CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 10/31/23

2023-10-31 13:59:00 ET Summary PMI data for October showed momentum in China's economy waned following recent improvements in hard activity data. By industry type, most manufacturing sectors experienced a slowdown in growth in October, though for companies that are heavy consumers...

2023-10-28 07:45:00 ET Summary Global growth outlook is mediocre, with only the US and China showing exceptionalism. Global inflation is falling, with US inflation not expected to reach the Fed's target rate until 2025. Rising US real yields are attracting global capital and i...

2023-10-27 00:52:00 ET Summary The expectation that interest rates will remain at high levels for longer than anticipated is leading equity managers across the globe to favor companies with strong balance sheets. Conversely, managers are more cautious on companies reliant on loans or ...

2023-10-24 22:40:00 ET Summary Market leadership began to broaden throughout the third quarter relative to the narrowly led performance we experienced in the first half of the year. Relative outperformance was driven by inexpensive and cyclical sectors such as energy, autos, finan...

2023-10-21 02:40:00 ET Summary The post-pandemic recovery is being tested by gathering global storm clouds. China’s economic story has disappointed as the property sector weighs heavily on consumption. Europe is heading for stagnation, weakened by China’s economic st...

2023-10-20 23:45:00 ET Summary Now that Fed Chair Powell signaled that the FOMC will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before the economy cools in Q4. The ECB is expected to leave interest rates unchanged next wee...

2023-10-20 20:30:00 ET Summary China has imposed export controls on graphite, a key material used in electric vehicle batteries, in the latest move to control the supply of critical raw materials. Citing national security concerns, Beijing said on Friday it will require special ex...

2023-10-18 12:30:00 ET Summary The global outlook is being troubled by rising rates, oil prices and the U.S. dollar, resulting in investor risk aversion. Spiking bond yields are challenging the equity market’s soft landing assumption. With limited prospect of an upgrade to ...

2023-10-18 08:45:00 ET Summary China’s importance in the global economy has increased dramatically in recent decades, and it has been a particularly crucial driver of trade integration in Asia. De-risking strategies by China and the United States and other OECD countries th...

2023-10-18 05:35:00 ET Summary Years of aggressive monetary conditions have begun to bite, and global central banks appear near the end of their respective tightening cycles. Growth in Europe was weaker than the US, since households there had comparatively smaller savings to navig...