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DIREXION DAILY FTSE EUROPE BULL 3X ETF News

$28.58
-0.420 (-1.45%)
At Close: May 17, 2024
After four days of intense negotiations, EU leaders have reached agreement on a €750 billion recovery fund to help repair the economic damage from COVID-19.
These are not numbers that are consistent with a robust rebound. In fact, they don't indicate very much of one at all.
European Union leaders agree to landmark relief package. Market expectations for U.S.
In the last ten years, American equities have outperformed European ones by a wide margin. Yet, in the current uncertain scenario, there may be good reasons to take exposure to European stocks.
China is insisting that the US close its Chengdu consulate office. As retaliatory measures for expelling China's consulate office in Houston, this seems like a moderate response.
U.S. and European labor markets have displayed strikingly different performance during the crisis.
After a period of intense debate and discussion over several days, European Union (EU) leaders finally reached an agreement on a €750 billion (US$858 billion) COVID-19 rescue plan.
This week, the EU announced a massive coronavirus bailout - featuring the first-ever common bond issuance - which marks the birth of a new integrated Europe.
EU leaders have closed in on a landmark recovery deal, but it may not turn out to be Europe’s “Hamilton moment.

Favoring Euro Stocks In Global Restart

08:10am, Tuesday, 21'st Jul 2020
We consider European stocks the most attractive regional exposure to a multispeed global restart, especially versus emerging markets outside of north Asia.
Jens Van 't Klooster is a postdoctoral fellow at KU Leuven and is also a member of the research group, A New Normative Framework for Financial Debt at the University of Amsterdam.
Research reveals that European central banks have prepared a new international gold standard. The U.S.

Why We Like Credit

09:10am, Tuesday, 14'th Jul 2020
We like credit on a strategic basis as valuations compensate for default risks and we prefer credit over equities on a tactical basis.
Manufacturing PMI output indices exhibit stronger correlations with underlying growth rates in official data than month-on-month changes. Recent data point to i
Our base case is that the global economic recovery in its initial stages will be slow and uneven. We assume there will be a gradual easing of lockdowns and a gr
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