RUSL News and Press, Direxion Daily Russia Bull 2X Shares From 09/15/23

2023-09-15 06:00:00 ET Summary The latest PMI data outlined renewed a contraction in developed markets while emerging markets growth, across both manufacturing and service sectors, slowed for a third month in a row. The rate of expansion for emerging markets remained marginally ab...

2023-09-07 05:00:00 ET Summary Global economic growth slowed for a third consecutive month in August, with falling factory output and weakened service sector growth. Developed world output contracted for the first time since January, indicating the intensifying drag on growth from...

2023-08-22 07:35:31 ET BRICS leaders, who are looking to transform their group into a geopolitical force that could threaten the West's dominance on the global stage, have converged for a three-day summit in South Africa that began on Monday. A notable exclusion is Russian...

2023-08-22 05:30:00 ET Summary Chairman Powell keeps reassuring us that the Fed is "data-dependent," but what do they do if some data is unclear or even flawed? There is a conflict between the ADP jobs data and the Labor Department's "seasonally adjusted" jobs data. In recent mont...

2023-08-15 05:55:35 ET Russia's central bank sharply raised its key interest rate by a whopping 350 basis points to 12% from 8.5% at an emergency meeting on Tuesday, as the Kremlin moves to stem the rapid weakening of the ruble. The Bank of Russia said the decision was aim...

2023-07-31 05:56:24 ET Former Russian President Dmitry Medvedev said Moscow would be forced to use a nuclear weapon if Ukraine's counteroffensive turned out successful and stressed that Russian armed forces are "keeping global nuclear fire from flaring up." Ukrainian drones&#x...

2023-07-27 07:03:23 ET The U.S. government will likely reach out to Western allies to remind them to adhere to the price cap on Russian crude oil exports by ship, Reuters reported citing sources, as prices have risen above the limit. The G7 countries, Australia and the European Union ha...

Summary The latest round of economic data (retail sales, CPI, PPI, jobless claims) are all signaling more Fed rate hikes are coming. A quiet week for the UK with the early part bringing PMIs from the services and manufacturing sectors and the latter BoE appearances. This week’...

Summary The Valentine’s Day inflation report is the main event of this week. Investors will pay close attention to Fed speak after the January inflation report. In the EU, central bank speak as ever remains key with President Lagarde on Wednesday the standout. GDP figures...

Summary Traders will pay close attention to initial jobless claims and the University of Michigan sentiment report. We learned a lot this past week about the position the euro area economy is in, the ECB's perception of it, and the market’s trust in the central bank. The stan...