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PGJ News and Press, Invesco Golden Dragon China ETF From 03/18/24

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

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PGJ - China's Jan-Feb retail sales rose 5.5%, industrial production up 7.0% exceeds forecasts

2024-03-18 02:04:46 ET China's retail sales increased by 5.5% year-on-year in January–February 2024 combined, topping the market consensus of 5.2% and coming after a 7.4% rise in December. It was the 13th straight month of growth in retail trade.... Read the full article on See...

PGJ - Global PMI Signals Faster Economic Growth Amid Steady Price Gains

2024-03-16 06:40:00 ET Summary S&P Global's PMI surveys indicated that the global economy gained further growth momentum in February. Business activity in the developed world rose at the fastest rate for eight months, increasing for a second month after five months of decline....

PGJ - Weekly Commentary: Failed

2024-03-16 05:58:43 ET Summary Rising consumer prices will invariably upset the public, business community, politicians, and central bankers. Asset inflation is universally relished, viewed generally as validation of sound underlying fundamentals. Japan's deep structural issue...

PGJ - China Housing Prices Continued To Slump In February

2024-03-15 05:42:00 ET Summary The NBS published its 70-city housing prices data, which showed primary and secondary market prices declining for the 9th and 10th consecutive months, respectively. Average primary market prices dropped -0.36% MoM and average secondary market prices ...

PGJ - PBOC Held Rates Steady In March

2024-03-15 05:05:00 ET Summary The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China before global central banks start to cut rates. Th...

PGJ - Clouds Clearing In The Land Of The Rising Sun

2024-03-15 03:10:00 ET Summary We expect real wage growth as inflation normalizes and wages catch up. Companies that do not develop a plan to improve capital efficiency and promote investment will be named and could be delisted. Japan hopes to turn the trillions of yen held in...

PGJ - Asian markets mostly fall mirroring weak global sentiment after hot U.S. inflation report

2024-03-15 02:54:49 ET Japan ( NKY:IND ) -0.27% . The index hits its lowest levels in a week amid lingering uncertainty over Bank of Japan monetary policy ahead of its meeting next week.... Read the full article on Seeking Alpha For further details see: Asi...

PGJ - China's new home prices drop by 1.4% Y/Y in February

2024-03-15 02:12:19 ET Read the full article on Seeking Alpha For further details see: China's new home prices drop by 1.4% Y/Y in February

PGJ - China responds to TikTok ban: 'This will inevitably backfire on the U.S.'

2024-03-14 07:09:59 ET China has responded to the new U.S. House bill passed against TikTok, and it doesn't look like it's going to make the U.S.-Sino relationship any better. While the measure still has to wind its way through the Senate, it would essentially ban the platform for all A...

PGJ - Asian markets mixed mirroring weak global sentiment, Nikkei index snaps three-day decline

2024-03-14 02:43:12 ET Japan ( NKY:IND ) +0.29% . The index rose, reversing losses from earlier in the session and breaking three consecutive days of losses.... Read the full article on Seeking Alpha For further details see: Asian markets mixed mirroring we...

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