FLEE News and Press, Franklin FTSE Europe From 06/14/24

2024-06-14 07:15:00 ET Summary What makes the dollar's performance stand out is that it is taking place as US rates have fallen. The euro has been sold to almost $1.0670 and sterling has been pushed below $1.2700. In Japan, the BOJ made no change in its bond purchases, disappo...

2024-06-13 07:15:00 ET Summary The dollar fell alongside US rates yesterday after the softer-than-expected CPI. The US auctions $22 bln 30-year bonds today and $140 bln of bills. In the Asia Pacific, most large markets advanced, with Japan and China being notable exceptions. ...

2024-06-12 10:40:00 ET Summary Investors seeking growth in European equities might be discouraged by the lack of technology titans that dominate US markets. As a sector, European industrials offer solid and improving earnings growth. High return on invested capital is a good i...

2024-06-12 07:15:00 ET Summary Position adjustments ahead of today's US CPI and FOMC meeting are giving the dollar a modestly heavier tone today. Led by Central Europe, most emerging market currencies are firmer too. The 10-year US Treasury yield is a little softer and has sli...

2024-06-11 10:05:00 ET Summary French bond markets are selling off for a second day as investors adjust positions ahead of the unexpected French parliamentary elections later this month. We take a look at how European bond, FX and credit markets could perform. Any small hiccup...

2024-06-11 09:20:00 ET Summary The European elections brought the expected shift to the political right in the European Parliament. The biggest risk for policy, however, stems from national politics in France and Germany. Another potential longer-term implication of both the E...

2024-06-11 07:30:00 ET Summary The US dollar is firm against all the G10 currencies, except for sterling. Most emerging market currencies are lower, including the Mexican peso, which has become unhinged amid heightened political uncertainty. European bonds, especially French b...

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 01:35:00 ET Summary This week, the European Central Bank made the first decisive move in the transition away from monetary tightening. Recent strength in the Eurozone economy, including a higher-than-expected growth rate in hourly wages published today, suggests the lac...

2024-06-07 23:40:00 ET Summary On Thursday, the European Central Bank (ECB) delivered a 25 basis point policy rate cut. By contrast, the Federal Reserve (Fed) is set to keep rates on hold at its meeting this month. Typically, central banks wait for the Fed to reduce rates befo...