CHIS News and Press, Global X Funds MSCI China Consumer Staples From 06/14/23

2023-06-14 19:20:00 ET Summary AIER’s Everyday Price Index fell 0.09 percent in May 2023 after rising for three of the first four months of this year. One June 13th, the US Bureau of Labor Statistics released the May 2023 Consumer Price Index. Prices of headline CPI con...

2023-06-14 10:21:00 ET Summary The value of goods traded between the U.S. and China saw a small increase in April 2023, continuing the rebound that began the preceding month. The trailing twelve-month average value of goods traded continued to fall in April 2023. The cumulativ...

2023-06-14 06:28:00 ET Summary We’ve seen signs of improvement that are positive for the Chinese internet services sector, but that space also continues to be a place of extreme competitive aggression. As a result of the creation of economic zones, increased availability of...

2023-06-12 11:45:00 ET Summary As low US stock market transaction volume immediately followed the attainment of a new bull market milestone, the media proclaimed we had entered a so-called new “bull market”. I believe it is either a head fake, an unrecognized opportu...

2023-06-10 02:55:00 ET Summary China's economic reopening has been more modest and uneven than expected, with the manufacturing index falling for the second month and the non-manufacturing PMI slowing more than anticipated. The disappointing weakness in domestic consumption is a s...

2023-06-09 22:00:00 ET Summary The US Federal Reserve is expected to deliver a hawkish skip, but if inflation ends up being too hot, the Fed could opt to deliver a rate hike. The European Central Bank is expected to hike interest rates by another 25 basis points on Thursday, poten...

2023-06-08 03:40:00 ET Summary Inflationary pressures eased globally in May, according to the latest PMI survey data, though remained elevated thanks principally to wage pressures. Price rises were hence more widely seen in the labour-intensive services economy, but selling prices...

2023-06-07 11:40:00 ET Summary Data suggests the US economy is certainly slowing down, but it does not tell us a recession is definitely underway. Recent data has shown a cooling of China’s economic growth, but I believe it’s temporary, and also lopsided. The eur...

2023-06-07 07:00:00 ET Summary Despite reduced foreign participation, Chinese government bonds have shown resilience and outperformed most of their global peers. The move away from Chinese onshore bonds by overseas investors was evident in the offshore dollar high-yield bond marke...

2023-06-07 04:56:00 ET Summary Global growth hit the fastest for a year and a half midway through the second quarter, according to the S&P Global PMI surveys based on data provided by over 27,000 companies. Looking further into the growth of demand, the largest improvement was...