KWEB News and Press, KraneShares Trust CSI China Internet From 06/11/24

2024-06-11 07:30:00 ET Summary The US dollar is firm against all the G10 currencies, except for sterling. Most emerging market currencies are lower, including the Mexican peso, which has become unhinged amid heightened political uncertainty. European bonds, especially French b...

2024-06-11 03:18:15 ET Asia-Pacific equity markets were mixed as investors are looking to the U.S. Federal Reserve’s decision on Wednesday, which will come after the May inflation report is released the same day.... Read the full article on Seeking Alpha For further ...

2024-06-10 03:36:24 ET Asian equity markets were higher on Monday in thin holiday trade as caution dominated sentiment ahead of the latest Federal Reserve interest rate decision and a key US inflation reading this week.... Read the full article on Seeking Alpha Fo...

2024-06-08 14:30:00 ET Summary Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular. The increased aggressiveness of policy support has...

2024-06-08 12:05:36 ET Summary China risk has been compensated for with a cheap valuation of 0.6x PEG in the YE24-25 period. Consensus earnings revision point to 25% EPS growth. Consensus price targets indicate 30% upside potential. The economy seems to have bottomed as ha...

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...

2024-06-07 07:50:35 ET Summary The dollar is little changed against the major currencies ahead of the US jobs report. The odds of two Fed cuts this year are now near 90%, double a week ago. US index futures are little changed now and are up 2.0%-2.5% this week. Ove...

2024-06-07 03:36:42 ET Asia-Pacific equity markets were mixed as investors looked at economic data from China and digested Japan's household spending numbers on Friday, while markets also assessed the European Central Bank's rate cut .... Read the full article on Seeking Alpha ...

2024-06-06 14:20:00 ET Summary China’s post-COVID recovery has been plagued by deflationary pressures and short-lived expectations. China’s property market rescue package is focused more on risk management than engineering another property boom. The rescue packag...

2024-06-06 07:35:00 ET Summary The dollar is mostly softer today, ahead of tomorrow's employment report. We suspect ECB officials will try to deliver a hawkish cut, by which we mean, framing the move to avoid the market driving down interest rates. The euro is in the upper end...