ETF Insider: Beware Of Lingering Euro Fears

Equity markets hit the ground running last week as investors came back from the holiday weekend with a fairly optimistic outlook for 2012. U.S. stocks started off the year with a solid rally as investors’ confidence was bolstered by multiple better-than-expected economic data reports; consistent improvements in the housing market coupled with a downtick in the unemployment rate were enough to reignite bullish momentum on Wall Street. Gold inched higher last week, climbing back over $1,600 an ounce, although the precious metal continues to face headwinds given the looming uncertainty stemming from the Euro zone. Weekly Outlook The coming week will be fairly busy with activity and economic data releases both at home and on the international front. Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: Van Eck Market-Vectors Chinese Renminbi/USD ETN (CNY): China’s consumer price [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Can Earnings Trump Euro Drama? ETF Insider: Stay On The Defense Three Long/Short Ideas For Euro Zone Debt Drama ETF Insider: Bullish On Equities ETF Insider: Buying Opportunities After Panic Selling