Direxion Daily Russia Bear 3X (RUSS)

[value1008]

News blurb from S.Alpha this a.m.:

Russia ratifies BRICS reserve fund • 3:28 AM
Yoel Minkoff, SA News Editor

Russian President Vladimir Putin ratified an accord Saturday to set up a $100B reserve fund for the so-called BRICS nations, aimed at reshaping the Western-dominated international financial system centered around the IMF and World Bank.
China is poised to provide the largest share of $41B to the pool, while Russia, Brazil and India will provide $18B each. South Africa is set to chip in the remaining $5B.
Previously: BRICS launches bank to offset Western-dominated financial system (Jul. 16 2014)