ASEA News and Press, Global X FTSE Southeast Asia From 09/30/22

Summary Emerging markets have seen a sustained period of higher nominal yields over the past 18 months. This backdrop of moderating inflation raises the question of whether there is light at the end of the tunnel for monetary policy tightening. We do not expect cuts in the ver...

Summary Officials at the world's major central banks, led by the US Fed, grew increasingly united in their resolve to bring inflation under control. The August about-face pulled the Europe ex UK and both US Russell indexes back down to the bottom of the performance ranks for the y...

Summary Macro uncertainties have stolen the limelight, but Asia’s innovative small giants are rising out of the shadows. Asian Small Giants are enabling many large, global companies, by working together as strategic partners in a larger ecosystem. We find these small in...

Summary Equities around the world tumbled in one of the more challenging periods in this cycle, with the MSCI All Country World Index (MXWD) posting losses of -15.66%. Challenges abounded in markets around the world, but these were not limited only to emerging markets. Challen...

Summary The JPMorgan Global Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell from 51.1 in July to 50.3 in August, its lowest since June 2020. Output only rose in ten of the 30 economies for which data are available, and in five of those - including mainla...

Summary Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession risks. In year-on-year terms, the rate of overall export growth is now skirt...

Summary Global securities finance revenues reached $6.1bn in the first half of 2022, an increase of 12% YoY. Global ETP lending revenues were $453mn for H1, continuing to set new all-time highs, representing a 48% YoY increase. 2022 is off to an impressive start for Securities...

Summary Two shocks pushed the economy off course in the second quarter - Russia's invasion of Ukraine on 24 February and COVID-19 lockdowns in mainland China. Although real GDP decreased slightly in the first two quarters of 2022, do not call it a recession! With global demand...

Ginebra San Miguel grows as the alcoholic drinks market in the Philippines grows, with a CAGR growth of 8.63% over the past 5 years. The company is in a solid financial position where it can increase its cash yield and liquidity, solvency, profitability, and operating efficiency KPIs....

July was the highest revenue generating month of 2022. The US hard to borrow equity market pushes revenues higher. Fixed income continues to see strong demand. Corporate bonds are in for an impressive 2022. Global securities finance revenues totalled $1.215 bln, ...