ProShares UltraShort MSCI Brazil Capped drops $1.54 early on and steadies around the $19.91 level.
United States's Consumer Confidence new data released of 100.2 below its previous figure.
In contrast, positive data for ProShares UltraShort MSCI Brazil Capped reported earlier when data for United States Consumer Confidence released today at 15:00 UTC is better than expected with 100.2, but worse than previous figure of 102.2.
While price action maintains a negative bias, United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Sep) came out at 10.4, while a consensus of analysts was expecting 10.8. United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300.
As the trading day commences, technical analysis suggests the resistance level is at $21.78, followed by $22.1.
Positive performances can be seen by looking at other markets as having closed the previous session at $29.28, HSBC Holdings is up 5.12% today to currently trade at around $30.78. Alibaba is up 5.75%. United Parcel Service gained 2.9% and is currently trading at $185.12.
Moreover, United States Pending Home Sales is projected to outperform its last figure with -5%, having previously been at -10.2%. The figure will be published tomorrow at 15:00 UTC. United States Crude Oil Inventories is projected to outperform its last figure with -2.49 million. It previously stood at -3.69 million; data will be released tomorrow at 15:30 UTC.
Furthermore, United States ADP Nonfarm Employment Change (Nov) is expected tomorrow at 13:15 UTC.
ProShares UltraShort MSCI Brazil Capped reached a significant high of $34.1 around 4 months ago but has lost 37.08% since then.