CHIS News and Press, Global X Funds MSCI China Consumer Staples From 03/07/23

2023-03-07 12:50:00 ET Summary Global business activity grew at its strongest rate for eight months in February, reviving further from the low seen last October. Looking at the major developed economies, there was encouraging news from the US and Europe. Looking ahead, prospec...

Summary In 2021, China announced carbon dioxide peaking by 2030 and carbon neutrality by 2060. Despite China being the largest issuance country in the green bond market, international investors may often find themselves lost in the pile of Chinese green bond guidelines. China remain...

Summary Global manufacturing output returned to growth in February after six months of decline, according to the JPMorgan Global Manufacturing Purchasing Managers' Index compiled by S&P Global. The improvement was driven by Asia and coincided with the reopening of the economy of mai...

Summary Today’s US data has been disappointing with housing, manufacturing, and construction data all hinting at challenging conditions. Unfortunately, given the lack of buyer interest in the residential property market, we expect construction activity to remain a drag on overall...

Summary While there were some uncertainties as to whether looser COVID-19 restrictions will boost the economy or lead to more disruption amid rising illness rates, the early evidence from the PMI surveys is encouraging. Jobs growth also resumed for only the second time in just over one-...

Summary Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures. Eurozone: While headline inflation has been falling, core remains at the peak and policymakers are unlikely to ease off th...

Summary A recovery in China's economy this year looks certain, but the nature and speed of that recovery remain in doubt. After a slow start, we believe the economy could pick up in the summer, but there is a risk that the economy will start to overheat by year-end. Although economi...

Summary For a fourth consecutive month, the S&P Global Market Intelligence forecast of 2023 global economic growth has been revised upward. Global consumer price inflation eased from a peak of 8.3% year on year (y/y) in September 2022 to an estimated 7.5% in January. The global ...

Summary Uncertainty abounds in many key global macroeconomic drivers. However, some of this uncertainty, global growth and geopolitics in particular, may provide a strong tailwind for EM debt. All key global macroeconomic drivers are maximally uncertain – rates, FX, duration, IG ...

Summary Improving domestic fundamentals and global outlook paint a brighter picture for China. Geopolitical tensions remain at the top of investors’ concerns. US-China trade data show resilience against a long-deteriorating relationship. We see potential opportunities in ...