EURL News and Press, Direxion Daily FTSE Europe Bull 3x Shares From 07/10/24

2024-07-10 07:00:00 ET Summary The dollar is mostly softer today, but largely within the recent ranges, as the market appears to be waiting for tomorrow's US CPI. A less hawkish Reserve Bank of New Zealand has triggered a sell-off of the local dollar. Global equities are mostl...

2024-07-09 21:06:38 ET Summary Economist, Hyman Minsky, theorized financial bubbles are caused by new technology, easy credit, amnesia about past bubbles, and abandonment of traditional stock valuation methods. Federal Reserve's aggressive monetary policies since 2008 have inflate...

2024-07-09 07:05:00 ET Summary The dollar is consolidating in narrow ranges today against the G10 currencies and enjoys as slight upward bias against most emerging market currencies but for a few currencies from the Asia Pacific region. Asia Pacific equities rallied but for Hong K...

2024-07-09 07:05:00 ET Summary The second round of the French National Assembly election delivered a hung parliament, as expected, but also a huge surprise. The far-right party National Rally fell from first to third place and the left-wing alliance of the Nouveau Front Populaire came...

2024-07-09 03:04:00 ET Summary A more dovish Powell would help firm up the September cut expectations ahead of the CPI release due Thursday. Whereas in the US, we see the rate-cutting narrative picking up momentum; in the Eurozone, the direction is less evident. The 10Y B...

2024-07-08 07:05:00 ET Summary The dollar is narrowly mixed against the G10 and emerging market currencies today. The euro is little changed, holding on to last week's gains, after the surprising French election results. The Japanese yen has given back its initial gains, and t...

2024-07-06 05:30:00 ET Summary Price pressures remained elevated globally, according to PMI survey data, as further signs of cooling in the service sectors of most major economies were in part countered by reviving cost pressures in the manufacturing sector. Worldwide PMI survey d...

2024-07-06 01:50:00 ET Summary Global economic growth slowed in June but remained the second-strongest seen for just over a year, according to PMI data, pointing to a further robust expansion in the second quarter of 2024 after the slowdown seen in late 2023. The US bucked a broad...

2024-07-05 04:05:00 ET Summary US payroll numbers have continuously surprised expectations to the upside, yet soft data keeps pointing at a weakening labour market. A consensus reading or lower would help build a Fed cutting narrative for September, helping both US and euro rates ...

2024-07-04 10:55:00 ET Summary The global economy moved along as expected, with some slowing but not enough to trigger a recession. We view the slowing as positive, contributing to disinflation and bringing economies back into balance. Rate cuts have begun in key markets, with...