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3 ETFs To Watch This Week: ENZL, EWJ, EWC

ENZL EWC EWJ

Linked by ETF Database ( track newsfeed | ignore newsfeed ) - December 17, 04:00AM from (feeds.etfdb.com)

Investors continued to keep their focus on the ongoing fiscal cliff negotiations last week despite some expected, yet rather surprising, news from the Fed. On Wednesday, Fed Chairman Ben Bernanke, delivered his commentary after the central bank’s latest policy announcement. As was expected, the Fed extended its bond-buying program in an effort to boost the jobs and the economic recovery. Though the central bank stressed that they are by no means putting monetary policy on “auto-pilot,” they did set a 6.5% threshold for the unemployment rate. Bernanke also brought attention to the looming fiscal cliff, stating that it is already “clearly” affecting the economy. Putting pressure on Congress, he stated “I don’t think the Federal Reserve has tools to offset the effect… We’d have to temper the expectations of what we can accomplish.” This week, investors will once again see a number of economic reports from around the world. Below, we outline three ...

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