PGJ News and Press, Invesco Golden Dragon China ETF From 10/20/23

2023-10-20 23:45:00 ET Summary Now that Fed Chair Powell signaled that the FOMC will keep rates on hold at the next policy meeting, Wall Street will look to see how high growth will peak before the economy cools in Q4. The ECB is expected to leave interest rates unchanged next wee...

2023-10-20 20:30:00 ET Summary China has imposed export controls on graphite, a key material used in electric vehicle batteries, in the latest move to control the supply of critical raw materials. Citing national security concerns, Beijing said on Friday it will require special ex...

2023-10-20 02:40:04 ET Japan ( NKY:IND ) -0.40% . Japan's core inflation rate drops to a 13-month low at 2.8% . China ( SHCOMP ) -0.59% . China keeps benchmark lending rates unchanged as expected; injects record short-term cash . Meantime, the ...

2023-10-19 02:20:09 ET Japan ( NKY:IND ) -1.73% . Japan September exports +4.3% y/y (expected +3.1%) Imports -16.3% y/y (expected -12.9%). Japan’s 10-year government bond yield rose above 0.8%, hitting its highest levels in ten years and tracking a rally in glob...

2023-10-18 12:30:00 ET Summary The global outlook is being troubled by rising rates, oil prices and the U.S. dollar, resulting in investor risk aversion. Spiking bond yields are challenging the equity market’s soft landing assumption. With limited prospect of an upgrade to ...

2023-10-18 08:45:00 ET Summary China’s importance in the global economy has increased dramatically in recent decades, and it has been a particularly crucial driver of trade integration in Asia. De-risking strategies by China and the United States and other OECD countries th...

2023-10-18 07:05:13 ET More on Chinese tech stocks Alibaba: New Structure To Increase Shareholder Value Baidu: Underrated AI Stock With A Growth Catalyst JD.com: Expect Long-Term Economic Overhang To Continue Alibaba, Tencent join $300M funding round of Chine...

2023-10-18 05:35:00 ET Summary Years of aggressive monetary conditions have begun to bite, and global central banks appear near the end of their respective tightening cycles. Growth in Europe was weaker than the US, since households there had comparatively smaller savings to navig...

2023-10-18 03:10:48 ET Japan ( NKY:IND ) +0.01% . China ( SHCOMP ) -0.80% . China's Q3 GDP growth slows to 4.9%, beats estimates China Sep. Industrial Production 4.5% y/y (exp 4.3%) & Retail sales 5.5% y/y (exp 4.9%). China's surveyed ur...

2023-10-18 00:58:07 ET For further details see: China's Q3 GDP growth slows to 4.9% beating estimates