PGJ News and Press, Invesco Golden Dragon China ETF

2024-07-03 07:15:00 ET Summary The US dollar has strengthened notably in 2024 with the shift in market expectations to higher US rates for longer. EMs’ buildup of official reserves and the evolution of EM debt to far higher issuance in local currencies are structural factor...

2024-07-03 03:27:26 ET Asia-Pacific equity markets mostly rose on Wednesday, tracking gains on Wall Street overnight, as major US technology stocks pushed the S&P 500 and Nasdaq Composite to new record closes.... Read the full article on Seeking Alpha For further detail...

2024-07-03 03:20:00 ET Summary Emerging market equities are still struggling, but weak investor sentiment may be creating a favorable backdrop for stock pickers. Global enthusiasm for artificial intelligence has not passed over EM countries. In fact, many EM companies manufacture ...

2024-07-03 01:51:49 ET The Caixin China General Services PMI declined to 51.2 in June 2024 from May’s 10-month high of 54.0, below forecasts of 53.4, expanded for the eighteenth consecutive month, although at its softest pace in eight months, as new orders and export order growt...

2024-07-03 00:25:00 ET Summary At 50.9 in June, the Global Manufacturing PMI, sponsored by J.P. Morgan and compiled by S&P Global Market Intelligence, recorded above the 50.0 neutral mark for a fifth successive month. Down from 51.0 in May, the latest data signalled a marginal...

2024-07-02 03:33:23 ET Asia-Pacific equity markets were mostly higher on Tuesday after the major market averages finished the first trading day of H2 higher; minutes of the RBA's June policy meeting revealed that if "inflation expectations" change, it is ready to raise rates.... Read ...

2024-07-01 04:46:27 ET Asia-Pacific equity markets started the second half of the year on a positive note as investors digested the mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturing firms improved to a two-year-high in Q2 amid an improving econom...

2024-07-01 02:46:17 ET The official NBS Manufacturing PMI in China shows the manufacturing activity remained in contraction for the second straight month, signaling the need for additional stimulus measures as China strives to regain economic stability. Meanwhile, the service...

2024-07-01 01:49:08 ET The Caixin China General Manufacturing PMI in June reached its highest level in over three years, slightly above market expectations to 51.8 in June 2024 from 51.7 in May, beating market forecasts of 51.2, as output growth hit a 2-year peak while new order...

2024-06-29 10:57:33 ET Summary China critics believe Chinese stocks are uninvestable due to a myriad of economic and geopolitical issues. The Chinese stock market being down more than -60% shows many investors believe the same. Despite its many challenges, Chinese stocks may s...