PGJ News and Press, Invesco Golden Dragon China ETF From 06/08/24

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...

2024-06-07 07:50:35 ET Summary The dollar is little changed against the major currencies ahead of the US jobs report. The odds of two Fed cuts this year are now near 90%, double a week ago. US index futures are little changed now and are up 2.0%-2.5% this week. Ove...

2024-06-07 03:36:42 ET Asia-Pacific equity markets were mixed as investors looked at economic data from China and digested Japan's household spending numbers on Friday, while markets also assessed the European Central Bank's rate cut .... Read the full article on Seeking Alpha ...

2024-06-06 14:20:00 ET Summary China’s post-COVID recovery has been plagued by deflationary pressures and short-lived expectations. China’s property market rescue package is focused more on risk management than engineering another property boom. The rescue packag...

2024-06-06 07:35:00 ET Summary The dollar is mostly softer today, ahead of tomorrow's employment report. We suspect ECB officials will try to deliver a hawkish cut, by which we mean, framing the move to avoid the market driving down interest rates. The euro is in the upper end...

2024-06-06 06:40:00 ET Summary Average prices charged for goods and services rose worldwide at a slightly increased rate in May, reflecting persistently elevated services price increases combined with accelerating price growth in manufacturing. Worldwide PMI survey data compiled b...

2024-06-06 03:35:58 ET Asia-Pacific equity markets were mixed amid BOJ board member Toyoaki Nakamura's remarks; equities also benefited from falling Treasury yields amid signs of a cooling labor market in the US; and investors prepared for an expected rate cut from the European Central Bank...

2024-06-05 09:40:00 ET Summary At 50.9, the Global Manufacturing PMI recorded above 50.0 neutral mark for a fourth straight month in April. The latest data signalled an ongoing steady improvement of the global manufacturing economy so far in 2024 after almost one and a half years ...

2024-06-05 03:42:05 ET Asia-Pacific equity markets were mixed on Wednesday amid US labor market cooling, traders also accessed Australia's economy growth less than expected, and China's May services activity expansion at the fastest pace in ten months.... Read the full article on...

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%. ...