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Direxion Daily FTSE China Bull 3X ETF News

$24.11
+0.86 (+3.70%)
At Close: Jun 17, 2024
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
Emerging markets can offer traders the ability to play off strength outside U.S. borders. With leveraged ETFs, there are both bullish and bearish opportunities to ponder.
More fund managers are starting to add bonds to their portfolios again. That's evidenced by allocations in the last few months.
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

China's Rally Could Have More Room to Run

10:47am, Wednesday, 08'th May 2024
China's stock market rally could be in its early stages, giving traders plenty of time to ride the momentum wave using leveraged exchange traded funds (ETFs) like the Direxion Daily CSI 300 CHN A Shar
These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Best Leveraged ETFs of Last Week

09:41am, Monday, 06'th May 2024
Wall Street was upbeat last week with the S&P 500 adding 0.6%, the Dow Jones gaining 1.1% and the Nasdaq advancing 1.4%.
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
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