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Tickers in this Article: VXX, XLI
While markets struggled to find a definitive direction last week, a new player entered the stimulus package game: Japan. In a surpriseannouncement, the Bank of Japan revealedan aggressive expansion of its monetary easing program. And now with three global heavy hitters lining up to pump trillions of dollars into their economies, many investors are trying to quantify and project the implications of these massive programs - will money printing "stimulate" the economy, or will the onslaught of currency supplies only do more harm than good?This week, investors will once again see a number of economic reports around the globe, which will hopefully bring more momentum to the markets. Below, we outline three ETFs that should see a fair amount of activity during the week ahead :

1.MSCI United Kingdom Small Cap Index Fund (EWUS)

Why EWUS Will Be in Focus:EWUS aims to measure the equity securitiesperformance of small-cap companies whose market capitalization represents the bottom 14% of the Britishsecuritiesmarket. Since the fund provides "pure" play exposure to the U.K'.s local economy, it will be important to keep a close eye on EWUS on Thursday as the United Kingdom's GDP is reported.Analysts are expecting GDP to remain at -0.5%. .

2.S&P 500 VIX Short-Term Futures ETN (VXX)

Why VXX Will Be In Focus:When it comes to measuring the level of uncertainty in the United States, no fund is as prolific as VXX, which exchanges hands over 48 million times per day. Its focus will come in the middle of the week as the U.S. GDP is released. Analysts are expecting economic growth to remain at 1.7%. Should this result disappoint, VXX may see an increased level of activity, since a sign of a weakening economy will likely spark a rise in volatility. However if GDP comes in better than expected, market volatility may cool off.

3.Industrial Select Sector SPDR Fund (XLI)

Why XLI Will Be In Focus:This fund is one of the most popular in the world, with over $3 billion in assets and an average daily volume just over 17 million. XLI seeks to replicate the performance of the U.S. industrial sector and will be in focus this week as U.S. durable goods are slated to come out on Thursday. The last report indicated a slowdown in demand for durable goods in the month of July; analysts are expecting a further slowdown in August .


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Disclosure: No positions at time of writing.

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