RAYC News and Press, Rayliant Quantamental China Equity ETF

2024-06-29 10:57:33 ET Summary China critics believe Chinese stocks are uninvestable due to a myriad of economic and geopolitical issues. The Chinese stock market being down more than -60% shows many investors believe the same. Despite its many challenges, Chinese stocks may s...

2024-06-26 13:40:00 ET Summary China's stock market has been mired in a long and steady downtrend for several years. In February, there was a brief respite from the selling as the Shanghai Composite bounced just over 20% through May, the rally was capped at the knees with a 7.6% d...

2024-06-24 08:20:00 ET Summary Ten-year Treasury yields traded this week at the lowest level since March. The market closed Friday pricing a 4.85% policy rate at the Fed’s December meeting, implying two rate cuts (48 bps). For the Week:The S&P 500 added 0.6% (up 14....

2024-06-23 12:30:00 ET Summary While the Bank of Canada and the European Central Bank cut interest rates in June, the Federal Reserve decided to keep rates steady. While the European Union is in the throes of political uncertainty, the UK appears to have significant political cert...

2024-06-17 12:10:00 ET Summary The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and the start of rate cuts in other central banks such...

2024-06-11 07:30:00 ET Summary The US dollar is firm against all the G10 currencies, except for sterling. Most emerging market currencies are lower, including the Mexican peso, which has become unhinged amid heightened political uncertainty. European bonds, especially French b...

2024-06-08 14:30:00 ET Summary Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular. The increased aggressiveness of policy support has...

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...

2024-06-06 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...