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Direxion Daily FTSE China Bull 3X ETF News

$27.05
+0.660 (+2.50%)
At Close: May 03, 2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
The latest economic data could mean China's efforts to reinvigorate its economy could be working. That's adding optimism for short- and long-term investors.
China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive.
Up just over 14% within the past month, the performance of the Direxion Daily FTSE China Bull 3X ETF (YINN) could be signaling that bulls are back in China equities.

PBOC Held Rates Steady In March

05:05am, Friday, 15'th Mar 2024
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
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Best Inverse/Leveraged ETF Areas of Last Week

09:56am, Tuesday, 27'th Feb 2024
While Nvidia's ascent and strong earnings reports have buoyed investor confidence, ongoing developments in monetary policy and economic data will continue to shape market sentiment in the weeks and mo

Top Performing Leveraged/Inverse ETFs: 02/18/2024

02:30pm, Wednesday, 21'st Feb 2024
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
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
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
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.

Best Inverse/Leveraged ETFs of Last Week

09:01am, Monday, 29'th Jan 2024
Wall Street was upbeat last week.

YINN: Poised For The Onset Of A Bull Market

12:06am, Sunday, 28'th Jan 2024
The Chinese market, with high liquidity and low stock participation, mirrors conditions favorable for a bull market. Government initiatives to improve market regulations are boosting investor confiden

Restarting China's Economic Growth

10:15pm, Wednesday, 24'th Jan 2024
China's government is finally moving to stimulate the economy after its sluggish post-COVID reopening.
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