Friday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)

With the “fiscal cliff” surely approaching, investors have been reading into comments from Washington D.C. with a magnifying glass, and yesterday was no different. Investors got a whiff of optimism as policymakers expressed confidence that a deal would be reached by the much-feared deadline, which inevitably sent stocks higher on the day. There was also fundamental fuel behind yesterday’s fire; U.S. GDP came in at an impressive 3.1%, prompting a broad-based rally on Wall Street as investors expressed joy over the better-than-expected economic growth reading [Download How To Pick The Right ETF Every Time]. Investors will turn their attention to the north later today as Canada’s GDP report hits the street before the opening bell at home. As such, our ETF to watch for the day is the iShares MSCI Canada Index Fund , which may gap in either direction depending on the markets’ reaction to the latest economic growth reading. Analysts are expecting Canada’s GDP to [...] Click here to read the original article on ETFdb.com. Related Posts: 3 ETFs To Watch This Week: ENZL, EWJ, EWC Tuesday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC) Biggest Veteran ETF Winners Since Inception Wednesday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC) Tuesday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)