CNXT News and Press, VanEck Vectors ChinaAMC SME-ChNext From 06/06/24

2024-06-06 07:35:00 ET Summary The dollar is mostly softer today, ahead of tomorrow's employment report. We suspect ECB officials will try to deliver a hawkish cut, by which we mean, framing the move to avoid the market driving down interest rates. The euro is in the upper end...

2024-06-06 06:40:00 ET Summary Average prices charged for goods and services rose worldwide at a slightly increased rate in May, reflecting persistently elevated services price increases combined with accelerating price growth in manufacturing. Worldwide PMI survey data compiled b...

2024-06-05 09:40:00 ET Summary At 50.9, the Global Manufacturing PMI recorded above 50.0 neutral mark for a fourth straight month in April. The latest data signalled an ongoing steady improvement of the global manufacturing economy so far in 2024 after almost one and a half years ...

2024-06-04 07:45:00 ET Summary The dollar's losses scored after yesterday's disappointing ISM manufacturing report was extended initially in Asia Pacific turnover earlier today before it recovered. Indian stocks are giving back yesterday's gains plus today, sliding more than 5%. ...

2024-06-03 07:20:00 ET Summary The dollar has returned from the weekend with a better bid tone. A dramatic victory for the Morena party in Mexico, which could allow constitutional changes, has spurred sales of the Mexican peso. The Indian rupee is stronger as Modi appears to h...

2024-06-01 05:55:46 ET Summary Markets for the most part corroborated the "higher for longer" and rising global yields thesis. The Nasdaq 100 declined 0.7% Wednesday in bearish trading action, as the Semiconductors slumped 1.9%. The yen has ominously little to show for the mon...

2024-05-31 06:52:00 ET Summary Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning signal for the upcoming industrial production data...

2024-05-30 08:10:00 ET Summary Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state coordination with market forces. T...

2024-05-28 08:30:00 ET Summary The overcapacity debate is not really about overcapacity in its most precise term, but rather what we call “problematic overcapacity”. We expect it will be difficult to avoid friction given the rise of protectionism, heightened geopolit...

2024-05-27 14:00:00 ET Summary The trend of private equity firms acquiring publicly-listed companies only magnifies the opportunities in public equities. AI opportunities are indeed multifaceted, presenting both real opportunities and real risks. When looking at commodity mini...