CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 07/28/23

2023-07-28 05:00:00 ET Summary We believe China is navigating through its first really significant crisis in confidence since the restructuring period of the 1990s. What we expect to see in a slower-growing China is more competitive discipline, improved capital allocation and grow...

2023-07-27 09:00:00 ET Summary China is important to the United States as our third-largest export market, after Canada and Mexico. Chinese consumers have turned cautious in their spending, an idea reinforced by a recent Wall Street Journal story reporting that people are spending...

2023-07-26 06:05:00 ET Summary While S&P Global Market Intelligence's global real GDP growth forecast for 2023 is unchanged at 2.4%, this masks regional divergence. From a cycle high of over 8.0% in September 2022, global consumer price inflation has fallen to an estimated 4.7...

2023-07-26 04:30:00 ET Summary I expect the Federal Reserve to raise rates one more time this week before finally ending this long and grueling rake hike cycle. Many expect the Bank of Japan to alter its yield curve control policy, but I’m skeptical that it will happen at t...

2023-07-26 03:37:00 ET Summary Economic activity in the first quarter of the year proved resilient, despite the challenging environment, amid surprisingly strong labor markets. The global tightening of monetary policy has brought policy rates into contractionary territory. Lab...

2023-07-25 11:15:00 ET Summary Market momentum dominated headlines in the United States in Q2, largely driven by mega-cap technology amid enthusiasm around AI. While US outperformance was narrowly led by a handful of stocks, performance outside the US was broader, particularly in ...

2023-07-25 02:30:00 ET Summary Normally, a weak dollar fuels commodity price inflation, but deflationary forces are keeping commodities in check. Russia announced last week that it is pulling out of the international agreement that allows Ukraine to export much of its Black Sea gr...

2023-07-23 09:15:00 ET Summary Despite resilient U.S. growth, the foundations have been laid for a short and shallow recession later this year. Notably, as a U.S. recession will likely be short and shallow, any equity pullback will likely be short and shallow. The following recove...

2023-07-22 05:40:00 ET Summary We’ve been anticipating a recession for some time, but I believe the US economy is too strong to experience one this year. Core inflation has been stubbornly high, but I expect it to fall as the impact of flattening home prices makes its way i...

2023-07-21 22:31:00 ET Summary According to S&P Global Manufacturing PMI data, output growth across emerging economies excluding mainland China recorded its strongest quarterly average for 12 years in the second quarter of 2023. Monetary policy makers in emerging markets were ...