Earnings season winds down this week, leaving key government reports from a variety of industrialized countries to set the tone for the markets. Among the biggest events are a Federal Reserve and Bank of Japan meeting on Tuesday. Additionally, reports from Germany on CPI levels as well as European GDP figures should help investors ascertain how the European economy is faring. Below, we profile three ETFs that look to be in focus over the next several days as the summer earnings ends and the dog days of August continue [for more ETF ideas, sign up for our free ETF newsletter]:
Global X Silver Miners ETF
Why SIL Could Be In Focus: Two of the fund's top three holdings, Silver Wheaton Corp
iShares Barclays 20 Year Treasury Bond Fund
Why TLT Could Be In Focus: On Friday, the U.S. government releases its CPI numbers for the previous month. Should deflation fears continue to build, the report could spur demand for long-term fixed income securities. Analysts are predicting an increase in consumer prices by 0.2% over last month (when the reading was -0.1%). Another key event for TLT is likely to be the Fed's August policy meeting, in which Bernanke and Co. will give their decision on rates. While there is virtually no chance that the Fed will raise rates, long-term bonds are likely to be heavily impacted by any reports that the bank may be considering quantitative easing measures; that meeting should help to determine the demand for bonds at least in the short term [see What's Gotten Into Treasury ETFs?].
iShares S&P Global Nuclear Energy Index Fund (NUCL)
Why NUCL Could Be In Focus: Cameco Corp
Last Week's ETFs to Watch
For more ETFs to watch make sure to sign up for our free ETF newsletter.
More from ETFdb.com:
- PowerShares to Reshuffle ETF Indexes
- Smartphone ETF on the Horizon?
- This Week in ETFs: June 25th Edition
Disclosure: No positions at this time.
ETF Database is not an investment advisor, and any content published by ETF Database does not constitute individual investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. From time to time, issuers of exchange-traded products mentioned herein may place paid advertisements with ETF Database. All content on ETF Database is produced independently of any advertising relationships. Read the full disclaimer here.