Markets have no obvious direction as trading sees the middle of session

Peloton leader Direxion Daily FTSE China Bull 3X Shares gains 12.43%; currently at $43.04
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF moves 0.04% by midday
European markets are flat.

With the trading session well underway, markets are mixed with Nasdaq up 0.39%, trading at 12,332. Dow Jones slipping 0.14% and closing at 33,255.

European markets have no obvious direction. Asia-Pacific session in progress; markets are rising as Nikkei goes up to 29,626 (up 0.81%).

HEICO Corporation and ZIM Integrated Shipping Services Ltd. due to release their earnings reports within the following week.

Ambiguous macro data is influencing the market as United States NY Empire State Manufacturing Index (May) came out at -31.8, while a consensus of analysts was expecting -3.7.

Furthermore, the market is looking at United States Retail Sales is projected to outperform its last figure with 0.7%. It previously stood at -0.6%; data will be released tomorrow at 12:30 UTC. United States Core Retail Sales is projected to outperform its last figure with 0.4%. It previously stood at -0.4%; data will be released tomorrow at 12:30 UTC. United States Crude Oil Inventories projected to decline to -917,000 while previous data was 2.95 million; data will be released Wednesday.

While markets are generally sideways so far today, these assets are pulling ahead as Direxion Daily FTSE China Bull 3X Shares up 12.43% trading at $43.04. ETFMG Sit Ultra Short ETF is doing well and gains 0.81%.

Despite lacklustre price action, some assets are lagging behind their peers as iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF is currently trading at $25.35 after declining 0.04%.

IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Currently steady around $25.35

It's been more of the same this session on the back of a month of flat trade,

ETFMG Sit Ultra Short ETF | +0.81% in mid-session

The past 6 months have been positive for ETFMG Sit Ultra Short ETF as it appreciated 1.03%, having traded as low as $47.64.
Shareholders to attain annual dividend yield of 1.67% this year

The past 6 months have been positive for ETFMG Sit Ultra Short ETF as it appreciated 1.03%, having traded as low as $47.64.