CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 06/02/23

2023-06-02 20:30:00 ET Summary Oil prices are rallying ahead of the OPEC+ meeting this weekend, with traders potentially fearing another surge in prices. Economic data for the week will focus on the service sector, trade deficit, and jobless claims in the US, with the ISM services...

2023-05-31 12:35:00 ET Summary After a strong sales performance for washing machines, dishwashers, ovens and more during the pandemic era, the major home appliance manufacturers have faced a tough 12-month period of slowing sales. Manufacturers are looking to cut costs by simplify...

2023-05-29 14:21:00 ET Summary What does the impact of strained relations between China and the West mean for global trade? Why China's recovery is starting to falter. Does China have a youth unemployment problem? China's highly anticipated economic rebound w...

2023-05-26 21:00:00 ET Summary Treasury Secretary Yellen will soon provide an update on the X-date and that could show talks might have an extra week from the current June 1st deadline to get a deal done. The lira hit a record low against the dollar on Friday ahead of the vote, wi...

2023-05-25 23:45:00 ET Summary As inflation remains high in many developed markets, emerging market central banks were quicker to hike interest rates coming out of the pandemic that helped to steady their economies. So emerging markets started raising interest rates first, and the...

2023-05-25 08:01:00 ET Summary On Sunday night, President Joe Biden returned from the G-7 Summit, Speaker Kevin McCarthy and Biden connected, and by Monday morning talks resumed. We could see market turbulence in the coming days as the details are hammered out and the X-date draws...

2023-05-23 00:00:00 ET Summary Despite the challenges of high inflation, tightening financial conditions and geopolitical conflicts, the global economy is likely to avert a recession. World real GDP growth picked up from an annual rate of 1.6% quarter over quarter in the final qua...

2023-05-20 02:05:00 ET Summary Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. Wednesday is the main event as the Minutes could provide some hints that some policymakers are ready to pause tightening. Next week is bi...

2023-05-17 00:00:00 ET Summary Markets are being shaped by disparate trends from falling energy prices to rising interest rates. During first-quarter earnings season, company reports indicated that these crosscurrents are intensifying business challenges—and making it harde...

2023-05-16 23:05:00 ET Summary The Federal Reserve’s latest 0.25% interest rate hike has likely capped one of its most aggressive policy-tightening cycles in 40 years. Core inflation, which excludes the more volatile energy and food prices, remains historically high, but ha...