EWA News and Press, iShares MSCI Australia Index Fund From 05/11/24

2024-05-11 05:55:04 ET Summary Financial conditions work with a leg and it appears that the loose conditions transmitted from US to the world are increasingly showing up in economic data. Markets expect modest improvement in year-over-year inflation readings in next Wednesday's Ap...

2024-05-08 12:30:00 ET Summary Dovish remarks from the Federal Reserve and a cooler-than-expected US jobs report strengthened the case for a coming interest rate cut. Are we seeing the “economic softening” needed to get inflation completely under control, or are we s...

2024-05-07 03:21:36 ET The Reserve Bank of Australia kept its cash rate unchanged at 4.35% during its May meeting, as widely expected, but offered no explicit hawkish message that markets were anticipating. The central bank maintained borrowing costs for the fourth time sin...

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

2024-05-02 02:44:43 ET Read the full article on Seeking Alpha For further details see: Australia's March goods trade surplus narrows to more than 3-year low as imports jump

2024-05-01 02:37:04 ET In Australia, data showed that manufacturing activity remained contractionary in April. The Judo Bank Flash Australia Manufacturing PMI rose to 49.6 in April, up from 47.3 in a month earlier, according to final estimates. It was a third consecutive monthly...

2024-04-27 04:30:27 ET Summary The Semiconductor Index surged 9.9%, more than recovering from last week's 9.2% drubbing. The earnings picture was mixed. Alphabet and Microsoft, of course, knocked it out of the park. The Bank of Japan just can't stop playing with fire. Rates we...

2024-04-24 02:04:40 ET Australia's consumer price index fell to 3.6% in the first quarter from 4.1% in the previous quarter, slowing for the fifth straight quarter but coming in above forecasts of 3.4%. Australia's monthly CPI indicator also accelerated to 3.5% in March fro...

2024-04-23 03:38:18 ET Read the full article on Seeking Alpha For further details see: Australia's manufacturing PMI rises to 49.9 in April; services PMI edge lower to 2-month low

2024-04-18 02:11:55 ET Australia’s unemployment rate rose from a 5-month low of 3.7% in February to 3.8% in March, but below market forecasts of 3.9%, adding some weight to the argument that the Reserve Bank of Australia should start reducing rates this year. The numb...