PGJ News and Press, Invesco Golden Dragon China ETF From 05/06/24

2024-05-06 09:35:00 ET Summary The IMF upgraded US growth forecasts for 2024 by +0.6% of GDP, and Chinese PMIs are back to expansion. There aren’t any bad EM stories right now, with almost all of the typical problem cases in EM making meaningful policy adjustments. The ...

2024-05-06 08:00:00 ET Summary The dollar is mostly a little softer today in thin market conditions, with Tokyo, Seoul, and London closed for holidays. Equities are off to a constructive start this week after the strong US rally before the weekend. Most markets in the region a...

2024-05-06 02:53:06 ET Japan ( NKY:IND ) market closed. China ( SHCOMP ) +0.97%. China's services growth remains solid at 52.5 in April amid improved demand conditions .... Read the full article on Seeking Alpha For further details see: Asia-Pacific mark...

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...

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%, ...

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...

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...

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...

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...

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...