ETFdb Weekly Watchlist: EWA, EWJ, SPY Hinge On Slew Of Aussie Data, Labor Reports and BOJ

Bullish momentum took a breather last week on Wall Street as investor concern over the Fed’s timeline for tapering weighed heavily on the market. In Washington, tense budget negotiations also added to the woes on Wall Street, as Congress continues to argue over how they will avoid a government shutdown, as funding runs out on September 30, 2013. On the economic front, U.S. consumer sentiment was revised higher for the month of September, while durable goods orders and new home sales beat analyst expectations. In addition, the Labor Department reported initial jobless claims fall 5,000 to a seasonally adjusted 305,000. This week, investors will once again see a slew of economic reports. Below, we outline three ETFs that should see a fair amount of activity during the week ahead [see The Best (And Worst) Performing ETFs For Every Quarter]. 1. MSCI Australia ETF Why EWA Will Be In Focus: This fund offers exposure to the Australian equity market, and [...] Click here to read the original article on ETFdb.com. Related Posts: How To Use A Pairs Trading Strategy With ETFs Least Correlated Country ETFs To S&P 500 17 ETFs For Day Traders ETFdb Weekly Watchlist: VGK, EWJ and SPY Hinge on Eurozone Data, Policy Change and U.S. GDP Report Brief History Of ETFs