FLCA News and Press, Franklin FTSE Canada From 06/07/23

2023-06-07 12:59:00 ET Summary The Bank of Canada has resumed interest rate increases after a five-month hiatus. Demand is proving to be more resilient and inflation could be more persistent. Another hike looks likely in July, but we are wary about pushing for more aggressive acti...

2023-06-07 09:39:57 ET Canada posted a trade surplus of C$1.94 billion in April of 2023, above market forecasts of C$0.9 billion and considerably wider than the downwardly revised surplus of C$0.23 billion in the previous month. Exports jumped by 2.5% to C$64.8 billion amid all-...

2023-06-06 18:30:00 ET Summary Why employment data is helping to push back the recession scenario. Strong jobs market means rates may not be coming down anytime soon. Why interest rate cuts may not happen until 2024 now. The latest U.S. jobs data showed emplo...

2023-06-06 10:09:16 ET Business Confidence in Canada decreased to 53.50 points in May from 56.80 points in April of 2023. ETFs: ( EWC ), ( HEWC ), ( FLCA ). For further details see: Business confidence in Canada drops to 53.5 points May

2023-06-03 03:40:00 ET Summary We expect the BoC to leave the policy rate at 4.5% next week. he market is pricing a 25% chance of a hike on 7 June, and a hawkish hold should be anough to keep the Canadian dollar supported. A hawkish tone by the Bank of Canada at the June meeti...

2023-06-02 21:30:00 ET Summary Cooler heads prevail over debt ceiling but are there broader implications? Recession vs resilience: Finding opportunities in a cautious market. Why fixed income still may provide opportunities for investors. The bill to rais...

2023-05-31 08:43:01 ET The Canadian economy grew by 0.8% in the first quarter of 2023, bouncing back from the stall in the previous period and well above market estimates of a 0.4% expansion. On annualized basis Canada's economy was up 3.1% in the first quarter, beating analysts...

2023-05-26 13:52:00 ET Summary In the latest AI-driven chapter of mania, chipmaker Nvidia has leapt 186% year to date and is trading about 15% above its November 2021 top. Nvidia collapsed 90% after its 2000 top and spent 15 years trying to make back losses. The ongoing bear m...

2023-05-25 08:01:00 ET Summary On Sunday night, President Joe Biden returned from the G-7 Summit, Speaker Kevin McCarthy and Biden connected, and by Monday morning talks resumed. We could see market turbulence in the coming days as the details are hammered out and the X-date draws...

2023-05-23 21:56:00 ET Summary Have central banks done enough to get inflation back to 2%? Are central banks still in control or will they be overwhelmed by troubling financial conditions? Why China's rebound has been softer than expected. For further det...