Update @ 10:20: It looks like Brazil's central bank just went in to follow Columbia's recent move, offering $600M worth of reverse swaps to slow the real's apprecation.  Though there's no CurrencyShares ETF for Brazil, expect possible reprocussions for the S&P Latin America 40 Index as more countries in the region follow suit.

    Bespoke had a great article over at Seeking Alpha today about global markets and their position relative to their Bollinger Bands.  This is nicely timed as well, since there are a number of events today relative to Bollinger bands and emerging markets.

    As I'm young and still have that impatient trading blood in me, the slower, more number-oriented analysis is sometimes a drag. The thrill of the split-second order motivated by chart, fundamental, or Level II is still tempting for me, and though we all eventually mature into more conservative investors, there's still nothing that feels better than a well-placed swing play or dynamite option trade. To get this out of my system, I've decided to talk all these ideas out here. So, time to digest the night's news and speculate on tomorrow's profits.

    Coming on the heels of my look at the overall ETF market in the last three months, and using the same data set, this entry is meant to provide an overview of the country-specific MSCI ETFs.

    So the average MSCI ETF gained about 0.14% daily, with the Netherlands in first and Taiwan in last.  The trend is relatively clear - most economies have seen solid growth, while Taiwan, Hong Kong, and Japan have struggled to tread water.  It's interesting to note that the same issues do not seem to have affected Singapore, Malaysia, or Korea.