FLCA News and Press, Franklin FTSE Canada From 06/04/24

2024-06-04 11:10:00 ET Summary The Bank of Canada and European Central Bank are expected to follow the Swiss and Swedish central banks in announcing the first 25 basis points cut since the latest great tightening cycle began 27 months ago in March 2022. Policy plans are premised o...

2024-06-03 09:31:13 ET More on Canada Canada's GDP expands 0.4% in Q1 Canada's annual inflation rate drops to 2.7% in April Bank of Canada stands pat on rates for sixth straight meeting Read the full article on Seeking Alpha For further de...

2024-05-31 08:31:19 ET The Gross Domestic Product in Canada expanded 0.4% in the first quarter of 2024 over the previous quarter. GDP Growth Annualized in Canada increased to 1.7% in the first quarter of 2024 from 0.1% in the fourth quarter of 2023. Read the full article on Se...

2024-05-31 01:20:00 ET Summary Europe seems extremely likely to cut rates in June, in my view, as progress on inflation has been significant. Inflation has slowed, and I give the Bank of Canada a 50/50 chance of a rate cut at its June meeting. The Federal Reserve seems poised ...

2024-05-30 05:00:00 ET Summary We think markets are underestimating (16bp) the chances of a rate cut next Wednesday. Consensus is split, but with inflation within the BoC’s comfort band and unemployment rising, we see policymakers narrowly favouring a 25bp cut. ...

2024-05-24 08:32:23 ET Retail sales in Canada increased 1.9% in March over the same month in the previous year. On a monthly basis, retail sales decreased 0.2% in March. Read the full article on Seeking Alpha For further details see: Canada's retail sales ris...

2024-05-22 12:30:00 ET Summary Recent data indicates the US economy has been cooling modestly and disinflationary progress has resumed, which should help hasten the start of rate cuts. There is a significant amount of cash that is likely to start moving to stock and bonds once the...

2024-05-21 08:33:17 ET The inflation rate in Canada decreased to 2.7% in April from 2.9% in March. On a monthly basis, the Consumer Price Index in Canada increased 0.5% in April. Core consumer prices in Canada increased 1.6% in April over the same month in the previous year. ...

2024-05-21 07:10:00 ET Summary The dollar is consolidating but with a somewhat heavier bias today. The MSCI Asia Pacific Index snapped a seven-day rally, and Hong Kong shares and the mainland shares that trade there led the region lower with a 2% drop. The 10-year US Treasury ...

2024-05-20 05:47:00 ET Summary With a 3.9% unemployment rate and still 8.5 million job openings, what is the probability of ongoing elevated wage gains perpetuating second-round inflationary effects (especially in rents and housing)? The fundamental predicament today is Monetary D...