ZJPN News and Press, SPDR Solactive Japan ETF From 06/18/21

Japanese equities have long been overlooked by many global investors. The tide has begun to turn in 2021, but what will it take for Japanese value stocks to make a more sustained recovery? From a long-term perspective, macroeconomic trends should help release the pent-up energy of...

IHS Markit's PMI business surveys showed the economic recovery gaining momentum in May as output growth accelerated to the fastest for 15 years. Although growth of new orders accelerated globally in May to reach the highest since 2006, employment growth slowed marginally compared to A...

Last year's pandemic crisis U-trip took just 128 days - significantly less than the long-term average, despite a once-in-a-generation healthcare crisis. While the recovery speed has varied, the global economy is clearly on the mend. We believe that the next phase of the reopening/...

Like a lot of parts of the global economy, housing/wood/material each saw a drop in both supply and demand given last year’s recession. Once beyond the commodity-induced price effects, it becomes clear the economy is settling back into the same disinflationary circumstances or ...

First of all, we see a very strong rebound in economic activity this year for the reasons that we discussed earlier, vaccines, fiscal policy, monetary policy support. We think there will be a temporary surge in inflation over the next few months, but we also think that we will see mea...

Several research studies have found significant liquidity risk premium in inflation-linked markets, both in developed and emerging markets. After substantial QE, G7 central banks now hold a high proportion of outstanding government debt, reducing the "free-float" in government debt ma...

au Jibun Bank Japan Flash Japan Composite PMI falls to 48.1 in May from 51.0 in April. Services sector reports steeper contraction, hit by fresh COVID-19 restrictions. Manufacturing output continues to grow in May, but with strong input cost inflation. Hiring conditions improv...

In this note, we look at the several headwinds that appear to have contributed to the recent underperformance along with the positive factors underlying these markets. The most obvious headwind to Asian markets this year has been the correction in technology. Another potential hea...

Warren Buffett's Berkshire Hathaway made a surprising investment in five Japanese general trading firms, known as "sogo shosha." Japanese equities have had a strong stretch of performance since the end of August. Japan's recent challenges on the virus front have created opportunit...

Global manufacturing output growth hits 11-year high, but record supply delays lead to production constraints. Backlogs of work rise at steepest rate for 17 years. Input costs rise at fastest rate for decade, lead to record factory gate price increase. For further details se...