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GXC News and Press, SPDR S&P China From 04/16/24

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

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GXC - China's First Quarter 2024 GDP Beat Forecasts As Investment Picks Up

2024-04-16 10:00:00 ET Summary China’s first-quarter 2024 GDP growth came in stronger than expected despite misses in retail sales and industrial production data as growth drivers shifted back toward investment. Investment was the key to 1Q24 GDP's outperformance, while las...

GXC - Asia markets in red tracking global stock selloff and despite strong GDP growth in China

2024-04-16 03:07:16 ET Japan ( NKY:IND ) -1.94% . China ( SHCOMP ) -1.32% . China's Q1 GDP expands 5.3% Y/Y, beats expectations China: March Industrial output +4.5%y/y (expected +5.4%) Retail sales +3.1% (4.5% exp) .... Read the full article on Seeking ...

GXC - China's Q1 GDP expands 5.3% Y/Y, beats expectations

2024-04-16 01:20:20 ET China’s economy expanded 5.3% in the first quarter from a year ago, higher than the 5.2% seen in the previous quarter and beating expectations for a 5% growth, lifted by continued support measures from Beijing while a Lunar New Year festival also helped buo...

GXC - PBOC keeps one-year medium-term lending facility rate steady at 2.5% to aid economic recovery

2024-04-15 04:18:04 ET People’s Bank of China kept the rate on CNY 100 billion worth of one-year policy loans to some financial institutions, known as the medium-term lending facility rate at 2.5% during its April fixing, as widely expected. With CNY 170 billion...

GXC - Asia markets in red as tensions in the Middle East mounted after Iran attacked Israel

2024-04-15 02:29:18 ET Investors watched for developments in the Middle East following Iran’s retaliatory strikes on Israel over the weekend that markets fear could prompt a response from the Israel government. Iran launched a large-scale drone and missile attack on military targets ...

GXC - Weekly Commentary: Trouble Brewing In Financial Asset Wonderland

2024-04-13 06:56:17 ET Summary Bubbles can inflate for a long time, sustained by loose financial conditions and government rescues. Bubbles eventually burst - and they have this innate diabolical propensity to somehow catch the over-exposed masses by surprise, causing the greatest...

GXC - Global Market Perspectives Q2 2024: What's Not To Like?

2024-04-12 08:05:00 ET Summary U.S. growth is downshifting somewhat as lower income households pull back, and corporates face higher refinancing costs. However, with most other global economies still struggling, the U.S. will remain the strongest global performer. After having mad...

GXC - China's trade surplus smaller than expected as exports drop more than imports

2024-04-12 03:21:58 ET Read the full article on Seeking Alpha For further details see: China's trade surplus smaller than expected as exports drop more than imports

GXC - Asia markets mixed ahead of trade data in China and bank earnings

2024-04-12 02:50:17 ET Japan ( NKY:IND ) +0.21%. Japan's industrial output falls more than initially anticipated to 0.6% in February ... Read the full article on Seeking Alpha For further details see: Asia markets mixed ahead of trade data in China and bank earn...

GXC - Asia markets mostly negative after U.S. inflation hotter than expected, China CPI slows

2024-04-11 02:31:48 ET More on Asia EWJ: Why Nikkei's New Highs Will Endure What about the balance sheet? BOJ discusses after exiting NIRP Japan's central bank hikes interest rate after 17 years, scraps yield curve control Read the full article on Seeking A...

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