Direxion Daily FTSE China Bear 3X ETF News

China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive.

The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo

China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa

China's regulatory crackdowns, tensions with the US, and slowing economic growth create risks for investors in China's equity markets. Direxion Daily FTSE China Bear 3X Shares is a fund to avoid due t

Why China May Need To Do More To Boost Investor Confidence

The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros

Wall Street wrapped up last week on a positive note, thanks to a combination of strong earnings reports from major tech companies and a upbeat jobs report.

China's government is finally moving to stimulate the economy after its sluggish post-COVID reopening.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets a

Two the the largest global economies are heading in opposite directions. Economic growth tailwinds have bulls firmly behind India, while bears continue to pounce on China's struggles.

Worsening deflation is putting the Direxion Daily FTSE China Bull 3X ETF (YINN) in bear mode. With YINN down 25%, traders can take the other side with the Daily FTSE China Bear 3X Shares (YANG).

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The S&P 500 hit a new high for the year last week after the November jobs report and University of Michigan consumer survey data came in at upbeat.

While the buy-and-hold strategy makes the most intuitive sense, it's boring, which invariably leads curious investors down the path toward inverse ETFs. Just like any other exchange-traded fund, these