FLCA News and Press, Franklin FTSE Canada From 08/14/23

2023-08-14 21:36:00 ET Summary More signs that U.S. inflation is easing. Federal Reserve likely to hold on rates in September. Pockets of weakness appearing in economy. U.S. consumer prices ticked higher in July, but by less than analysts expected. MoneyTalk’...

2023-08-04 08:54:08 ET The unemployment rate in Canada edged higher to 5.5% in July of 2023 from 5.4% in the previous month, aligned with market expectations, marking the third consecutive increase to levels last seen in January 2022 to reflect some softening in the Canadian labor market. ...

2023-08-02 22:10:00 ET Summary Australia and Canada are experiencing a surge in population growth, while growth rates have slowed substantially in the UK due to post-Brexit frictions. The robust population growth is allowing Australia and Canada to generate stronger jobs gains wit...

2023-07-28 08:36:10 ET Canada monthly GDP decreased to -0.20% in June from 0.40% in May of 2023. ETFs: ( EWC ), ( HEWC ), ( FLCA ). For further details see: Canada GDP drops 0.3% in June

2023-07-27 16:11:00 ET Summary U.S. markets have outperformed Canada for a few reasons. Potential reasons for caution in the markets going forward. Canada may be looking better than U.S. on valuation basis. While the big U.S. indices have outperformed the TSX so far ...

2023-07-26 04:30:00 ET Summary I expect the Federal Reserve to raise rates one more time this week before finally ending this long and grueling rake hike cycle. Many expect the Bank of Japan to alter its yield curve control policy, but I’m skeptical that it will happen at t...

2023-07-25 10:09:00 ET Summary Canada’s TSX index has rebounded 6%, year-to-date, while its corporate earnings have contracted. As of today, the S&P/TSX Composite is expected to report a Q2 (year-over-year) earnings decline of -20.4%, compared to the estimated (year-ove...

2023-07-22 00:09:00 ET Summary The Bank of Canada has been fully transparent with its monetary policy since the Covid recovery, having promptly responded to inflation accelerating by raising rates, and switching from quantitative easing to quantitative tightening starting in Q2 2022. ...

2023-07-21 08:33:24 ET Canada retail sales increased 0.20% in May of 2023 over the previous month. Retail sales increased 0.50% in May of 2023 over the same month in the previous year. ETFs: ( EWC ), ( HEWC ), ( FLCA ). For further details see: Canada's retail sa...

2023-07-18 08:36:10 ET Canadian inflation decreased to 2.80% in June from 3.40% in May of 2023 versus 3.0% expected The central bank is expecting Canada’s inflation rate to hover around three per cent for the next year, before steadily declining to the two per cent target ...