Notable ETF Movers 1/11: GLD, EWJ, EWO Up; UNG, KRE, USO Down

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Courtesy StreetInsider.com News Articles  Mon, 01/11/2010 - 12:05

StreetInsider.com Notable ETF Movers: HIGHER;

  • SPDR Gold Shares (NYSE: GLD) up 1.49% to $113.03. Support for the U.S. dollar undercut by a weak jobs report last Friday, effectively pushing the Fed rate raise out further.

    Additionally, China reported a 56% rise in imports last month, signaling a country hungry for commodities. Investors, sensing weakness, are trending to gold again.
  • iShares MSCI Japan Index (NYSE: EWJ) up 0.69% to $10.19.

    The Bank of Japan is going to keep interest rates...


 

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