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2023-11-03 22:45:00 ET Summary A surprising mid-year budget revision from policymakers in China was recently approved, widening the budget deficit from 3.0% to 3.8%. This occurrence is unusual, as previous revisions mostly resulted from major economic events like earthquakes and f...
2023-11-03 03:35:00 ET Summary Manufacturers worldwide charged more for their goods on average for a third successive month in October, according to the latest PMI surveys compiled by S&P Global and sponsored by JPMorgan. Labour market effect has moderated considerably in rece...
2023-11-03 02:22:00 ET Summary Divergent global growth and the implications for investors. U.S. interest rates: Higher for longer than originally thought? Outlook for investors in an era of uncertainty. Even as the U.S. economy shows its resilience, other global ec...
2023-10-31 14:50:00 ET Summary Purchasing Managers' Indexes painted a weaker picture for manufacturing in Japan, the eurozone and the UK. The 10-year US Treasury yield continued its roller coaster ride as a wide range of factors contributed to big swings in this key data point. ...
2023-10-31 13:59:00 ET Summary PMI data for October showed momentum in China's economy waned following recent improvements in hard activity data. By industry type, most manufacturing sectors experienced a slowdown in growth in October, though for companies that are heavy consumers...
2023-10-28 07:45:00 ET Summary Global growth outlook is mediocre, with only the US and China showing exceptionalism. Global inflation is falling, with US inflation not expected to reach the Fed's target rate until 2025. Rising US real yields are attracting global capital and i...
2023-10-27 00:52:00 ET Summary The expectation that interest rates will remain at high levels for longer than anticipated is leading equity managers across the globe to favor companies with strong balance sheets. Conversely, managers are more cautious on companies reliant on loans or ...
2023-10-24 22:40:00 ET Summary Market leadership began to broaden throughout the third quarter relative to the narrowly led performance we experienced in the first half of the year. Relative outperformance was driven by inexpensive and cyclical sectors such as energy, autos, finan...
EXCHANGE TRADED CONCEPTS, LLC., ANNOUNCES COMPLETION OF FUND REORGANIZATION PR Newswire OKLAHOMA CITY , Oct. 23, 2023 /PRNewswire/ -- Exchange Traded Concepts, LLC, adviser to the Range Cancer Therapeutics ETF ( CNCR ) and the Loncar China BioPharma ETF ( C...
2023-10-21 02:40:00 ET Summary The post-pandemic recovery is being tested by gathering global storm clouds. China’s economic story has disappointed as the property sector weighs heavily on consumption. Europe is heading for stagnation, weakened by China’s economic st...
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EXCHANGE TRADED CONCEPTS, LLC., ANNOUNCES COMPLETION OF FUND REORGANIZATION PR Newswire OKLAHOMA CITY , Oct. 23, 2023 /PRNewswire/ -- Exchange Traded Concepts, LLC, adviser to the Range Cancer Therapeutics ETF ( CNCR ) and the Loncar China BioPharma ETF ( C...
In line with anniversary, CHNA ETF completes its semi-annual rebalance The Loncar China BioPharma ETF (Nasdaq: CHNA) today celebrates one year of trading on the Nasdaq in the United States. The fund gives investors exposure to 29 companies at the heart of China’s biopharmaceut...