FLHK News and Press, Franklin FTSE Hong Kong

2024-07-20 00:15:00 ET Summary This week, markets were influenced by trade war fears, US political developments, and a global cyber outage. In Asia, the Japanese yen weakened, and Chinese authorities remained silent on economic goals despite weak data. Next week, US PCE and GD...

2024-07-18 14:50:00 ET Summary We are concerned that the U.S. Federal Reserve may wait too long to follow other major central banks in making its first cut. We think political and market volatility is likely to rise in the second half of the year, with the potential to persist wel...

2024-07-18 07:20:00 ET Summary Emerging market economic growth was sustained at a solid pace in June, despite easing from the one-year high seen in May. Further improvements into the second half of 2024 were also hinted by forward-looking order book indicators, albeit with the lik...

2024-07-18 07:10:00 ET Summary The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon. We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on their potential impact. Adjustments to...

2024-07-18 06:30:00 ET Summary More data was released indicating greater disinflationary progress in the US - which, in my view, means we will get a Federal Reserve rate cut this quarter. I think this will be a rather positive earnings season. S&P 500 companies are forecasted ...

2024-07-17 07:02:00 ET Summary Unless the Chinese government introduces major structural economic reforms that encourage domestic consumer spending, China could experience a Japanese-style lost economic decade. That could have major consequences for the world economic outlook give...

2024-07-15 07:59:00 ET Summary China's GDP growth in 2Q24 fell to 4.7% YoY, below expectations, with the property sector and consumption continuing to drag on growth. Property prices continued to decline in June, but signs of stabilization in key cities indicate support measures a...

2024-07-13 05:20:00 ET Summary Emerging market capital flows have remained largely resilient in the face of global monetary tightening, even as global capital flows have fallen. We know that rapid monetary tightening in the US and a strong dollar can lead to sudden capital flight ...

2024-07-10 03:40:00 ET Summary China’s CPI inflation slowed to a 3-month low of 0.2% YoY in June on softer-than-expected non-pork food prices but remained in positive territory for the fifth consecutive month. Weak consumer confidence continues to drive consumption in ...

2024-07-06 05:30:00 ET Summary Price pressures remained elevated globally, according to PMI survey data, as further signs of cooling in the service sectors of most major economies were in part countered by reviving cost pressures in the manufacturing sector. Worldwide PMI survey d...