FLCA News and Press, Franklin FTSE Canada From 04/28/23

2023-04-28 04:30:00 ET Summary Canadian corporates succumbed to heightened risk aversion in March, following the banking turmoil, before the swift US and Swiss central bank market interventions calmed markets. Both Canadian and US credit spreads widened during the risk-off episode...

2023-04-27 13:16:00 ET Summary The Bank of Canada’s significant interest rate hikes since early 2022 are contributing to slower growth as homeowners and consumers curtail borrowing and spending. Canadian inflation is moderating, and the central bank signaled a pause. The sh...

2023-04-25 03:25:00 ET Summary Why market uncertainty could lead to a return to quality. The unusual market cycle markets find themselves in now. Canadian banks may face a few tough quarters but will prove their resiliency. Despite potential headwinds, equity markets...

2023-04-21 12:30:00 ET Summary Although it’s typical for companies to “beat” lowered earning estimates, the earnings trend is recessionary, with a second sequential quarter of negative growth in 10 of 11 sectors. The second and third quarters aren’t loo...

2023-04-21 08:33:40 ET Retail Sales in Canada decreased 0.20% in February of 2023 over the previous month. For further details see: Retail sales in Canada drop 0.20% in February

2023-04-19 09:54:10 ET Housing starts in Canada slipped by 11% over a month earlier to 213,865 units in March of 2023, undershooting market expectations of 227,800 units. The SAAR of total urban starts declined 12% to 192,545 units recorded in March, as single-detached urban starts decr...

2023-04-15 00:35:00 ET Summary In addition to a plethora of Fedspeak, investors will closely pay attention to the Fed’s Beige Book. On Friday, the April flash PMI readings for the eurozone will be watched closely as they reflect some of the banking turmoil that has hit the ...

2023-04-14 00:40:00 ET Summary The Bank of Canada's balancing act between possibly hiking or cutting rates. Why the tough work by the Bank of Canada may lie ahead. The strong Canadian jobs market still makes the BOC's job harder. At its latest monetary policy...

2023-04-13 16:10:00 ET Summary Is the Bank of Canada finished its rate-hiking campaign? Outlook on the loonie. Why the Bank of Canada's work may not be done even as inflation comes down? The Bank of Canada keeps its key policy rate unchanged at 4.5%, as the c...

2023-04-07 01:56:00 ET Summary Why markets are still ahead despite numerous headwinds. Is the robust U.S. jobs market finally turning a corner? The potential for a goldilocks scenario for markets and what it may look like. Recent data suggests the U.S. jobs m...