CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 06/08/23

2023-06-08 03:40:00 ET Summary Inflationary pressures eased globally in May, according to the latest PMI survey data, though remained elevated thanks principally to wage pressures. Price rises were hence more widely seen in the labour-intensive services economy, but selling prices...

2023-06-07 11:40:00 ET Summary Data suggests the US economy is certainly slowing down, but it does not tell us a recession is definitely underway. Recent data has shown a cooling of China’s economic growth, but I believe it’s temporary, and also lopsided. The eur...

2023-06-07 07:00:00 ET Summary Despite reduced foreign participation, Chinese government bonds have shown resilience and outperformed most of their global peers. The move away from Chinese onshore bonds by overseas investors was evident in the offshore dollar high-yield bond marke...

2023-06-07 04:56:00 ET Summary Global growth hit the fastest for a year and a half midway through the second quarter, according to the S&P Global PMI surveys based on data provided by over 27,000 companies. Looking further into the growth of demand, the largest improvement was...

2023-06-07 00:31:00 ET Summary Emerging markets are gaining attention from foreign investors, with AI-driven chip demand and China's deposit rate cuts stimulating growth. The transition to a greener future presents significant investment opportunities in renewable energy, decarbon...

2023-06-05 13:20:00 ET Summary We see the market’s focus returning to higher-for-longer rates and sticky inflation after a U.S. debt ceiling deal. We prefer an up-in-quality portfolio. U.S. stocks hit 2023 highs after the debt ceiling deal. Yields rose amid the specter of r...

2023-06-03 07:51:00 ET Summary Global factory output prices fell for the first time in three years in May due to falling demand and improving supply. Reduced input buying by manufacturers and easing logistical issues have led to the steepest improvement in worldwide supplier deliv...

2023-06-03 06:00:00 ET Summary Global manufacturing output rose for a fourth successive month in May, according to the latest PMI surveys compiled by S&P Global, growing at the fastest rate since June last year. There are worrying signs in terms of demand conditions, which sug...

2023-06-02 21:30:00 ET Summary Cooler heads prevail over debt ceiling but are there broader implications? Recession vs resilience: Finding opportunities in a cautious market. Why fixed income still may provide opportunities for investors. The bill to rais...

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...