CHIX News and Press, Global X MSCI China Financials From 02/07/24

2024-02-07 17:07:00 ET Summary What has been driving recent weakness in the Chinese markets? Why China's economy continues to struggle? China's stimulus efforts: Go big or go home? China's economy has been struggling, despite stimulus efforts by Beijing. Haining Zha,...

2024-02-07 07:08:00 ET Summary The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China’s GDP growth for the fourth quarter rose from 4.9% year-on-year to 5.2%, bringing ...

2024-02-07 04:32:00 ET Summary Following a sharp decline in the technology sector in January, policymakers in China are reviewing draft legislation titled, “Measures for the Administration of Online Games.”. Investor expectations for the timing of US interest-rate cu...

2024-02-07 02:38:02 ET Japan ( NKY:IND ) -0.11% . Japan December leading indicator index 110.1 vs 107.6 prior .... Read the full article on Seeking Alpha For further details see: Asia-Pacific stocks mixed as traders digested Fed's comments, amid robust quart...

2024-02-07 00:08:00 ET Summary The decline in bond yields and policy rate expectations that closed 2023 underwent a sharp reversal, but that failed to dampen sentiment in equity markets. The pullback in Fed rate-cut expectations was amplified by Fed Chairman Jerome Powell’s...

2024-02-06 12:30:00 ET Summary The International Monetary Fund (IMF) upwardly revised its 2024 global growth forecast to 3.1% from 2.9%, largely because of a more resilient US economy and policy stimulus in China. New York Community Bank surprised markets by slashing its dividend ...

2024-02-06 10:45:00 ET Summary The FOMC weighed all the economic data and decided to make it clear they would most likely not cut interest rates in March. The Fed’s favorite inflation indicator, the core Personal Consumption Expenditure rate, has been under the Fed’s...

2024-02-06 09:12:00 ET Summary There were 5 Bank failures in 2023 with $548B in assets according to the FDIC – two of which sent the S&P to the lows for the year in March. China was expected to add to post-COVID reopening growth; however, the government cracked down on ...

2024-02-06 05:22:46 ET Hopes are building for a rescue of Chinese stocks after a drubbing that erased $7T from mainland equities and shares in Hong Hong since their peaks in 2021. An expected rebound from strict zero-COVID measures has failed to materialize, prompting policymakers to consid...

2024-02-06 03:18:55 ET Japan ( NKY:IND ) -0.53% . Average cash earnings in Japan increased by 1% year-on-year in December 2023, accelerating from a 0.2% gain in November but missing expectations for a 1.3% growth.... Read the full article on Seeking Alpha For f...