GXC News and Press, SPDR S&P China From 02/07/24

2024-02-07 02:38:02 ET Japan ( NKY:IND ) -0.11% . Japan December leading indicator index 110.1 vs 107.6 prior .... Read the full article on Seeking Alpha For further details see: Asia-Pacific stocks mixed as traders digested Fed's comments, amid robust quart...

2024-02-07 00:08:00 ET Summary The decline in bond yields and policy rate expectations that closed 2023 underwent a sharp reversal, but that failed to dampen sentiment in equity markets. The pullback in Fed rate-cut expectations was amplified by Fed Chairman Jerome Powell’s...

2024-02-06 12:30:00 ET Summary The International Monetary Fund (IMF) upwardly revised its 2024 global growth forecast to 3.1% from 2.9%, largely because of a more resilient US economy and policy stimulus in China. New York Community Bank surprised markets by slashing its dividend ...

2024-02-06 10:45:00 ET Summary The FOMC weighed all the economic data and decided to make it clear they would most likely not cut interest rates in March. The Fed’s favorite inflation indicator, the core Personal Consumption Expenditure rate, has been under the Fed’s...

2024-02-06 09:12:00 ET Summary There were 5 Bank failures in 2023 with $548B in assets according to the FDIC – two of which sent the S&P to the lows for the year in March. China was expected to add to post-COVID reopening growth; however, the government cracked down on ...

2024-02-06 05:22:46 ET Hopes are building for a rescue of Chinese stocks after a drubbing that erased $7T from mainland equities and shares in Hong Hong since their peaks in 2021. An expected rebound from strict zero-COVID measures has failed to materialize, prompting policymakers to consid...

2024-02-06 03:18:55 ET Japan ( NKY:IND ) -0.53% . Average cash earnings in Japan increased by 1% year-on-year in December 2023, accelerating from a 0.2% gain in November but missing expectations for a 1.3% growth.... Read the full article on Seeking Alpha For f...

2024-02-06 02:05:00 ET Summary Average prices charged for goods and services rose globally at the slowest rate since October 2020, according to the January worldwide PMI surveys. Service sector price increases slowed, though some stickiness was observed for goods prices, the latte...

2024-02-06 01:30:00 ET Summary Investors experienced a shift in global risk sentiment during Q4, marked by lower inflation and the anticipation of an end to the rate hiking cycle. The prospect of lower interest rates and improved business sentiment has ignited expectations of expa...

2024-02-05 11:50:00 ET Summary We don’t see Q4 earnings challenging upbeat risk appetite even as we see 2024 earnings growth below the consensus. We're overweight U.S. stocks overall. U.S. stocks hit an all-time high last week as mostly solid tech earnings offset some disap...