EWA News and Press, iShares MSCI Australia Index Fund From 06/21/24

2024-06-21 04:44:10 ET Summary The S&P 500 index is currently overvalued, with its P/E and CAPE ratios significantly above historical averages, suggesting limited future returns and heightened risk. There are increasing signs of economic weakness, including rising unemployment...

2024-06-21 01:48:40 ET Australia’s June private sector expanded the least in five months as services activity remained in the black while manufacturing activity contracted further.... Read the full article on Seeking Alpha For further details see: Australia's May Judo...

2024-06-18 01:09:00 ET The Reserve Bank of Australia kept its cash rate unchanged at 4.35% during its June meeting, holding steady for the fifth consecutive meeting, as widely expected. The board also kept the interest rate on Exchange Settlement balances unchanged at 4.25%. ...

2024-06-15 05:56:00 ET Summary Global risk-off is gathering momentum, and there's now a clear and present potential de-risking/deleveraging catalyst. Unlike the fleeting UK debt crisis, French election results have the potential to reverberate throughout the European debt markets ...

2024-06-14 13:45:40 ET More on iShares MSCI Australia ETF EWA: The Case For Australia Grows EWA: Anemic Growth And Inflation Challenges Warrant Caution EWA: Not Ready To Hop Down Under Just Yet Reserve Bank of Australia keeps interest rates on hold at 4.35% ...

2024-06-13 05:29:14 ET In Australia, the unemployment rate inched down to 4% in May from a three-month high of 4.1% in April, in line with expectations. The number of unemployed individuals fell by 9.2 thousand to 598.9 thousand, which is still nearly 110 thousand fewer than before th...

2024-06-11 13:59:31 ET Summary iShares MSCI Australia ETF provides targeted exposure to the Australian equities market, with a focus on large- and mid-cap companies. The EWA fund's top holdings include BHP Group, Commonwealth Bank of Australia, CSL Ltd., National Australia Bank, a...

2024-06-11 04:50:44 ET Summary EWA offers exposure to Australian large- and mid-caps, with a tilt toward financials and materials, resulting in a more comfortable P/E than that of the S&P 500. The issue is that Australia's economic growth is anemic, while inflation might requi...

2024-06-08 11:30:00 ET Summary Sticky inflation means the Reserve Bank of Australia will struggle to justify rate cuts this year – indeed, the chance of a further increase in rates is growing. Differences in the mortgage structure between the US and Australia may ...

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...