CHIS News and Press, Global X Funds MSCI China Consumer Staples From 11/09/23

2023-11-09 03:15:00 ET Summary China is not experiencing deflation as most headlines attest. But its pork prices are undoubtedly much lower, good news for all except farmers probably. While negative headlines for Chinese CPI inflation provide the media with a hook to hang a ju...

2023-11-06 22:15:00 ET Summary On November 1, ADP reported that 113,000 private payroll jobs were created in October, which was well below the economists’ consensus expectation of 130,000 jobs. Education and health services led the way with 45,000 new jobs, followed by trad...

2023-11-06 14:05:00 ET Summary Developed market (DM) central banks have signaled high-for-longer policy rates. We stay selective in DM equities and prefer international stocks. U.S. stocks bounced 6% last week as 10-year Treasury yields plummeted on the Fed's pause and slowing wag...

2023-11-03 22:45:00 ET Summary A surprising mid-year budget revision from policymakers in China was recently approved, widening the budget deficit from 3.0% to 3.8%. This occurrence is unusual, as previous revisions mostly resulted from major economic events like earthquakes and f...

2023-11-03 03:35:00 ET Summary Manufacturers worldwide charged more for their goods on average for a third successive month in October, according to the latest PMI surveys compiled by S&P Global and sponsored by JPMorgan. Labour market effect has moderated considerably in rece...

2023-11-03 02:22:00 ET Summary Divergent global growth and the implications for investors. U.S. interest rates: Higher for longer than originally thought? Outlook for investors in an era of uncertainty. Even as the U.S. economy shows its resilience, other global ec...

2023-10-31 14:50:00 ET Summary Purchasing Managers' Indexes painted a weaker picture for manufacturing in Japan, the eurozone and the UK. The 10-year US Treasury yield continued its roller coaster ride as a wide range of factors contributed to big swings in this key data point. ...

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 ...