Wednesday’s ETF To Watch: British Equity ETF (EWU)

European markets have been under the microscope for several months now, as the entire continent has seemingly teetered on the brink of fiscal and economic chaos. Many of the battered economies are starting the long road to recovery, taking steps to stabilize financial markets and bring swelling budget deficits under control. But anxiety continues to run high throughout Europe, with many investors not yet convinced that sufficient steps have been taken to right the ship. With lingering worries over the economic slowdown, employment figures have become a critical measure of progress; in much of the developed world, job creation has been slow to materialize. England is one economy that still holds a rather high unemployment rate of 7.8%, but is expected to drop that figure in the coming months. Cutting down unemployment starts with tackling jobless claims, the number of people who claim unemployment benefits, but are actively seeking work. In [...] Click here to read the original article on ETFdb.com. Related Stories: Wednesday’s ETF To Watch: British Pound ETF (FXB) British Pound ETF Continues Slide After Bearish Data Reports Friday’s ETF To Watch: U.S. Dollar ETF (UUP)