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June 29, 2023A quick look at today: ProShares UltraShort MSCI Brazil Capped slips 3.04% to close at $13.38 today.
Highly important Pending Home Sales data from United States beat analyst expectations of -0.5% with a reading of -2.7%.
Nonetheless, encouraging indicators for ProShares UltraShort MSCI Brazil Capped published earlier when data from United States concerning GDP was released today at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 2.6 to two this month. Highly important Initial Jobless Claims data from United States beat analyst expectations of 266,000 with a reading of 239,000.
Other assets are showing positive performances as Wells Fargo & Company is trading around $42.45 after ending today's session at $40.62 (up 4.51% today). JP Morgan Chase rallies 3.49% today and closed at $138.59. Visa Inc. went up by 2.79% today, and closed at $234.32.
Furthermore, United States Core PCE Price Index (MoM) (May) will be released tomorrow at 12:30 UTC.
All in all, the fund has been on a negative trend for around a month. ProShares UltraShort MSCI Brazil Capped hit a significant low of $12.6 around 8 days ago, but has since recovered 9.53%.
