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PGJ News and Press, Invesco Golden Dragon China ETF From 06/04/24

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

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PGJ - Dollar Recovers From Yesterday's Slide, But Slumps Against The Yen

2024-06-04 07:45:00 ET Summary The dollar's losses scored after yesterday's disappointing ISM manufacturing report was extended initially in Asia Pacific turnover earlier today before it recovered. Indian stocks are giving back yesterday's gains plus today, sliding more than 5%. ...

PGJ - Asia-Pacific markets mostly higher as investors cheer upbeat China's manufacturing PMI data

2024-06-03 04:19:13 ET Asia-Pacific equity markets were mostly higher on Monday as investors welcomed positive economic indicators from China. ... Read the full article on Seeking Alpha For further details see: Asia-Pacific markets mostly higher as investors cheer ...

PGJ - Weekly Commentary: Thesis Corroboration

2024-06-01 05:55:46 ET Summary Markets for the most part corroborated the "higher for longer" and rising global yields thesis. The Nasdaq 100 declined 0.7% Wednesday in bearish trading action, as the Semiconductors slumped 1.9%. The yen has ominously little to show for the mon...

PGJ - China's May PMI Disappointed As Manufacturing Fell Back Into Contraction

2024-05-31 06:52:00 ET Summary Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning signal for the upcoming industrial production data...

PGJ - Asia-Pacific markets mixed on disappointing China's PMI data; eyes on U.S. PCE inflation data

2024-05-31 03:53:30 ET Asia-Pacific equity markets mixed on Friday, as investors assessed a raft of economic reports in Asia, headlined by weaker-than-expected Chinese PMI figures for May.... Read the full article on Seeking Alpha For further details see: Asia-Pacific m...

PGJ - Thinking Hard About The China Overproduction Narrative

2024-05-30 08:10:00 ET Summary Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state coordination with market forces. T...

PGJ - Asia-Pacific markets in red tracking Wall Street losses amid jump in US Treasury yields

2024-05-30 03:45:20 ET Asia-Pacific equity markets in red on Thursday, taking cues from a weak lead on Wall Street as surging global bond yields pressured equity markets.... Read the full article on Seeking Alpha For further details see: Asia-Pacific markets in red trac...

PGJ - Asia-Pacific markets mostly lower tracking losses in global peers amid surging bond yields

2024-05-29 04:11:17 ET Asia-Pacific equity markets mostly lower on Wednesday as surging global bond yields and hawkish signals from the US Federal Reserve weighed on risk assets.... Read the full article on Seeking Alpha For further details see: Asia-Pacific markets mos...

PGJ - China's Overcapacity Debate And How To Avoid A Collision Course

2024-05-28 08:30:00 ET Summary The overcapacity debate is not really about overcapacity in its most precise term, but rather what we call “problematic overcapacity”. We expect it will be difficult to avoid friction given the rise of protectionism, heightened geopolit...

PGJ - Asia-Pacific markets mixed after remarks by ECB policymaker, Australia retail sales rise

2024-05-28 02:59:26 ET Asia-Pacific equity markets mostly lower on Tuesday after European Central Bank officials signaled they could start cutting interest rates next week. Investors also reacted to data showing Australian retail sales rose less than expected in April amid cautiou...

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