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PGJ News and Press, Invesco Golden Dragon China ETF From 05/15/24

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

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PGJ - Asia-Pacific markets mixed as investors digested the US PPI data; eyes on US CPI report

2024-05-15 03:15:35 ET Japan ( NKY:IND ) +0.08% . China ( SHCOMP ) -0.66% . The People’s Bank of China kept its one-year medium term lending facility rate unchanged at 2.5% during its May fixing, as widely expected.... Read the full article on Seeking A...

PGJ - Update On Fiscal Policy - The 'Other' Policy To Watch

2024-05-14 10:10:00 ET Summary Demographic trends are elevating entitlement spending, and higher spending on infrastructure and other pandemic-era priorities has kept overall government outlays above pre-pandemic levels. Incremental deficit change is what influences growth rates, ...

PGJ - Asia-Pacific markets mixed as cautious investors globally await US inflation reports

2024-05-14 03:36:39 ET Japan ( NKY:IND ) +0.46%. Producer prices in Japan increased by 0.9% y/y in April 2024, holding steady for the second straight month and matching market consensus. ... Read the full article on Seeking Alpha For further details see: A...

PGJ - Global Trade Revives Amid Renewal Of Worldwide Goods Exports

2024-05-14 03:20:00 ET Summary The worldwide PMI surveys compiled by S&P Global Market Intelligence indicated that global trade expanded at the start of the second quarter of 2024. The seasonally adjusted Global PMI New Export Orders Index posted 50.6 in April, up from 49.8 in...

PGJ - The Fed Should Cut Rates Before A Credit Crisis Forces Their Hand

2024-05-14 00:55:00 ET Summary Minneapolis Fed President Neel Kashkari issued an essay saying that the recent inflation data raise questions about whether their monetary policy is restrictive enough to fully return price growth to the central bank’s 2% target rate. Kashkari...

PGJ - Are trade wars easy to win? Biden set to hike tariffs on Chinese EVs and solar

2024-05-13 06:23:19 ET The war for global economic power is set to take another turn this week as the U.S. looks to shield domestic industries and workers from foreign competition. It's a notable development for President Biden, who has kept in place all of the Trump administration's steep ...

PGJ - Asia-Pacific markets mixed as traders react to China's hotter-than-expected inflation data

2024-05-13 03:20:04 ET Japan ( NKY:IND ) -0.13% . The Japanese yen eased toward 156 per dollar, remaining under pressure as investors look ahead to Japan’s first-quarter gross domestic product report this week.... Read the full article on Seeking Alpha For fu...

PGJ - Weekly Commentary: Citadel Vs. Jane Street

2024-05-11 05:55:04 ET Summary Financial conditions work with a leg and it appears that the loose conditions transmitted from US to the world are increasingly showing up in economic data. Markets expect modest improvement in year-over-year inflation readings in next Wednesday's Ap...

PGJ - Emerging Markets New Business Expands At Fastest Pace In Nearly A Year

2024-05-10 09:30:00 ET Summary Emerging market economic growth was sustained at a solid rate at the start of the second quarter of 2024. Cost pressures intensified for emerging market firms as average input prices rose at a faster rate. Of the four major emerging market econom...

PGJ - Asia-Pacific markets mixed tracking gains on Wall Street;; Hong Kong stocks hit 8-month high

2024-05-10 04:12:40 ET Japan ( NKY:IND ) +0.41%. The gauge for Japan’s service sector unexpectedly was down to 47.4 in April 2024 from 49.8 in the previous month, missing market consensus of 50.4.... Read the full article on Seeking Alpha For further details...

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