INCO News and Press, Columbia India Consumer From 06/10/23

2023-06-10 02:55:00 ET Summary China's economic reopening has been more modest and uneven than expected, with the manufacturing index falling for the second month and the non-manufacturing PMI slowing more than anticipated. The disappointing weakness in domestic consumption is a s...

2023-06-09 22:00:00 ET Summary The US Federal Reserve is expected to deliver a hawkish skip, but if inflation ends up being too hot, the Fed could opt to deliver a rate hike. The European Central Bank is expected to hike interest rates by another 25 basis points on Thursday, poten...

2023-06-07 00:31:00 ET Summary Emerging markets are gaining attention from foreign investors, with AI-driven chip demand and China's deposit rate cuts stimulating growth. The transition to a greener future presents significant investment opportunities in renewable energy, decarbon...

2023-06-02 20:30:00 ET Summary Oil prices are rallying ahead of the OPEC+ meeting this weekend, with traders potentially fearing another surge in prices. Economic data for the week will focus on the service sector, trade deficit, and jobless claims in the US, with the ISM services...

2023-05-26 21:00:00 ET Summary Treasury Secretary Yellen will soon provide an update on the X-date and that could show talks might have an extra week from the current June 1st deadline to get a deal done. The lira hit a record low against the dollar on Friday ahead of the vote, wi...

2023-05-22 22:00:00 ET Summary India essentially became the office of the world as corporations became more comfortable with work being performed outside of the office. We see fewer opportunities in branded sneakers and more opportunities in basic consumables. We believe these...

2023-05-21 09:39:07 ET Summary Within India, it may be worth considering a little-known ETF - The Columbia India Consumer ETF. INCO is well-poised to benefit from the growing clout of the Indian middle class. Valuations are inordinately high. "A consumer is a shopp...

2023-05-20 02:05:00 ET Summary Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. Wednesday is the main event as the Minutes could provide some hints that some policymakers are ready to pause tightening. Next week is bi...

2023-05-17 14:19:27 ET Summary The Columbia India Consumer ETF's winning run looks set to continue this year following the April/May rally. With the near-term setup improving post-earnings season and demographic tailwinds also boosting the long-term outlook, there remains a lot to...

2023-05-13 00:44:00 ET Summary Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, retail earnings, and bank stress. This week contains nine Fed appearances, with the highlights coming from Bostic on Monday, Goolsbee on Tuesday, while Fed Chair Powell p...