Three ETFs To Watch This Week: FXE, KROO, UNG

This past week was marked by strong markets that sent November out with a bang. The good news started with strong Black Friday sales despite worries that a slow economy would scare consumers away from using their discretionary income. Next came the news that leaders of the euro zone were hard at work for a new plan to help boost its economy; a plan that won’t involve printing money according to German Chancellor Angela Merkel. Later, it was announced that a number of central banks from all over the world collaborated to lower dollar cost funding through swap arrangements, thereby making it easier for them to borrow from each other. Finally, the week closed out with unemployment down to 8.6%, the lowest in over two years. A robust week to say the least. Now the question is whether or not we can stay about our winning ways as a global economy [see also November [...] Click here to read the original article on ETFdb.com. Related Posts: Three ETFs To Watch This Week: PBJ, FXE, KROO Ten Worst Performing ETFs Of 2010 Ten Unexpected Observations On YTD ETF Returns Daily ETF Roundup: UNG Soars On Surprising Data, EWJ Falls On Japanese Budget Daily ETF Roundup: XLF Posts Monster Gain, UNG Takes Another Hit