Notable ETF Movers of the Day 06/29: (USO) (MOO) (XLF) Higher; (VXX) (FXI) (UUP) Lower

• United States Oil (NYSE: USO) up 2.44 percent to $37.31. Crude trading higher following inventory data today. Stockpiles fell by 4.4 million to 359.50 million barrels. Analysts were looking for a more modest drop of 1.7 million. WTI August contracts are up $2.05 to $94.94 per barrel on the Comex.
  
  
• Market Vectors Agribusiness ETF (NYSE: MOO) up 2.25 percent to $53.62. Led by Monsanto (NYSE: MON) today, which is up 4.7 percent on the session, as the company beat earnings and revenue views for its third quarter, and boosted its FY11 outlook.
  
  
• Financial Select Sector SPDR (NYSE: XLF) up 1.64 percent to $15.23. Financials are seeing some upside today as Bank of America (NYSE: BAC) reported an agreement to resolve nearly all of the legacy Countrywide-issued first-lien residential mortgage-backed securitization (RMBS) repurchase exposure. The total being set aside for the settlement is $14 billion, of which $8.5 billion will be a cash payment to the covered trusts and a $5.5 billion provision to its representations and warranties liability for both Government-Sponsored Enterprises (GSE) and non-GSE exposures in Q211. BofA is up 3.1 percent on the session.

• iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 4.53 percent to $22.14. Markets are higher and less volatile following the passage of a Greek austerity package. The CBOE VIX near-term index is about 8.1 percent lower today, tacking-on to yesterday's losses.
  
  
• iShares FTSE China 25 Index Fund (NYSE: FXI) down 0.66 percent to $42.32. China stocks breaking a winning streak following reports that several locals governments will default on bank loans and continued rate hikes will be made by its central bank.
  
  
• PowerShares DB US Dollar Index Bullish (NYSE: UUP) down 0.61 percent to $21.32. The euro is gaining attention today as Greece passed austerity measures. EUR/USD is up 0.35 percent to €1.4420.

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