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

By: ETFdb
Amid all of the issues plaguing Europe, the U.K. has been struggling to find its footing, despite isolating itself from the flailing currency. The U.K. has been faced with high unemployment rates and a shrinking economy for some time now, as fourth quarter GDP recently came in at an unimpressive -0.2%. Though the British equity market would like to get back on track, many analysts agree that it could be years before things start to look up. But for now, economic data and guidance will provide key insight on how well the economy is performing and what it may do in the future [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. Today will see a major economic indicator from the U.K. as jobless claims for the month of February will be officially released. Last month’s report left something to be desired, as “U.K. jobless claims rose more than economists forecast in January and [...] Click here to read the original article on ETFdb.com. Related Posts: Five ETFs George Washington Probably Would Have Liked Three ETFs To Watch This Week: EWU, GERJ, XHB ETF Insider: Beware Of Earnings Volatility Coming Soon To An ETF Near You: Finland, Small Cap UK Funds From iShares ETFs To Play AAA Europe
Amid all of the issues plaguing Europe, the U.K. has been struggling to find its footing, despite isolating itself from the flailing currency. The U.K. has been faced with high unemployment rates and a shrinking economy for some time now, as fourth quarter GDP recently came in at an unimpressive -0.2%. Though the British equity market would like to get back on track, many analysts agree that it could be years before things start to look up. But for now, economic data and guidance will provide key insight on how well the economy is performing and what it may do in the future [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. Today will see a major economic indicator from the U.K. as jobless claims for the month of February will be officially released. Last month’s report left something to be desired, as “U.K. jobless claims rose more than economists forecast in January and [...]

Click here to read the original article on ETFdb.com.

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