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GXC News and Press, SPDR S&P China From 01/16/24

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

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GXC - Emerging Markets Conclude 2023 On Better Note Than Developed Markets

2024-01-16 20:56:00 ET Summary Emerging markets will also be looking closely at economic conditions in mainland China, which will be a key determinant of broader emerging market growth in 2024. A key reason for diverging emerging and developed market performance was the marked var...

GXC - Asia-Pacific stocks in red tracking losses in other major markets amid economic uncertainties

2024-01-16 02:35:50 ET Japan ( NKY:IND ) -0.79%. Japan producer prices climb 0.3% in December . Consumer inflation data due later this week is also expected to show further signs that price pressures are moderating. China ( SHCOMP ) +0.25% . Traders an...

GXC - Investing Themes For 2024

2024-01-15 12:40:00 ET Summary All decisions around investing, everything we're seeing everyone doing is now colored by the rate situation. Artificial intelligence is a constantly growing and transforming phenomenon. Unlike artificial intelligence, a lot of the most exciting a...

GXC - PBoC keeps medium-term lending facility rate unchanged at 2.5%

2024-01-15 01:47:32 ET China’s central bank left its medium-term policy loans rate unchanged, defying market expectations for further policy easing to support economic growth. On Monday, The People's Bank of China (PBoC) said it was keeping the rate on 995 billi...

GXC - Asia-Pacific stocks mixed in holiday-thinned trade, while PBOC keeps its key rate unchanged

2024-01-15 01:27:10 ET Japan ( NKY:IND ) +0.92% . Investors now ahead to Japanese inflation figures for December due later this week to guide the monetary policy outlook. China ( SHCOMP ) +0.29% . People's Bank of China set MLF rate at 2.5% (prior 2.5%). ...

GXC - Asia-Pacific stocks mixed as traders digest key deteriorating data from China and trade figures

2024-01-12 01:59:59 ET Japan ( NKY:IND ) +1.50% . Japan's current account surplus expands in November 2023 . China ( SHCOMP ) +0.01% . China’s economy remains deflationary as consumer prices fall for third straight month in December . China trad...

GXC - China trade surplus larger than estimated amid robust exports

2024-01-12 00:55:44 ET China's trade surplus increased to $75.34 billion in December 2023 from $70.65 billion in the same period the previous year, surpassing market forecasts of $74.75 billion, marking the largest trade surplus in three months, as exports grew more than imports, data from ...

GXC - China's economy remains deflationary as consumer prices fall for third straight month in December

2024-01-12 00:37:46 ET China’s economy remained deflationary in December, with consumer and producer prices falling 0.3% and 2.7% , respectively, while factory-gate prices extended their slide, National Bureau of Statistics of China data on Thursday showed. China...

GXC - Global Asset Allocation Viewpoints, Q1 2024 - Gentle Slope, Not Cliff Edge

2024-01-11 03:41:00 ET Summary Economic growth is now cooling as global monetary tightening gradually takes its toll. Most central bankers have now adopted a more dovish stance, and rate cuts are likely in 2024. Rate cuts failing to materialize may drive extended U.S. Treasury...

GXC - Asia-Pacific stocks rise tracking gains on Wall Street, eyes on US CPI data

2024-01-11 02:26:58 ET Japan ( NKY:IND ) +1.77% . The Nikkei 225 Index jumped 1.77% to close at 35,049 while the broader Topix Index rallied 1.57% to 2,483 on Thursday, scaling their highest levels in nearly 34 years as a weakening yen boosted the outlook on Japan’s...

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