FLJP News and Press, Franklin FTSE Japan From 07/31/23

2023-07-31 10:30:00 ET Summary Major central banks tightened policy last week, including unexpectedly in Japan. We see the potential for rising Japanese bond yields to pull global yields higher. The Bank of Japan tweaked its yield cap, sending local yields to a nine-year high. Dev...

2023-07-29 10:03:00 ET Summary APAC merchandise exports have declined significantly in the first half of 2023, due to weak demand in the US and Western Europe and sluggish economic recovery in mainland China. The latest evidence from S&P Global Purchasing Managers surveys for ...

2023-07-28 10:45:00 ET Summary Today we have seen two major surprises from Japan. First, the Bank of Japan has made a tweak to its yield curve control policy. Second, Tokyo inflation unexpectedly rose to 3.2% in July. By Min Joo Kang | Chris Turner ...

2023-07-28 06:23:15 ET It's already been a big week for the world's biggest central banks, but the Bank of Japan had to get in on the action after a further round of rate hikes in the U.S. and Europe . The BOJ has remained an outlier on the world stage in the face of historic inflat...

2023-07-27 04:08:00 ET Summary The rates of inflation are very different between Japan and the United States, but unlike in the United States, in Japan, companies seemed to be happy about it because it has allowed for differentiation in goods and services beyond just pricing, and cons...

2023-07-26 06:05:00 ET Summary While S&P Global Market Intelligence's global real GDP growth forecast for 2023 is unchanged at 2.4%, this masks regional divergence. From a cycle high of over 8.0% in September 2022, global consumer price inflation has fallen to an estimated 4.7...

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 19:35:00 ET Summary The Bank of Japan will likely stay dovish for an extended period despite a solid recovery in economic growth and inflation being above target. Japan's unemployment rate has stayed around the 2%+ range since November 2020 while the labour participatio...

2023-07-25 11:15:00 ET Summary Market momentum dominated headlines in the United States in Q2, largely driven by mega-cap technology amid enthusiasm around AI. While US outperformance was narrowly led by a handful of stocks, performance outside the US was broader, particularly in ...

2023-07-24 23:42:00 ET Summary The au Jibun Bank Flash Japan Composite PMI, compiled by S&P Global, remained unchanged at 52.1 in July. Japan's manufacturing sector output remained in contraction according to the latest July flash PMI data. A further easing of supply const...