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PGJ News and Press, Invesco Golden Dragon China ETF From 05/09/24

Stock Information

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

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PGJ - Asia-Pacific markets mixed after China's trade data and BOJ flags inflation risks, eyes on US key figures

2024-05-09 03:21:09 ET Japan ( NKY:IND ) -0.34% . Summary of the Bank of Japan's April policy meeting flagged upside risks to inflation and discussed scenarios that would warrant further interest rate hikes.... Read the full article on Seeking Alpha For further deta...

PGJ - Brad Simpson On Perception Vs. Reality In The Markets: Are Investors Right To Be Worried?

2024-05-08 15:55:00 ET Summary Why is market performance and market sentiment on a divergent path? Should investors be positioned for risk? Hard data vs soft data: How is the U.S. economy actually performing? While equities have had a positive performance yea...

PGJ - U.S. Extends Metals Protectionism

2024-05-08 04:00:00 ET Summary The Biden administration announced a new round of tariffs on imports of steel and aluminum from mainland China, including a more than three-fold increase in the Section 301 tariff rate for Chinese steel imports. A larger issue for the growth in Chine...

PGJ - Top 5 Takeaways From April 2024 As PMI Holds Above 50 For 3rd Month Running

2024-05-08 01:35:00 ET Summary At 50.3, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, remained above the 50.0 neutral mark. Despite the cooling in the rate of improvement, the latest data signal an ongoing steadying of the ...

PGJ - May 2024 Emerging Market Insights: China's Market Rebounds

2024-05-07 08:50:00 ET Summary Chinese equities have rebounded, reversing the negative returns recorded in the first quarter. Investor expectations for US interest rate cuts have reset. The Commodities Research Bureau Index of commodity prices rose 7.4% year-to-date through th...

PGJ - Asia-Pacific markets mixed as traders digest RBA decision, yen falls despite fresh warning

2024-05-07 04:20:10 ET Japan ( NKY:IND ) +1.57% . Japan Jibun Services PMI for April 2024: 54.3 vs. prior 54.1 ... Read the full article on Seeking Alpha For further details see: Asia-Pacific markets mixed as traders digest RBA decision, yen falls despite fresh w...

PGJ - IMF 2024 Spring Meetings Takeaways: Emerging Market Stars Shine Bright

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 ...

PGJ - Yen Slips, Yuan Jumps, Dollar Is Mostly Softer

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...

PGJ - Asia-Pacific markets higher, tracking gains in global markets after soft U.S. jobs report

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...

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...

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