FLJP News and Press, Franklin FTSE Japan From 08/02/23

2023-08-02 23:43:00 ET Summary The JPMorgan Global Manufacturing Purchasing Managers' Index compiled by S&P Global, held steady at 48.7 in July. Leading the weakness of global production was an intensification of the recent downturn in global goods trade. In this environme...

2023-08-02 14:40:00 ET Summary Average prices charged by factories for their goods fell worldwide for a third month in a row in July. Manufacturing output prices - average charges levied for goods leaving the factory gate - fell worldwide for a third month running in July. Of ...

2023-08-02 13:00:00 ET Summary We've compiled a list of July investment picks that you may have missed. Some Seeking Alpha analysts are more discerning by nature. Others are finding compelling ideas hard to come by in today's market environment. Featured here are the investmen...

2023-08-02 06:45:00 ET Summary Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". The dollar has retraced yesterday's gains agains...

2023-08-02 06:30:00 ET Summary The BoJ is playing a tactical game here, injecting an element of uncertainty into the markets. In the context of the US Treasury market, the impact is equally as complex. The BoJ’s policy twists and turns could have noteworthy implications...

2023-08-01 05:05:00 ET Summary The BoJ announced a change in its yield curve control (YCC) policy, which has been in effect for seven years. The bank’s policy has kept the 10y JGB rate at zero and its base rate at -0.1% at a time when other central banks have been raising i...

2023-08-01 04:30:00 ET Summary The BOJ now has to try to slowly normalize monetary policy. The yen was the original carry trade currency. China is a bigger export market for Japan than the U.S. Zero Interest Rate Policy (ZIRP) and quantitative easing (QE) - the two m...

2023-08-01 02:25:00 ET Summary Central banks: The economies of the US, eurozone and Japan are all in different places, which means central banks must tailor their policies accordingly. Earnings season: The overall statistics have been relatively good so far, but it’s been o...

2023-07-31 11:19:00 ET Summary Falling inflation, recovering growth, relaxed central bankers—how one of the most widely forecast recessions in history failed to happen. Germany is in mild recession, but the rest of Europe’s large economies are ticking over. The U.S. ...

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...