GSJY News and Press, Goldman Sachs ActiveBeta Japan Equity From 06/06/24

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 04:30:00 ET Summary Taiwan has clearly established its dominance in semiconductor manufacturing, particularly in logic chips. As the AI revolution increasingly demands advanced systems capable of storing vast amounts of data, South Korea has fortified its position in th...

2024-05-31 09:20:00 ET Summary We’d rather downplay the weaker-than-expected manufacturing data and focus on a solid recovery in retail sales and a reacceleration in inflation, which will be welcomed by the Bank of Japan. Inflation has been quite choppy due to various gover...

2024-05-31 01:20:00 ET Summary Europe seems extremely likely to cut rates in June, in my view, as progress on inflation has been significant. Inflation has slowed, and I give the Bank of Canada a 50/50 chance of a rate cut at its June meeting. The Federal Reserve seems poised ...

2024-05-27 03:25:00 ET Summary The flash PMI data for May from S&P Global brought encouraging news on economic growth, with output of the combined manufacturing and service sectors rising across the four major developed economies - the 'G4' - at the fastest rate for a year. Am...

2024-05-22 12:30:00 ET Summary Recent data indicates the US economy has been cooling modestly and disinflationary progress has resumed, which should help hasten the start of rate cuts. There is a significant amount of cash that is likely to start moving to stock and bonds once the...

2024-05-22 09:15:00 ET Summary By end-April 2024, Japanese equities had outperformed the FTSE All-World index over 12 months and in the year to date. Japan has undertaken significant structural corporate reforms in recent years. Active share buybacks by listed Japanese firms h...

2024-05-20 14:15:00 ET Summary We stay dynamic on a strategic horizon to take advantage of sharp valuation shifts. We go overweight emerging market stocks for the first time since 2020. U.S. stocks hit all-time highs while 10-year yields fell after the CPI data met expectations. W...

2024-05-20 07:50:00 ET Summary Most of the G10 currencies are +/- 0.1% against the dollar. The BOJ's reluctance to continue to reduce its bond purchases seemed to strengthen perceptions that it was not as concerned about the yen's weakness as was the Ministry of Finance. The e...