EURL News and Press, Direxion Daily FTSE Europe Bull 3x Shares From 11/26/23

2023-11-26 04:40:00 ET Summary Early PMI survey data for November from S&P Global showed the major developed economies collectively contracting marginally for a fourth month. Geographically, the flash PMI data add to indications that the eurozone economy is likely to contract ...

2023-11-26 02:30:00 ET Summary The dollar fell against all G10 currencies last week, with the dollar-bloc currencies, sterling, and the Scandis leading the move. The US dollar's pullback appears to be entering its final stages, with retracement targets being met and momentum indic...

2023-11-24 08:15:00 ET Summary Foreign exchange market remains subdued with major currencies fluctuating around +/- 0.2%. China considers new efforts to support the property market, leading to a rally in developer stocks. Germany's Constitutional Court ruling on Covid funds cr...

2023-11-24 06:45:00 ET Summary The ECB is likely already at its interest rate peak, putting the focus on the timing of a first rate cut. As cuts approach in the summer of 2024, the curve should start to disinvert via the front end. But a prospective landing zone of the depo ra...

2023-11-23 05:30:00 ET Summary Inflation reports from the US, eurozone, and UK suggest that their rate hike cycles may have come to an end. I still expect some volatility, as there is still significant uncertainty around the timing of when rate cuts will begin. All in all, I t...

2023-11-22 22:20:00 ET Summary Rate-cut bets have been piling up and getting moved closer, as everything that central bankers say – no matter what – is either being interpreted as “dovish” or is being brushed aside. There is a problem with markets betti...

2023-11-22 07:00:00 ET Summary The dollar stabilizes and strengthens against the euro and yen, while also gaining against most emerging market currencies. Gold consolidates around $2000 after a 1% jump, while US oil inventories cap the price of crude. The Dutch election, Swede...

2023-11-22 05:33:00 ET Summary Deal activity involving sustainable companies dropped 15% to touch a three-year low of $111bn. By number of deals, China led the market for sustainable M&A activity, taking an 18% market share. The market for equity issuance remains moribund, wit...

2023-11-21 09:05:00 ET Summary A more volatile macroeconomic regime, alongside relatively high rates, may mean investors need to demand greater compensation for taking on equity risk; they can meet this higher performance bar by getting precise about targeted opportunities. The AI...

2023-11-18 08:35:00 ET Summary Soft US price data and weaker economic data suggest a convergence of negative factors for the dollar. The US dollar's gains from July are being retraced, with a high degree of uncertainty in the post-Covid business cycle. The market is pricing in...