FLAU News and Press, Franklin FTSE Australia From 10/03/23

2023-10-03 04:59:00 ET Summary Global equity market weakness in the third quarter reflects the uncertain outlook. We address some of the big questions on investors’ minds. Technology stocks slipped after a strong first half. Energy was the best-performing sector in the quar...

2023-10-02 04:48:22 ET The Judo Bank Flash Australia Manufacturing PMI fell to 48.7 from prior month reading of 49.6, but higher than the September Flash PMI print of 48.2. A sharper fall in new orders, mild reduction in output, purchasing activity and inventory levels partially offse...

2023-09-29 03:45:00 ET Summary Supply chain activity has largely returned to normal, although uncertainties remain around corporate strategy, global trade policy, and environmental measures. Lower consumer demand is evident in US seaborne imports of consumer goods that have fallen...

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...