Leveraged China ETF Falls as Trump-Xi Trade Meeting “Highly Unlikely”
February 07, 2019 at 13:55 PM EST
With the U.S.-China trade truce nearing its 90-day deadline, a meeting between U.S. President Donald Trump and Chinese President Xi Jinping appears “highly unlikely,” per a report by CNBC. This caused the Direxion Daily FTSE China Bull 3X ETF (NYSEArca: YINN) to fall over 4 percent on...