CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 09/05/23

2023-09-05 22:55:00 ET Summary With a decidedly positive last week of August, many investors are wondering if September would live up to its bad reputation. At 0.63%, the 10-year JGBs are deep into negative real rate territory, with the inflation rate in Japan rising to more norma...

2023-09-05 13:13:00 ET Summary Global manufacturing output fell for a third straight month in August, signaling a slight easing in the rate of contraction. One factor providing support to production and facilitating the fulfilment of back orders was a further improvement in supply...

2023-09-05 09:30:00 ET Summary PMI survey data from S&P Global and Caixin showed the mainland Chinese economy losing further growth momentum midway through the third quarter. The overall growth and inflation picture nonetheless remains subdued, and a further downturn in busine...

2023-09-05 09:05:00 ET Summary The 6-month U.S. Treasury bill is yielding just about exactly 5.5%, while the S&P 500 Index is yielding less than 1.6% - one of the greatest spreads ever recorded. The U.S. Treasury yield curve is at all-time record inversion, meaning that the sh...

2023-09-03 00:17:00 ET Summary Why August was tough for finding market trends. Lessons from China's reopening and what investors got wrong. The pitfalls of FOMO investing. As markets prepare to roll into autumn, Ben Gossack, Portfolio Manager at TD Asset Management...

2023-09-02 09:30:00 ET Summary Average prices charged by factories for their goods edged higher for the first time in four month during August. Data hints that the recent deflationary impact of falling price pressures in the manufacturing sector may have peaked. The deflationa...

2023-09-02 05:04:00 ET Summary Chinese leaders at the July Politburo meeting pledged to formulate "a basket of plans" to resolve risks stemming from local government debt. LGFVs are considered a component of China’s overall “augmented debt”, which includes off...

2023-09-02 03:40:00 ET Summary The month started with a bang with the US jobs report but the following week is looking a little more subdued, starting with the bank holiday on Monday. Eurozone:  Next week is littered with tier-three events despite the large number of releases...

2023-09-01 21:30:00 ET Summary Given the fact that equity valuations are so extreme and at such a precarious time in the economic cycle, it’s probably wise to maintain a defensive position in the markets. In fact, I would argue that it calls for maximally defensive position...

2023-09-01 00:30:00 ET Summary China’s latest activity data worsened across nearly every component. Markets have given up looking for fiscal stimulus, and have started making comparisons with 1990s Japan. We don’t agree with the Japanification hypothesis, but clearly...