ETFdb Weekly Watchlist: EWA, EWU, SPY Hinge On Australian Data, Bank of England, And U.S. GDP

U.S. equities were in for several up and down sessions last week, as investors weighed the slew of earnings and economic reports. On the earnings front, Exxon Mobil (XOM) posted better-than-expected Q3 profit and revenue, despite an 18% decline in profits. Meanwhile, ConocoPhillips (COP), Apple (AAPL), and Facebook (FB) also beat analysts’ revenue and earnings estimates. In economic news, the Institute for Supply Management’s U.S. manufacturing purchasing managers index rose to 56.4 from the previously recorded 56.2, the highest level since April 2011. China’s manufacturing Purchasing Managers’ Index rose to 51.4 in October from 51.1 the month before, marking an 18-month high. This week, investors will once again see a slew of earnings and 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 Ausstralia ETF Why EWA Will Be In Focus: This fund offers [...] Click here to read the original article on ETFdb.com. Related Posts: Least Correlated Country ETFs To S&P 500 Brief History Of ETFs ETFdb Weekly Watchlist: EWA, EWJ, SPY Hinge On Slew Of Aussie Data, Labor Reports and BOJ U.S. Vs. U.K. ETFs: 4th Of July Edition How To Use A Pairs Trading Strategy With ETFs