RWIU News and Press, Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust From 08/28/20

NEW YORK , Aug. 28, 2020 /PRNewswire/ -- Direxion continually reviews its product range to ensure it's meeting the needs of our clients. Based upon a recent review, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close 15 ETFs (each, a "Fund" and c...

By Ed Moya Key Economic Events Monday, July 27 - UK and EU Brexit negotiations resume with a focus on fishing rights and level-playing-field regulations. -The IMF executive board will consider South Africa's request for a $4.2 billion loan to support its fight against the coronav...

By Hemant Baijal, Head of Multi-Sector Portfolio Management, Global Debt Senior Portfolio Manager We believe the immense global fiscal and monetary response to the coronavirus pandemic could continue to provide very attractive opportunities within global fixed income markets. The fir...

By Daniel Lacalle According to the International Monetary Fund ((IMF)), global fiscal support in response to the crisis will be more than $9 trillion, approximately 12 percent of world GDP. This premature, clearly rushed, probably excessive, and often misguided chain of so-called stimu...

By Jill Mislinski Seven of eight indexes on our world watch list posted losses through July 20, 2020. The top performer is our own S&P 500 with a gain of 0.65%. China's Shanghai is in second with a loss of 1.82% and in third is Tokyo's Nikkei 225 with a loss of 3.97%. Coming in last is...

Current estimates for major advanced economies remain too optimistic, due to the mismanagement of the COVID-19, belated responses and premature exits, which have now caused far-earlier-than-expected secondary virus waves. As a result, the hoped-for V-shaped recovery will not happen in the 2nd ...

The year 2020 will be remembered as the year that the COVID-19 pandemic caused human and economic devastation around the world. If ever there was a year that needed a midyear reflection, it's this one. Kim Parlee talks with Brad Simpson, Chief Wealth Strategist, TD Wealth. Transcript ...

In May and early June, there were clear indications of a sharp rebound in economic activity, after a very deep and very short recession. One measure is the steady rise in our Materials Price Index since the beginning of May. Another is the robust increase in the JP Morgan Global Composite Ou...

There are several reasons a full recovery may take until 2022. Joachim Fels, global economic advisor, and Anmol Sinha, fixed income strategist, explain the factors that could push our baseline outlook into a good or bad scenario. Copyright PIMCO 2020. All Rights Reserved. Investment ...

The following is an extract from IHS Markit's monthly PMI overview presentation. The full report is below. The JPMorgan Global PMI™ (compiled by IHS Markit) jumped by a record 11.4 index points in June, building on a prior record increase of just over 10 index points in May to push th...