Direxion Daily Ftse China Bear 3x Etf ETF News

Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

Wall Street was downbeat last week with all notable U.S. indexes being in the red. Rising inflation, hawkish Fed and fast-spreading Omicron variant of COVID-19 led to this bloodbath.

Goldman Sachs Group Inc. grew its position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 120.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,076 shares of the companys stock after purchasing an additional 28,503 shares during the period. Goldman []

Big three U.S. indexes including the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 made last week a winning one for investors.

After two disastrous weeks, Wall Street was moderately upbeat last week.

The financials of the Chinese companies are whatever the Chinese Communist Party wants them to be. They do not allow outside third-party audits. There is no verification of anything. The Chinese inter

Wall Street was subdued last week due to the Fed's taper talks. As a result, these inverse ETFs won massively.

China's tech stocks slumped to new lows on Friday and Hong Kong's benchmark index hit a 10-month low as an unrelenting series of Chinese regulatory crackdowns crushed international investors. Further,

Chinese stocks have fallen under government pressure, but that could be changing soon. In that case sentiment might come back to raise Chinese stock prices quickly.

The U.S. economy is witnessing a rise in the number of new Delta variant cases. This fear weighed on the broader market last week.

Since I started going to China 36 years ago, I have found that most Western observers who do not have direct contact with policymakers and don't follow in detail the patterns of the changes have tende

Last week was moderate for Wall Street. Rising virus cases probably weighed on the market sentiments slightly.

For ETF investors, who are bearish on equities for the near term, these products could make an interesting choice.

Flows into China-focused ETFs are surging as investors position for China's growing economic and financial strength. Non-Chinese investors are generally overlooking China's growing influence on the gl

China currently represents just 5% of the MSCI All Country World Index (ACWI) while the US represents 58%. Since the beginning of 2020, the MSCI China A Index has outperformed the CSI 300 Index by 561