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GXC News and Press, SPDR S&P China From 01/01/24

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Company Name: SPDR S&P China
Stock Symbol: GXC
Market: NYSE

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GXC - China's manufacturing PMI downturn deepens: PMI

2024-01-01 02:07:30 ET China's Manufacturing PMI from the National Bureau of Statistics (NBS) for December fell for the third straight month to 49.0 missing market forecasts of 49.5, down from 49.4 in November. The Non-Manufacturing PMI rose for the 12th straight month to 50.4, shying...

GXC - Chinese spy balloon said to use US internet service provider: report

2023-12-29 13:31:34 ET More on China and the global economy GXC ETF: Unfavorable Macro Backdrop Offset By Favorable Technical And Valuation Sub-Plots MCHI: China's Economy Could Be Facing Long-Term Structural Decline KWEB: Is It Different Now Foreign investor...

GXC - Asia-Pacific stocks muted as global stocks search for new highs on last trading day of 2023

2023-12-29 02:27:29 ET Japan ( NKY:IND ) -0.22% . Japan’s 10-year government bond yield rose above 0.6% and was headed for its fourth straight annual gain amid growing speculation that the Bank of Japan could end its negative interest rate policy next year. Chin...

GXC - GXC ETF: Unfavorable Macro Backdrop Offset By Favorable Technical And Valuation Sub-Plots

2023-12-28 11:23:54 ET Summary The SPDR S&P China ETF has performed poorly in 2023, with total returns of -13%. The Chinese economy is expected to have a slow recovery in 2024, with growth expected to come in at 4.6% vs 5.2% in 2023. Consumer dynamics in China remain weak,...

GXC - Asia-Pacific stocks advance tracking overnight rise in global stocks

2023-12-28 02:11:32 ET Japan ( NKY:IND ) -0.42% . Japan's factory output dips in November; retail sales surpass expectations China ( SHCOMP ) +1.55%. Hong Kong ( HSI ) +2.73% . India ( SENSEX ) +0.37% . Australia ( AS51 ...

GXC - Asia-Pacific stocks mixed in cautious trade; Chinese shares slip amid new gaming rules

2023-12-26 03:07:53 ET Japan ( NKY:IND ) +0.16% . Bank of Japan Governor Kazuo Ueda said on Monday the likelihood of achieving the 2% inflation target was “gradually rising,” raising hopes of a potential policy normalization. Japan’s unemployment...

GXC - Quick Thoughts: 5 Surprises For 2024

2023-12-25 04:43:00 ET Summary The past year demonstrated something we’ve always believed, namely that blockchain is not synonymous with cryptocurrencies - it is far bigger than that. As 2023 draws to a close, investors are rejoicing over the prospects of a “soft lan...

GXC - Asia-Pacific stocks mixed ahead of U.S. inflation data for the outlook on Fed monetary policy

2023-12-22 02:58:50 ET Japan ( NKY:IND ) +0.09%. Japan's inflation rate continue to ease in November as food price hikes slow . BOJ October Minutes: To keep sustaining Yield Curve Control to support wage growth. China ( SHCOMP ) -0.13% . Hong Kong&...

GXC - APAC Manufacturing Sector Rebounds In Late 2023

2023-12-21 04:07:00 ET Summary After protracted weakness in manufacturing output and exports for many APAC industrial economies through most of 2023, there are early signs of improving momentum as the year draws to a close. After showing contraction each month between April and Oc...

GXC - Asia-Pacific stocks mixed tracking late sell-off on Wall Street

2023-12-21 02:09:43 ET Japan ( NKY:IND ) -1.59%. China ( SHCOMP ) +0.55%. Geopolitical concerns also dampened sentiment amid reports that Chinese President Xi Jinping told US President Joe Biden during their recent summit in San Francisco that Beijing wi...

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