RUSL News and Press, Direxion Daily Russia Bull 2X Shares From 07/06/22

As European spot prices for gas break new records, it is becoming clear that natural gas will be one of the major battlefields of the geoeconomic war between Russia and the West. Despite a popular perception that gas exports are a major source of funding for Putin’s war chest, ...

A shortened trading week on Wall Street will have traders focusing on the FOMC minutes, a few Fed speakers, and the June nonfarm payroll report. I don’t think there’s any such thing as a quiet week for Europe at the moment but next week is probably as close as it gets. ...

Recessions have gone from being a potential consequence of high inflation and rapid monetary tightening to an increasingly likely scenario. A wrath of economic indicators are expected to confirm the trend of weakening business activity. The gas stand-off with Russia isn’t e...

Federal Reserve wants to hit the brakes, a 180-degree reversal from the recent two-year effort to turbo-stimulate the U.S. economy. USD's strength since early last year has defied a widening trade deficit, historic negative real interest rates, and growing anxiety that weaponizing the...

Growth is slowing, but it’s slowing to trend at this point. So not to zero, not to negative, but something like the trend that we’ve experienced over the last couple of decades. So, if you’re looking for a great way to play inflation, look to the small cap asset c...

Ukrainian President Volodymyr Zelensky is scheduled to deliver a speech to the U.S. Congress at 9 a.m. ET as his country continues to fight against invading Russian forces. The remarks will come a day after President Biden signed a massive spending bill into law, which includes more than $13B...

Russia is due to make a key interest rate payment on its foreign debt on Wednesday, but with sanctions strangling its economy, Moscow is threatening to repay international bond holders in rubles. Finance Minister Anton Siluanov pointed to measures that have frozen nearly half of Russia's $643...

President Biden will tack on to the "mother of all sanctions" today, calling for an end to normal trade relations with Moscow. The decision, which will be taken along with the EU and G7 countries, will revoke Russia's "most favored nation" status, clearing the way for increased tariffs on imp...

Russian exchange traded funds found themselves in complete freefall all week as the Ukraine invasion amplified market tensions each passing day. Russian ETFs not only crumbled to new trading lows but there was also halted trading and de-listings that took place as market volatility ratcheted ...

European Union officials are said to be considering cutting Russia's access to financing at the International Monetary Fund after its invasion into the Ukraine. One option being looked at is removing Russia entirely from the IMF, though that may be vey hard to do or impossible, according to a...