CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 06/28/23

2023-06-28 09:30:00 ET Summary Our base case anticipates a relatively brief and shallow economic slowdown as inflation continues to moderate and monetary policy tightening nears an end. In our downside scenario, we could potentially see a “hard landing,” starting wit...

2023-06-27 04:33:00 ET Summary One striking observation from our journey through China's growth sectors was the impressive advancement towards green energy. China aims to reach a capacity of 3.3 terawatts by 2030, substantially exceeding its current goal of 1.2 terawatts. In l...

2023-06-24 23:55:00 ET Summary We think the macro factor that still matters most, at least for now, is inflation, notwithstanding how important these other elements may turn out to be. Emerging markets have performed well year to date despite continued rate hikes from the Fed, reg...

2023-06-24 01:50:00 ET Summary Global economic performance exceeded expectations in early 2023. With financial conditions tightening, global growth likely slowed in the second quarter and will remain below potential through mid-2024. Global consumer price inflation has slowed ...

2023-06-23 21:15:00 ET Summary Europe appears at great risk for a recession as traders bet on aggressive rate rises by all the European central banks. The Fed is still expected to be nearing the end of their respective rate hiking campaign. If inflation comes down as expected,...

2023-06-22 00:30:00 ET Summary The Fed held rates steady in June but projected two more rate hikes before the end of the year. The ECB hiked rates and made it clear that there’s more work to be done in the inflation fight. Japan maintained its accommodative policy, whil...

2023-06-20 23:57:00 ET Summary Over the past six months, China’s reopening has not delivered the growth that President Xi Jinping and his government favor, and so policy is beginning to shift. Those in the bearish camp are flagging deflation risks, record-high youth unemplo...

2023-06-20 22:45:00 ET Summary As inflation begins to moderate, Olga and Hugo examine the structural forces shaping the medium-term outlook in four categories: energy, housing, goods, and services. They uncover dynamics that challenge conventional wisdom about post-COVID shifts in...

2023-06-20 20:44:00 ET Summary China's central bank tries new stimulus efforts to boost slowing growth. Why unemployment is proving to be key to China's economic troubles. The U.S. and China take steps to try and cool tensions. China's economy was expected to...

2023-06-19 05:30:00 ET Summary After an initial spurt of activity, China’s reopening momentum has surprisingly slowed. There may be some green shoots in U.S.-China relations in the near term. The government announced a series of measures to support businesses, including...