower, dipping below the $1,800 an ounce level as the week drew to a close. Weekly Outlook The coming week is quite lacking in major economic releases on the home front, while international investors will also have an uneventful week so to speak. At home, the Fed meeting will most certainly be the dominant event commencing on Tuesday, with the [...] Click here to read the original article on ETFdb.com. Related Posts: March ETF Stats: Another Solid Quarter All Better Now? Many ETFs Climb Back Near Pre-Recession Levels Low Cost ETFs: Complete List Of The Cheapest Exchange-Traded Funds August ETF Stats: Keeping The Winning Streak Alive (Just Barely) ETF Insider: Equities Back In Black