ETF Insider: Euro Drama Far From Gone

European debt woes dominated headlines all of last week yet again as investor worries over the debt burdened currency bloc continue to weigh down on the markets. Euphoria swept over the markets after Berlusconi’s resignation announcement earlier in the week, paving the way higher for European and U.S. equities alike. However, fear quickly returned the following day as yields on Italian bonds spiked, worrying many that the ECB would not be able to deal with a potentially full blow financial crisis. On the home front, the U.S. trade deficit shrank more than expected and new claims for unemployment benefits sank to a multi-month low, improving investors’ confidence in the domestic economic recovery. Gold inched a bit higher amidst all of the Euro zone drama last week, with the precious metal closing just underneath $1,800 an ounce. Actionable ETF Trade Ideas Last Week’s Actionable ETF Ideas Ticker Position Performance JXI Long [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Rome Wasn’t Built In A Day ETF Insider: Bulls Look To Stampede Over Euro Drama Russell Expands Suite Of “Factor ETFs” With Ex-U.S. Funds PIMCO Debuts Germany, Canada Bond ETFs PIMCO Launches Aussie Bond ETF