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Wednesday’s ETF Chart To Watch: MSCI Switzerland Index Fund (EWL)

By: ETFdb
Wall Street got off to a fairly quiet start for the week as investors were reluctant to jump aboard the much anticipated Santa Claus rally. U.S. consumer confidence data surpassed expectations as the figure came in at 64.5, versus the previous month’s reading of 55.2. Despite improving prospects for the U.S. economic recovery, domestic equity indexes drifted sideways at the start of the final trading week for the year. Gold futures inched lower towards $1,595 an ounce, while crude oil prices soared to $101 a barrel, bolstered by geopolitical tensions in Iran. The iShares MSCI Switzerland Index Fund (EWL) is on our radar screen for today as Swiss leading economic indicators data is expected to be released. Analysts are expecting for the latest KOF leading indicator to come in at 0.23, versus the previous month’s reading of 0.35. EWL may see an increase in trading volumes as investors digest the [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Stay On The Defense Thursday’s ETF Chart To Watch: MSCI Switzerland Index Fund (EWL) Top 5 Countries Most Widely Represented By ETFs Country ETFs With Rock Bottom Unemployment Rates Four ETFs That Have Held Their Ground During Crisis
Wall Street got off to a fairly quiet start for the week as investors were reluctant to jump aboard the much anticipated Santa Claus rally. U.S. consumer confidence data surpassed expectations as the figure came in at 64.5, versus the previous month’s reading of 55.2. Despite improving prospects for the U.S. economic recovery, domestic equity indexes drifted sideways at the start of the final trading week for the year. Gold futures inched lower towards $1,595 an ounce, while crude oil prices soared to $101 a barrel, bolstered by geopolitical tensions in Iran. The iShares MSCI Switzerland Index Fund (EWL) is on our radar screen for today as Swiss leading economic indicators data is expected to be released. Analysts are expecting for the latest KOF leading indicator to come in at 0.23, versus the previous month’s reading of 0.35. EWL may see an increase in trading volumes as investors digest the [...]

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

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