CHIS News and Press, Global X Funds MSCI China Consumer Staples From 01/04/23

Summary The upsides to falling demand and spare capacity were fewer supply constraints and a further marked moderation of price pressures. While Japan's factory output downturn likewise moderated slightly, it remained among the sharpest witnessed over the past decade. Future output ...

Summary ASEAN manufacturers continued to experience a slowdown at the end of 2022, with December's PMI data indicating the softest output expansion in 15 months. One unsurprising development with the slowing of demand for manufactured goods had been the abating of price pressures, which...

Summary We expect 2023 to be a year of transition, with gradual fading of price pressures allowing policymakers and market participants to take a more balanced approach to assessing growth and inflation dynamics. The near-term outlook calls for more of the same: high inflation and rate ...

Summary Today’s high prices may well lead to tomorrow’s low prices, and tomorrow may arrive sooner than many feared. Asynchronous reopening is set to bedevil the global economy for at least another year. Broad housing market activity during much of 2022 suggests that w...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...

Summary China will lift Covid measures for international arrivals. The measures should initially benefit the travel and hospitality sectors as well as catering. Gradually, it will lead to an increase in the mobility of residents in the country. Even though the Chinese government is ...

Summary In just a short amount of time following the 20th Party Congress, we have seen multiple green shoots in the Chinese market. After the Party Congress, we are seeing signs of coherent policy support in the property sector. Property sector woes and the zero-COVID policy ar...

Summary President Xi’s political report to the 20th National Congress laid out the long-term vision and ideologies for the Chinese Communist Party, where development remains a top priority over the long term. With numerous global and domestic uncertainties this year, President Xi...

Summary Much of Wall Street will be taking off this week. It will be a week filled with lots of economic readings. There will be no earnings and no Fed speak. By Ed Moya US Thin trading conditions could persist as much of Wall Street will be taking off th...

Summary Inflation and central bank policy will likely continue being key focus points for investors. 2023 may not see a repeat of the frantic Federal Reserve activity that characterized 2022, but policy rates almost certainly still have further to rise. While 2023, with its challeng...