CHIX News and Press, Global X MSCI China Financials From 04/01/24

2024-04-01 01:33:11 ET The official NBS Manufacturing PMI in China was up to 50.8 in March 2024 from 49.1 a month earlier, above market forecasts of 49.9. It was the first growth in factory activity in 6 months and the steepest pace for a year, recent upbeat indicators in the mainlan...

2024-04-01 01:25:00 ET Read the full article on Seeking Alpha For further details see: China's manufacturing PMI at 13-month high amid robust demand

2024-03-30 05:58:04 ET Summary Financial conditions loosened further, building on the Fed's Q4 dovish pivot. For the quarter, the S&P 500 returned (price and dividends) 10.55%. While 10-year Treasury yields jumped 32 bps during Q1 to 4.20%, corporate Credit notably outperf...

2024-03-29 03:05:00 ET Summary The investment case for China today is a long shot. It’s not something we are prepared to commit any serious money to today. A general rule of thumb is that the property and investment sector contributes about a third of China’s total G...

2024-03-29 02:14:38 ET Japan ( NKY:IND ) +0.67% . Japan's industrial output slipped 0.1% in February, and retail sales exceeded forecasts .... Read the full article on Seeking Alpha For further details see: Asia markets rises in thin holiday trade ahead of PCE in...

2024-03-28 03:46:20 ET Japan ( NKY:IND ) -1.46% . The Japanese yen steadied near 151 per dollar, recovering slightly after falling to fresh 34-year lows earlier this week. Officials from Japan’s Ministry of Finance, the Bank of Japan, and the Financial Services Agen...

2024-03-27 09:15:00 ET Summary China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive. We think the country's in a necessary transition rather than in any long-term decline. U...

2024-03-27 05:20:00 ET Summary China's industrial profits reached a 25-month high of 10.2% YoY YTD in the first two months of 2024. Combined with earlier industrial production data, we see positive signs for industrials having bottomed out. If the recovery of manufacturing con...

2024-03-27 03:18:33 ET Japan ( NKY:IND ) +0.90 %. The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.... Read th...

2024-03-27 02:47:38 ET Profits earned by Chinese industrial firms increased by 10.2% year on year to CNY 914.06 billion in the first two months of the year, following a 2.3% profit decline for the whole of 2023. The latest data suggests China's economic recovery gained steam at t...