NYSEARCA:FAS
Direxion Daily Financial Bull 3X ETF News
$112.28
+1.96 (+1.78%)
At Close: May 17, 2024
Fed boosts liquidity to banks through overnight repo lending
07:29pm, Wednesday, 11'th Mar 2020
The Fed is adding more liquidity to short-term funding markets by boosting overnight and term repurchase agreement operations.The New York Fed's Open Market Trading will offer at least $175B in daily
IMF urges regulators to monitor asset managers, ETFs amid turmoil
03:11pm, Wednesday, 11'th Mar 2020
Tobias Adrian, director or Monetary and Capital Department of the International Monetary Fund, recommends that authorities keep a close eye on asset managers and exchange-traded funds, where investor
Fed accepts $123.6B of securities in overnight repo operations
01:07pm, Tuesday, 10'th Mar 2020
The New York Fed's Open Market Trading Desk accepts all $123.6B of securities submitted under its expanded overnight repurchase agreement (repo) operations.$95.2B of Treasury securities were submitted
MCCY supports FAS 'drive for excellence', discussion on Goal 2034 to continue
08:55am, Tuesday, 10'th Mar 2020
SINGAPORE: The Ministry of Culture, Community and Youth (MCCY) and the Football Association of Singapore (FAS) will continue to meet and discuss the Goal 2034 project, they said in a joint statement i
Goldman now sees Fed cutting rate to record low in April
03:05pm, Monday, 09'th Mar 2020
Goldman Sachs Group economists now expect the Fed to slash its benchmark interest rate by another 50 basis points when its policy-setting arm meets on March 17-18 and again at their April 28-29 meetin
Oil plunge delivers 'body blow' to banks - Bove
01:09pm, Monday, 09'th Mar 2020
The plunge in oil prices "will be a big problem for America's banks" because all of the majors — including Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), and Wells
Difficult for Goal 2034 to succeed if Singapore cannot support it says FAS, as it seeks clarification from MCCY
04:00am, Saturday, 07'th Mar 2020
SINGAPORE: It will be "difficult" for Goal 2034 to succeed if it is not supported by the country, said the Football Association of Singapore (FAS) following comments made by the Ministry of Culture, C
Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Trading Down 11.8%
08:34am, Friday, 06'th Mar 2020
Shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) fell 11.8% during mid-day trading on Thursday . The company traded as low as $66.05 and last traded at $68.42, 2,198,400 shares were tr
Expect a record wave of mortgage refinancing after Fed cut
02:22pm, Wednesday, 04'th Mar 2020
The Fed's 50-basis point rate cut and the resulting plunge in long-term bond yields will push mortgage rates to "unimaginable" lows and likely trigger a wave of refinancing that will put billi
Financials sink, homebuilders rise after Fed cut
04:38pm, Tuesday, 03'rd Mar 2020
With the Fed lowering interest rates, bank stocks swoon and homebuilders revive.Financial Select Sector SPDR ETF (NYSEARCA:XLF) sinks 2.9%, while the iShares U.S. Home Construction ETF (BATS:ITB) a
Now is not the time to buy bank stocks, says Odeon's Bove
02:57pm, Friday, 28'th Feb 2020
Even before coronavirus clouded the global economic outlook, Odeon Capital analyst Dick Bove was warning that the banking industry's business model was changing radically and would result in lower mar
TECL: Beware Extreme Liquidity, Concentration Risk
05:33pm, Monday, 24'th Feb 2020
Large technology companies like Apple and Microsoft seem to be in a typical end-of-bubble blow-off top speculative price pattern. This has caused 3X leveraged t
Fed's Bullard sees coronavirus as likely to blow over soon
02:36pm, Friday, 21'st Feb 2020
The coronavirus is likely to be a short-term problem that will soon blow over without the need to cut rates, St. Louis Fed President James Bullard said in an interview on CNBC.Traders' expectations th
Fed sees need for regular open market operations to maintain reserves
07:41pm, Wednesday, 19'th Feb 2020
The repurchase agreement, or repo, operations that the Fed implemented in mid-September 2019 to calm money markets did what they were intended to do and proceeded smoothly, Fed officials said, accordi
New York Fed to start publishing SOFR averages in March
05:45pm, Wednesday, 12'th Feb 2020
To prepare for the transition away from U.S. dollar LIBOR, the Federal Reserve Bank of New York will start publishing 30-, 90-, and 180-day Secured Overnight Financing Rate (SOFR) averages as