CN News and Press, Xtrackers MSCI All China Equity From 03/01/23

Summary Today’s US data has been disappointing with housing, manufacturing, and construction data all hinting at challenging conditions. Unfortunately, given the lack of buyer interest in the residential property market, we expect construction activity to remain a drag on overall...

Summary While there were some uncertainties as to whether looser COVID-19 restrictions will boost the economy or lead to more disruption amid rising illness rates, the early evidence from the PMI surveys is encouraging. Jobs growth also resumed for only the second time in just over one-...

Summary Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures. Eurozone: While headline inflation has been falling, core remains at the peak and policymakers are unlikely to ease off th...

Summary A recovery in China's economy this year looks certain, but the nature and speed of that recovery remain in doubt. After a slow start, we believe the economy could pick up in the summer, but there is a risk that the economy will start to overheat by year-end. Although economi...

Summary For a fourth consecutive month, the S&P Global Market Intelligence forecast of 2023 global economic growth has been revised upward. Global consumer price inflation eased from a peak of 8.3% year on year (y/y) in September 2022 to an estimated 7.5% in January. The global ...

Summary Uncertainty abounds in many key global macroeconomic drivers. However, some of this uncertainty, global growth and geopolitics in particular, may provide a strong tailwind for EM debt. All key global macroeconomic drivers are maximally uncertain – rates, FX, duration, IG ...

Summary Improving domestic fundamentals and global outlook paint a brighter picture for China. Geopolitical tensions remain at the top of investors’ concerns. US-China trade data show resilience against a long-deteriorating relationship. We see potential opportunities in ...

Summary The latest round of economic data (retail sales, CPI, PPI, jobless claims) are all signaling more Fed rate hikes are coming. A quiet week for the UK with the early part bringing PMIs from the services and manufacturing sectors and the latter BoE appearances. This week’...

Summary Stocks have posted solid gains since they started to recover from last year’s painful crash. Policy trends that drive currency moves and macroeconomic growth differ around the world. Disciplined stock selection can help investors achieve effective global diversificati...

Summary Loosening Big Tech's labor stronghold may help level the global playing field. We believe many of our international holdings will be able to capitalize on dislocated labor markets. International investing offers the opportunity to access markets with technology innovators wh...