CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF

2024-03-06 06:30:00 ET Summary China's National People's Congress convened this week and set a growth target of 5%. There are rumors that the US Federal Reserve’s March dot plot will show expectations for an average of only two rate cuts in 2024. Bank of Japan (BOJ) off...

2024-03-05 10:45:00 ET Summary The much-anticipated government work report was unveiled at the latest "Two Sessions". 2024 economic targets were set, with growth targets in line with expectations and signals for moderately increased fiscal stimulus. The top-level policy tone f...

2024-02-24 01:04:00 ET Summary Measures facilitating trade are still outweighing those that restrict it globally, but the gap is narrowing for large economies (G20) and recent signs of looming protectionism on the side of the US and Europe are not encouraging for trade. However, g...

2024-02-21 10:20:00 ET Summary Canada’s January CPI report came in softer than expected at an annualized rate of 2.9%. The share of CPI components inflating more than 5% year-over-year fell to 24% from 68% at the cycle peak in 2022. While other essentials like groceries...

2024-02-21 02:34:00 ET Summary Mexico benefits from China's trade dispute with the U.S. Is China still the world's manufacturer? How global trade is changing. For the first time in 20 years, China is no longer the main seller of goods to the US. That title is now h...

2024-02-21 02:09:00 ET Summary China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included. F...

2024-02-20 20:20:00 ET Summary The biggest economic news last week was that the Labor Department reported on Tuesday that the Consumer Price Index (CPI) rose 0.3% in January and 3.1% in the past 12 months. Overall, the annual pace of the CPI continues to decelerate, but not at the...

2024-02-17 22:19:00 ET Summary Could policymakers fall behind the curve? Rapid disinflation has fueled consensus expectations for significant rate cuts this year. But pushback from the US Federal Reserve on the timing of the first rate cut raises the possibility that policymakers coul...

2024-02-17 05:13:05 ET Summary January's CPI data confirm that inflation is anything but dead and buried. It's worth noting that despite January's notable 0.8% rise, Import Prices were still down 1.3% YOY. Medical Care Services gained 0.7%, with Health Insurance prices jumping...

2024-02-13 00:40:00 ET Summary Bull markets naturally climb a “wall of worry,” and the latest worries center around escalating wars, the presidential race, and delays in Fed rate cuts. Shipping disruptions in the Red Sea are not adversely impacting the U.S., but they...