KTEC News and Press, Key Technology Inc. From 07/12/23

2023-07-12 21:25:00 ET Summary Emerging markets have been adopting new technologies, which solve existing challenges, raise productivity and reflect changing consumption patterns. During the first half of 2023, 72% of the gains and six out of the 10 largest contributors to the gai...

2023-07-12 08:30:00 ET Summary Stubborn core inflation remains the key concern for the Federal Reserve. Unfortunately, relatively strong wage growth exacerbates that concern. We would not be surprised to see more monetary stimulus and some targeted fiscal stimulus in China, which ...

2023-07-11 01:55:00 ET Summary The global economy continued to expand in June, according to the S&P Global PMI surveys, based on data provided by over 27,000 companies. The latest PMI indicates that the global economy has grown for five successive months, with this renewed exp...

2023-07-07 22:32:00 ET Summary The monthly core reading is expected to rise 0.3%, while the year-over-year reading softens to 5.0%. Better data seems to be appearing everywhere but the UK at the moment and BoE policymakers will be hoping the jobs data brings some overdue good news...

2023-07-07 09:00:00 ET Summary Putting the latest PMI data into perspective, the current readings suggest global consumer price inflation will continue to cool from the estimated 5.3% annual rate seen in May. The stickiness of inflation is stemming from the service sector. In ...

2023-07-07 04:00:00 ET Summary China’s services-led recovery is losing momentum. The root causes of the disappointing recovery look increasingly structural. Monetary and credit easing do not help much if credit demand is low. How policies and their efficacy play out...

2023-07-07 04:00:00 ET Summary The sluggish momentum has been visible across a wide range of macro indicators. We anticipated China’s growth momentum peaking in 1Q but have been surprised by the pace of moderation. Amid China’s growth struggles, we remain bearish...

2023-07-06 23:34:00 ET Summary China's recovery has been narrowly focused on consumer spending, and in particular on catering. But even that looks like it will moderate in the months ahead. The stimulus response so far has been modest, and will probably remain so. Further rate cut...

2023-07-06 04:34:00 ET Summary The China Iron and Steel Association statement asserts that the industry recently reached a critical turning point in terms of demand. The Chinese government continues to encourage mergers and production reductions to resolve the persistent issue of ...

2023-07-06 01:00:00 ET Summary 2023 so far has been characterized by volatility, both up and down. Markets have managed to remain positive in aggregate. Some of the reasons for this volatility are well known, starting with the domestic economic environment. Generally though, a...