Financial News

Three ETFs To Watch This Week: CNDA, FXF, PPLT

By: ETFdb
American equity markets finished the final full week of May on a relatively strong note, as most major benchmarks moved off of their lows from earlier in the week to finish Friday in the green. A similar trend was had in the commodity space, as concerns over the European debt situation helped to reignite demand for safe haven metals such as gold, allowing the yellow metal the chance to finish the week above the $1,530/oz. mark, almost $25 more than the product was at its low in the week. Oil prices also trended higher but for completely different reasons as Goldman Sachs significantly upped its views on Brent crude oil for the rest of the calendar year. The influential investment bank boosted its 2011 price target for the fuel to $130/bbl., helping to push prices of its cousin WTI up in the process. In fact, WTI crude finished the week above the psychologically important [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Securities Rumored To Be Planning IPO Van Eck Launches Small Cap Germany ETF (GERJ) Three ETFs To Watch This Week: PGJ, BRAZ, CNDA Global X Debuts Exploration/Junior Miners ETF (TSXV) Three ETFs To Watch This Week: DXJ, XLE, FXF
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