Wednesday’s ETF To Watch: United Kingdom ETF (EWU)

Over the last week, equity markets have fallen back as investors have grown increasingly worried about the high levels of unemployment and budget deficits which are plaguing a variety of developed markets around the world. This is especially true in Great Britain which is facing a deficit of over 12%, unemployment just under 8%, and anemic levels of growth going forward. This dismal economic situation has put the Bank of England into focus as the central bank attempts to revive growth without stoking the fires of inflation. Today the country’s economy will go under the microscope once again as the Bank of England gives its inflation report and figures from the government on the country’s unemployment levels are also released. These two numbers could help to show which way the British economy is trending but unfortunately many analysts are expecting poor reports on both fronts as the British economy continues [...] Click here to read the original article on ETFdb.com. Related Stories: ETF To Watch For Thursday: FXB Friday’s ETF To Watch: CNDA Friday’s ETF To Watch: U.S. Dollar ETF (UUP)