Here are five exchange-traded fundsto watch this week:
United States Gasoline Fund
For months, Europe has commanded investor attention and dominated market-related discourse. With Greece at last gaining approval for its sought-after bailout funding, however, the region’s debt woes seem to have suddenly fallen off the radar.
In its place, rising fuel prices have taken center stage. It is not unusual to see crude oil prices increase during improving market conditions.
The rally, however, has been magnified as tensions mount with Iran and the global markets express concerns about a supply shock.
Although pump prices have only recently begun stealing headlines, the futures-backed UGA has been on a tear throughout 2012, rising over 15 percent.
The fund is flirting with last year’s highs.
iShares MSCI Canada Index Fund
Wal-Mart Stores marked the ceremonious end to earnings season, but this week's schedule is far from clear.
On the contrary, a variety of companies across the market spectrum will step up to the plate to provide insight into how they fared over the past quarter and lay out their expectations for the coming months.
The Canadian financial system will be of particular interest in the days ahead as Toronto-Dominion Bank, Royal Bank of Canada, Bankof Montreal and National Bank of Canada release reports.Page 1 of 4 | Next Page