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PGJ News and Press, Invesco Golden Dragon China ETF From 05/04/24

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

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PGJ - Weekly Commentary: Instability

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

PGJ - May 2024 Perspective

2024-05-03 12:35:00 ET Summary If April showers bring May flowers, then perhaps investors can rejoice that April is over and look forward to better times in May. US equities struggled last month, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all falling by 4.16%, ...

PGJ - Asia-Pacific markets mixed ahead of US payrolls data, yen extends gains

2024-05-03 02:51:56 ET Japan ( NKY:IND ) market closed. The Japanese yen strengthened to around 153 per dollar on Friday and was set to gain more than 3% this week, driven by a suspected intervention from Japanese authorities on at least two instances starting on Monday.... Re...

PGJ - Asia-Pacific markets mixed as traders react to Fed decision, focus on more corporate earnings

2024-05-02 03:08:12 ET Japan ( NKY:IND ) -0.10% . The consumer confidence index in Japan declined to 38.3 in April 2024 from 39.5 in the previous month, which was the highest reading since April 2019, and below market forecasts of 39.7.... Read the full article on Seeking...

PGJ - Asia markets lower in thin holiday trade, tracking sharp selloff on Wall Street; eyes on Fed decision

2024-05-01 04:00:44 ET Japan ( NKY:IND ) -0.34% . The Japanese yen depreciated to 158 per dollar on Wednesday, reversing gains from Monday's sharp rebound due to suspected government intervention, with money market data suggesting the finance ministry spent around $35 billion dollar...

PGJ - China's April Manufacturing PMI Moderated To 50.4 But Still Points To Expansion For A Second Consecutive Month

2024-04-30 06:45:00 ET Summary The manufacturing PMI came in broadly in line with our expectations, and new orders remaining in expansion is a positive sign for further industrial activity recovery. Employment was little changed but remained in contraction for the 14th consecutive...

PGJ - Asia markets mostly rise tracking positive lead on Wall Street; traders digest China's PMI data for April

2024-04-30 03:46:32 ET Japan ( NKY:IND ) +1.24% . Japan’s March industrial production rises more than expected, retail sales growth slows .... Read the full article on Seeking Alpha For further details see: Asia markets mostly rise tracking positive lead o...

PGJ - Asia markets rise, Japanese yen strengthens on suspected intervention, eyes on Fed meeting

2024-04-29 02:46:23 ET Japan ( NKY:IND ) market closed. The Japanese yen rebounded as much as 2% toward 155 per dollar on Monday after sinking to as low as 160.2 earlier in the session, in what markets regarded as a possible government intervention as Japanese banks have been repor...

PGJ - Asia markets mixed as BOJ holds rates; focus on US PCE inflation data

2024-04-26 04:18:13 ET Japan ( NKY:IND ) +0.81% . Japan's yen hits the weakest level in three decades as BOJ keeps interest rate unchanged, as expected .... Read the full article on Seeking Alpha For further details see: Asia markets mixed as BOJ holds rates; foc...

PGJ - Why The Market Rally May Still Have Room To Run, Even If Tech Stocks Falter

2024-04-25 08:00:00 ET Summary As the Magnificent Seven falter, what could that mean for broader markets? As the rally in tech stocks run its course? Why the U.S. and Canada are on different paths when it comes to rates. ... Read the full article on Seeking...

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