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DIREXION DAILY FTSE EUROPE BULL 3X ETF News

$28.58
-0.420 (-1.45%)
At Close: May 17, 2024
Flash Eurozone PMI at 52.5 in March signals return to growth. Manufacturing expands at record pace, helping offset service sector weakness.
Positive changes since the Global Financial Crisis include fewer excesses and imbalances, the ECB's asset purchase programs, and the creation of the ESM and RRF. However, following the COVID-19 shock,
European stocks have lagged developed market peers because the regional economy has been especially hard hit. Weakness in European stocks reflects the macroeconomic environment.

How Far Will The ECB Let Bond Yields Rise?

06:10pm, Friday, 19'th Mar 2021
Last week, the ECB promised faster bond purchases to prevent a premature tightening of financial conditions. This unexpected move sent a strong signal: the central bank is determined to keep euro-area
Flash Eurozone PMI edges up from 47.8 in January to 48.1 in February. Manufacturing expansion gains momentum, helping offset further service sector weakness.
Despite questions over financing the European Union's new Green Deal, the green transition is now underway.
High public debts in the wake of COVID-19 pandemic will present a vulnerability for European governments with strong incentives to stabilize and lower their debt-to-GDP ratios. Changes in public debt
We are coming up on 13 years of nearly relentless outperformance by U.S. equities relative to counterparts in Europe.

Week Ahead - More Stimulus On The Way?

10:54am, Sunday, 13'th Sep 2020
The final months of the year are going to be extremely challenging for the global economy, with experts predicting another significant wave of COVID-19 which risks further restrictions around the worl
Japan's August producer prices were 0.5% lower than a year ago, improving from -0.9% in July. Sterling is easily the worst-performing currency in the world this week, losing approximately 3.6% against

ECB CRIB Sheet September 2020 Meeting

06:41am, Thursday, 10'th Sep 2020
In China, exports were stronger than expected, rising 9.5% from a year ago, while imports were weaker than anticipated, dropping 2.1%.
The pressure is on the ECB to follow the Fed’s monetary policy framework change example. The various heterogeneous national fiscal responses to the COVID-19 pandemic threaten to deliver Eurozone fra

Much Of Southern Europe Is Insolvent

10:02am, Friday, 04'th Sep 2020
Don't take the recent euro strength at face value, it's simply the result of US rates finally plunging to zero.
The US employment report is front and center. The euro recovered smartly yesterday, making new highs late in the North American session, even as equities were hammered.
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