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Leveraged China ETF Falls as Trump-Xi Trade Meeting “Highly Unlikely”

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...
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