FLCA News and Press, Franklin FTSE Canada From 06/10/24

2024-06-10 07:25:00 ET Summary With mixed elements, the market took the US jobs data as relatively strong and took the dollar and US rates higher. The EU Parliament election has shaken up European politics, with the Belgium government collapsing and French President Macron calling...

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...

2024-06-07 08:31:22 ET The unemployment rate in Canada increased to 6.2% in May from 6.1% in April. More on Canada Bank of Canada cuts rates for the first time in four years Canada records a trade deficit of C$1.05B in April Read the full articl...

2024-06-06 13:45:00 ET Summary The big risks to the Bank of Canada's rate outlook. What a BoC rate cut could mean for housing. Is the BoC's June cut just the beginning or just for now? As it cut its key overnight rate to 4.75%, the Bank of Canada became the first G7 ...

2024-06-06 11:45:00 ET Summary Bank of Canada cuts rates for the first time since 2020. How deep will the BoC rate cuts be in 2024? What a BoC rate cut could mean for the loonie versus the dollar. ... Read the full article on Seeking Alpha For further...

2024-06-06 09:40:00 ET Summary The BOC forecasted GDP growth to be 2.8% annualized for the first quarter, and the latest read came in at 1.7%, with the year-over-year growth rate at a paltry .5% annualized. Central bank rate cuts help lower variable-rate debt costs but will not pr...

2024-06-06 08:31:18 ET Canada recorded a trade deficit of C$1.05B in April. ETFs: ( EWC ), ( FLCA ) More on Canada Bank of Canada cuts rates for the first time in four years Canada's composite and services PMI rise in May Read the full ...

2024-06-05 16:40:00 ET Summary The Canadian consumer is feeling the pinch of higher costs. Canadian inflation close to target, once you remove housing costs. Can the Canadian consumer keep its momentum going? ... Read the full article on Seeking Alpha ...

2024-06-05 09:33:09 ET The composite PMI in Canada increased to 50.60 points in May from 49.30 points in April. Services PMI in Canada increased to 51.10 points in May from 49.30 points in April. Read the full article on Seeking Alpha For further details see: Canada'...

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...