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RWIU - Powell Pushing Against Negative Rate Expectations In The U.S.
Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
Overview: Another late sell-off in US shares, this one perhaps related to the sobering assessment by the leading medical adviser for the Trump Administration about the risks of opening too early, failed to deter investors in the Asia Pacific region. Although Japanese shares slipped, most other markets rose. India led the way (~2%) after a fiscal stimulus program was announced. European shares, though, are heavier, led by consumer discretionary and financial sectors. US shares are steady to firmer.
After a slow start, European bonds have rallied and yields are 2-3 bp lower, with Italy's benchmark