EWA News and Press, iShares MSCI Australia Index Fund From 09/28/23

2023-09-28 01:54:10 ET Australian retail spending grew by 0.2% mom in August 2023, less than expected in August compared with market estimates of 0.3% and after a final 0.5% growth in the prior month, preliminary data showed. The rise highlighted that consumers continued re...

2023-09-27 05:01:00 ET Summary We believe a mild U.S. recession is more likely than not in 2024, although a soft-landing scenario cannot be ruled out. A recession is also likely in the UK and eurozone, but appears less likely in Australia. Equities may remain supported by soft-lan...

2023-09-26 23:45:00 ET Summary While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August inflation figures were bang in line with expectations. ...

2023-09-21 23:29:41 ET More on Australia Reserve Bank of Australia maintains rate at 4.1%, PMI ticks lower For further details see: Australia's manufacturing PMI falls to 48.2, lowest in four months

2023-09-14 04:08:00 ET Summary Although most of the jobs created this month were part-time, these have a habit of turning into full-time jobs, with all that this implies for higher spending power and other benefits. This pushes the pendulum back a little in favour of some further ...

2023-09-14 01:10:20 ET Australia's seasonally adjusted unemployment stood at 3.7% in August 2023, unchanged from July's three-month high and matching the market forecast. The number of unemployed individuals fell by 2.6 thousand to 540.5 thousand. At the same time, employment surg...

2023-09-12 10:25:00 ET Summary Markets have been quick to react to individual data points without taking a step back to look at the bigger picture for the US, which is one of economic slowing and disinflation. The Bank of Canada erred on the side of caution and enacted another pau...

2023-09-07 05:00:00 ET Summary Global economic growth slowed for a third consecutive month in August, with falling factory output and weakened service sector growth. Developed world output contracted for the first time since January, indicating the intensifying drag on growth from...

2023-09-06 02:40:00 ET Summary 2Q23 GDP was stronger than expected, and revisions to past data also show the economy has slowed less than was previously assumed. The quarter-on-quarter growth was also a bit stronger at 0.4% (ING f 0.2%), but it was revisions to the back data that ...

2023-09-06 01:04:35 ET The Australian economy expanded 0.4% q/q in Q2 of 2023, the same pace as an upwardly revised figure in Q1 but above market forecasts of a 0.3% growth, marking the seventh straight period of economic growth, amid positive contribution from net trade as exports rose...