YINN241220P34000
- 6.39
- +1.09+20.57%
Direxion Daily FTSE China Bull 3X Shares ETF Newsroom
Asia Markets Mixed as Traders Assess Mixed Economic Data in the Region; Eyes on Major Central Back Decisions
China's Nov Retail Sales Slows as Stimulus Impact Fades; Unemployment Rate Held Steady
U.S., China Extend Key Science & Tech Cooperation Deal Amid Trade, Trump Tensions
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
China to Lift Fiscal Spending to Boost Economy
Here's the Breakdown for November CPI, in One Chart
China's Leaders To Chart Economic Plans For 2025: Report
China Central Economic Work Conference: A Key Indicator for Future Market Trends
November CPI Report: What to Know Ahead of Today's Inflation Data
Asia-Pacific Markets Mixed as China's Key Economic Meeting Kicks Off; Eyes on U.S. CPI Report
Asia Markets Surge, Defied Selloff on Wall Street on China's Economic Policy Shift to Spur Growth
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Express News | China Signals Major Policy Shift: Hang Seng and Chinese Stocks Rally on Easing Measures
Asia Markets Mixed Amid Global Political Uncertainty, China's Weaker-than-expected Inflation Data
China's Consumer Inflation Falls Below Forecasts, Drops to a Five-month Low in November
Asia Markets Mixed Mirroring Losses on Wall Street; Traders Assess Economic Data From Japan, India
Asia-Pacific Markets Mixed Amid Global Political Unrest in South Korea and France; Bitcoin Crosses $100,000
Asia-Pacific Markets Mixed as Caution Grips Market Following Political Turmoil in South Korea
China's Services PMI Fall in November From October's Three-month High, Misses Expectations