Direxion Daily Russia Bear 3X ETF
Business activity in Russia’s (ERUS) service sector continued to increase in June but at a slower pace than the previous month.
Many macroeconomic indicators in Russia (ERUS) are showing signs of improvement in 2017.
The recovery of oil prices in the latter half of 2016 has helped the Russian ruble to appreciate along with improved exports.
The current geopolitical tension between Turkey (TUR) and Russia (RSX) (RUSS) stems from the ongoing Syrian crisis. Turkey and Russia support different sides in Syria’s civil war.