GXC News and Press, SPDR S&P China From 03/27/24

2024-03-27 09:15:00 ET Summary China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive. We think the country's in a necessary transition rather than in any long-term decline. U...

2024-03-27 05:20:00 ET Summary China's industrial profits reached a 25-month high of 10.2% YoY YTD in the first two months of 2024. Combined with earlier industrial production data, we see positive signs for industrials having bottomed out. If the recovery of manufacturing con...

2024-03-27 03:18:33 ET Japan ( NKY:IND ) +0.90 %. The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.... Read th...

2024-03-27 02:47:38 ET Profits earned by Chinese industrial firms increased by 10.2% year on year to CNY 914.06 billion in the first two months of the year, following a 2.3% profit decline for the whole of 2023. The latest data suggests China's economic recovery gained steam at t...

2024-03-26 03:46:50 ET Japan ( NKY:IND ) -0.04% . Markets now look ahead to a raft of economic reports in Japan later this week, including unemployment, retail sales, and industrial production figures. ... Read the full article on Seeking Alpha For further deta...

2024-03-26 02:00:00 ET Summary Geopolitical tensions in recent years have prompted companies to reconfigure their supply chains, with US firms increasingly moving production outside of China. Yet even as countries such as Mexico and Vietnam become more prominent in global manufact...

2024-03-25 03:00:04 ET Japan ( NKY:IND ) -1.00% . The Japanese yen steadied around 151.2 per dollar, halting a sharp decline amid fears that authorities could intervene again in the currency markets.... Read the full article on Seeking Alpha For further details...

2024-03-23 05:59:45 ET Summary It's a challenge to have confidence that Powell and the Fed have a sound understanding of the nature of second round inflation effects. With market exuberance running sky-high, it's not the optimal environment for reinforcing the notion of a Fed cock...

2024-03-23 03:00:00 ET Summary In the ever-evolving tapestry of geopolitics and economics, the Asia-Pacific region stands at a pivotal juncture. Wei Li, Global Chief Investment Strategist for BlackRock, discusses the intricacies of high inflation, emerging competing geopolitical b...

2024-03-22 04:30:00 ET Summary Over the last several years, the Chinese economy has faced self-induced headwinds like monetary and fiscal tightening, a strict regulatory environment, etc. Today, the Chinese economy remains weak, and consumers have shown a tremendous reluctance to ...