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home / news releases / QMJ - ECB - Keeping Up The Pace

QMJ - ECB - Keeping Up The Pace

Direxion S&P 500 High minus Low Quality ETF
  • We expect the European Central Bank to maintain its current pace of asset purchases even though the economic restart is gaining momentum.
  • U.S. nonfarm payrolls growth picked up in May. We caution against extrapolating too much from erratic near-term data amid a powerful restart.
  • U.S. inflation data will also be in focus this week. A high core consumer price index reading could fuel talks of tapering by the Federal Reserve.

For further details see:

ECB - Keeping Up The Pace
Stock Information
Company Name: Direxion S&P 500 High minus Low Quality ETF
Stock Symbol: QMJ
Market: NYSE
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