FLAU News and Press, Franklin FTSE Australia From 09/24/20

Flash Australia PMI signals a rise in output in September after a decline in August. Dual-speed economy, led by manufacturing while service sector lags due to social distancing measures. Falling backlogs and jobs remain key concerns. Positive sentiment hinges on further easing...

By Ansh Chaudhary The ETF Deathwatch decreased in size in August compared to July. Twenty-six exchange-traded products ("ETPs") were added to the list, and 40 funds were removed, making August a busier month in terms of removals. Of those that were removed, 13 were due to increased health ...

Australia has become the latest country to officially enter a recession, though the 7% GDP decline was a lot better than the coronavirus-induced devastation to other economies, particularly those in the West. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dol...

The Central Bank of Brazil lowered interest rates 25 basis points to 2%. The release had this interesting caveat (emphasis added): The Copom believes that the current economic conditions continue to recommend an unusually strong monetary stimulus but it recognizes that, due to prudentia...

Moody's Investors Service affirms the government of Australia's long-term issuer and senior unsecured ratings at Aaa, the agency's highest rating. More news on: iShares MSCI Australia ETF, Invesco CurrencyShares Australian Dollar Trust ETF, Aberdeen Australia Equity Fund, Global news and...

Australia suffered its first recession in 29 years . It’s a remarkable statistic considering all that has taken place in developed markets just in the last 13 years. Let’s go back in time for a moment. Recall the mid-2000s. It was a bull market for commodities , and Australia...

All central banks face the same situation: domestic economies, which were shut down to stop the spread of the coronavirus, are now in a deep recession. Central banks are steadying credit markets, lowering rates, and taking extraordinary action to support economic growth. The possibility of sho...

May saw another substantial fall in business activity across Australia, setting the scene for a deepening downturn in the economy during the second quarter. Even as lockdown measures were relaxed in mid-May, this only contributed to a minor easing of the rate of contraction in business activit...

Investment thesis: The international markets are still in a difficult situation but things are moving in the right direction. The China long ( FXI ) and Brazil short ( EWZ ) trades are still attractive. Chinese data is improving and tensions with the US are giving way to a bilateral pragmatism...

By Ansh Chaudhary The ETF Deathwatch decreased in size in March. Sixteen exchange-traded products ("ETPs") were added to the list, and 54 funds were removed. Thirty-three of those funds were removed due to increased health and 21 were due to asset managers closing their funds. The low numb...