FLAU News and Press, Franklin FTSE Australia From 04/08/23

2023-04-08 00:35:00 ET Summary The US labor market is softening, but still remains tight and that should keep the door open for policymakers to raise rates again at the May 3rd policy meeting. The ECB accounts will be of interest considering recent events and the central bank ...

2023-03-29 01:13:00 ET Summary The synchronized global central bank tightening cycle is long in the tooth. Both the Bank of Canada and Reserve Bank of Australia are pausing tightening to allow the long and variable lags of monetary policy to play out in their respective economies....

2023-03-26 23:55:00 ET Summary The banking crisis and the consequential tightening of financial conditions is a new deflationary shock. It renders the next data highlight in the US, the February PCE deflator, less relevant. The impact on monetary policy expectations will last long...

2023-03-19 06:42:00 ET Summary Despite global economic headwinds from slowdowns in the US and EU economies, economic growth in the Asia-Pacific region is forecast to strengthen in 2023. The rebound in mainland China's economy is expected to have significant positive effects on the...

2023-03-18 02:25:00 ET Summary Fed expectations are all over the place with Nomura analysts calling for a rate cut, while most investors are between a hold or a final quarter-point rate rise. It goes without saying that the focus in Europe next week will be firmly on the banking s...

2023-03-11 00:46:00 ET Summary Wall Street will pay close attention to the February inflation report. The ECB is widely expected to raise interest rates by 50 basis points on Thursday but it’s what comes next that investors will be most interested in. The fact that the ...

2023-03-08 10:17:00 ET Summary There was a selloff in global government bond markets in February as central banks showed no sign of easing their monetary tightening programs. The U.S. Federal Open Market Committee (FOMC) met from Jan. 31–Feb. 1 and raised rates by 25 basis ...

2023-03-07 07:49:29 ET Stocks and exchange traded funds linked to the Australian stock market gained ground during Tuesday's premarket trading in the U.S after the Reserve Bank of Australia raised interest rates by 25 basis points. The RBA moved its cash rate to 3.6%, which marked t...

2023-03-07 02:08:35 ET Reserve Bank of Australia (RBA) has hiked interest rates by 25 bps to 3.36%, in-line with forecast. RBA has hiked interest rate 10 times, aggregating 350 bps since May 2022, topping borrowing costs since May 2012. As per the earlier reports, Australia record...

Summary The US has a very busy week ahead. The two main events are Fed Chair Powell’s semi-annual testimony to Congress and the nonfarm payroll report. Christine Lagarde’s appearance in the middle of next week will be highly anticipated following the February inflation dat...