EUFL News and Press, Direxion Daily European Financials Bull 2X Shares Direxion Shares ETF Trust From 03/30/20

By Antonis Giannakopoulos With fear of the coronavirus continuing to wreak havoc on every country in the West, almost all governments have taken radical measures for containment of the virus: mandatory quarantines for many, the closing of businesses, and the prohibition of many economic an...

Over the past few weeks, European countries have stepped up virus containment measures aggressively, with most of the region now in lockdown. Gauging the exact economic impact of these measures is hard, but it is almost a certainty by now that Europe will experience a very deep recession, with...

By Fabrizio Ferrari When Mario Draghi's tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi's successor turned out to be Christine Lagarde - a patent dove, as can be inferred from her...

Originally published March 19, 2020 The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task wi...

Ten of Direxion Shares leveraged funds will now seek  daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, instead of 300%/-300% previously. More news on: Direxion Daily Russia Bear 3x Shares ETF, Direxion Daily Natural Gas Rela...

NEW YORK , March 20, 2020 /PRNewswire/ -- Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While...

Part 1 While I'm going to pass along my thoughts to you, I want to emphasize that I wasn't, and still am not, able to anticipate the most important things happening in the markets because of the extremely rare nature of the circumstances. While what I don't know is much greater than what I k...

German Chancellor Angela Merkel says she's ready to consider joint debt issuance to help deal with the economic fallout of the coronavirus. More news on: Invesco CurrencyShares Euro Trust ETF, ProShares UltraShort Euro ETF, iPath EUR/USD Exchange Rate ETN, Global news and forex, News on ...

By David Zahn, CFA, Head of European Fixed Income, Franklin Templeton Fixed Income Newly appointed UK Chancellor of the Exchequer Rishi Sunak tore up the fiscal rulebook and unveiled a spend-heavy UK budget, announced just after the Bank of England delivered an emergency interest-rate cut....

It was the day of coordinated policy moves in the UK, as both the Bank of England (BoE) and the government announced significant measures to counter the economic effects of the coronavirus. The synchronization aims to amplify the impact of the actions taken, with the BoE helping credit flow to...