PGJ News and Press, Invesco Golden Dragon China ETF From 01/12/24

2024-01-12 12:27:52 ET Summary Chinese mainland blue chips had another torrid year in 2023. Yields are up, but valuations are not that cheap; nor has the macro backdrop improved. A-share vehicles like ASHR might still have more room to correct before we hit bottom. N...

2024-01-12 01:59:59 ET Japan ( NKY:IND ) +1.50% . Japan's current account surplus expands in November 2023 . China ( SHCOMP ) +0.01% . China’s economy remains deflationary as consumer prices fall for third straight month in December . China trad...

2024-01-12 00:55:44 ET China's trade surplus increased to $75.34 billion in December 2023 from $70.65 billion in the same period the previous year, surpassing market forecasts of $74.75 billion, marking the largest trade surplus in three months, as exports grew more than imports, data from ...

2024-01-12 00:37:46 ET China’s economy remained deflationary in December, with consumer and producer prices falling 0.3% and 2.7% , respectively, while factory-gate prices extended their slide, National Bureau of Statistics of China data on Thursday showed. China...

2024-01-11 03:41:00 ET Summary Economic growth is now cooling as global monetary tightening gradually takes its toll. Most central bankers have now adopted a more dovish stance, and rate cuts are likely in 2024. Rate cuts failing to materialize may drive extended U.S. Treasury...

2024-01-11 02:26:58 ET Japan ( NKY:IND ) +1.77% . The Nikkei 225 Index jumped 1.77% to close at 35,049 while the broader Topix Index rallied 1.57% to 2,483 on Thursday, scaling their highest levels in nearly 34 years as a weakening yen boosted the outlook on Japan’s...

2024-01-09 22:45:00 ET Summary Emerging markets (EMs) have regained their footing in 2023, but the recovery from October 2022 lows has been anything but uniform across individual markets. As a new EM cycle unfolds, we expect that the heterogeneous dynamics and secular themes that ...

2024-01-09 03:30:00 ET Summary The basic materials sector continued to record the sharpest downturn in goods trade according to more detailed sub-sector data. Measured across both goods and services, trade deteriorated across all the top 10 economies with the exception of India. ...

2024-01-09 02:06:30 ET Japan ( NKY:IND ) +1.16% Tokyo headline CPI for December 2.4% y/y (prior 2.6%) . China ( SHCOMP ) +0.28% . China 10 Year Government Bond Yield decreased to a 3-year low of 2.53%. Investors also look forward to Chinese trade and in...

2024-01-08 21:20:00 ET Summary Drivers for emerging markets in 2024 include a potential recovery in earnings growth, the likelihood of a US soft landing, and evidence that interest rates have peaked. In 2024, more than four billion people will take part in elections, starting with...