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CHIX News and Press, Global X MSCI China Financials From 11/01/23

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Company Name: Global X MSCI China Financials
Stock Symbol: CHIX
Market: NYSE

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CHIX - Semiconductor stocks in focus as Biden is set to meet with Xi Jinping

2023-11-01 07:48:09 ET More on Markets Piper Sandler predicts 'pop phase' for stocks, sees 15% rally by year-end Wolfe Research ‘Cracks are starting to show’ for Magnificent 7 Generative AI in 'very early days' for software giants like Microsoft, Salesf...

CHIX - China factory activity unexpectedly drops in October amid weak demand

2023-11-01 01:33:45 ET The Caixin China General Manufacturing PMI fell to 49.5 in October 2023 from 50.6 in September, missing market forecasts of 50.8, marking the first contraction in factory activity since July, amid a renewed fall in output as economic recovery remained fragile. ...

CHIX - Global Market Roundup: Manufacturing, Earnings Season, Inflation, And More

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. ...

CHIX - China: Momentum Waned In October

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...

CHIX - Asia-Pacific stocks mixed on weak China data; BOJ policy tweak

2023-10-31 03:13:29 ET Japan ( NKY:IND ) +0.53% . Bank of Japan tweaks yield curve control policy, holds interest rates Japan September factory output, retail sales rise; jobless rate falls to 2.6% . Japan's JGB 10 year yield hits 0.955%, highest since May ...

CHIX - China manufacturing unexpectedly shrinks, services miss forecast in October

2023-10-31 02:44:12 ET The official NBS Manufacturing PMI in China unexpectedly fell to 49.5 in October 2023 from 50.2 in September, missing market forecasts of 50.2. Furthermore, the official NBS Non-Manufacturing PMI for China unexpectedly was down to 50.6 in October 2023 from...

CHIX - Asia-Pacific stocks mixed ahead of key central bank meetings, tensions in the Middle East

2023-10-30 02:47:35 ET Japan ( NKY:IND ) -0.97% . Japan’s 10-year government bond yield rose toward 0.9%, hitting fresh 10-year highs amid growing speculations that the Bank of Japan would hike its existing yield cap at this week’s policy meeting. China&#x...

CHIX - IMF 2023 Fall Meetings: The World Begins To Worry About The U.S. Fiscal Deficit

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...

CHIX - October 2023 Active Management Insights: Higher-For-Longer Interest Rates A Chief Concern

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 ...

CHIX - Asia-Pacific stocks mixed tracking losses in global markets, eyeing ECB rate decision

2023-10-26 03:24:52 ET Japan ( NKY:IND ) -2.14% . China ( SHCOMP ) +0.48% . Investors continued to assess the economic outlook in China following news that the government has pledged to issue 1 trillion yuan in supplementary bonds for disaster reli...

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