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PGJ News and Press, Invesco Golden Dragon China ETF From 01/19/24

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Company Name: Invesco Golden Dragon China ETF
Stock Symbol: PGJ
Market: NASDAQ

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PGJ - China's Shanghai Composite plummets to a four-year trading low

2024-01-19 14:40:07 ET A handful of Chinese stocks and exchange traded funds have caught a topside bid on Friday afternoon even though the broader Chinese stock market fell to a new four-year trading low this week. The Chinese stock market continues to feel the downward pressure with ne...

PGJ - Asia-Pacific stocks mixed tracking negative global cues; Japanese shares rise amid easing inflation

2024-01-19 02:14:16 ET Japan's inflation rate continues to ease in December amid lower electricity and gas bills Japan's industrial output declines 0.9% in November; core machinery orders fall 4.9% China Q4 GDP grows less than expected at 5.2% amid weak spendin...

PGJ - Paving The Way For Non-U.S. Equity Outperformance

2024-01-18 23:00:00 ET Summary Non-U.S. equities, including EM equities, are likely beneficiaries of falling interest rates in the United States and the dollar weakening rather than strengthening. Global markets surpassed expectations in 2023. Growth equities rebounded during the ...

PGJ - Global Macro Outlook - First Quarter 2024

2024-01-18 04:08:00 ET Summary Growth ran hot for most of 2023; although it’s now slowing, GDP should remain positive for 2024. When combined, a soft economic landing and rate cuts would provide the best of both worlds for financial markets. Disinflation is further alon...

PGJ - Asia-Pacific stocks mixed taking cues from a weak lead on Wall Street

2024-01-18 03:06:38 ET Japan ( NKY:IND ) -0.03% . Japan's industrial output declines 0.9% in November; core machinery orders fall 4.9% . Investors also digested data showing capital spending in Japan declined in November as firms continued to grapple with soft domestic ...

PGJ - Emerging Markets - Brazil Ends The Year On A High Note

2024-01-18 00:00:00 ET Summary Emerging markets equities saw positive performance in 4Q 2023, driven by valuation re-rating and currency strength. Taiwan Region, India and South Korea boosted benchmark returns, while China underperformed. Brazil remains the Strategy’s l...

PGJ - 2024 CEO Outlook: Rates, Risks And The Fight For Market Share

2024-01-17 15:00:00 ET Summary The biggest surprise of the past two years has been a 500-plus basis point increase in interest rates without a recession. Pockets of traditional commercial real estate are facing significant uncertainty, particularly older office buildings, which ha...

PGJ - 3 Market Surprises Of 2023 And What We're Watching Entering 2024

2024-01-17 12:55:00 ET Summary Groundbreaking technological advancements, mega-pop stars being blamed for summertime inflation, and a December Fed pivot were just a few of the plot twists for 2023. US GDP growth sequentially accelerated all year and continually outpaced expectatio...

PGJ - Demographic shift: China's population shrinks for second straight year

2024-01-17 06:00:46 ET A historic shift continues to take place in China that is having impacts on both the domestic and global economy. According to the National Bureau of Statistics, the nation's total population fell by over 2M in 2023 to 1.41B, marking the second straight year of contra...

PGJ - Asia-Pacific stocks slide on weak China data, amid rising US treasury yields after hawkish Fedspeak

2024-01-17 02:32:19 ET Japan ( NKY:IND ) -0.40% . Markets now look ahead to domestic inflation data later this week for clues on the path for Bank of Japan monetary policy. China ( SHCOMP ) -1.98% . China Q4 GDP grows less than expected at 5.2% amid weak spen...

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