FLJP News and Press, Franklin FTSE Japan From 09/28/23

2023-09-28 00:45:00 ET Summary From inflationary tailwinds for earnings growth to corporate reforms that unlock shareholder value, multiple regime shifts are underway to restore the appeal of the Japanese equity market. Japan’s weight in the MSCI World Index has declined to...

2023-09-27 20:30:00 ET Summary As the end of the third quarter approaches, stock markets around the globe are slumping as the US dollar reaches a six-month high after 10 straight weeks of increases. Over the last month through September 22, the global iShares MSCI ACWI ETF, ACWI, ...

2023-09-27 05:01:00 ET Summary We believe a mild U.S. recession is more likely than not in 2024, although a soft-landing scenario cannot be ruled out. A recession is also likely in the UK and eurozone, but appears less likely in Australia. Equities may remain supported by soft-lan...

2023-09-27 02:05:00 ET Summary Following a hawkish pause, any better-than-expected US economic data could magnify the market’s fears of a higher fed funds rate in 2024. Lower-than-expected UK inflation led to a somewhat surprising pause by the Bank of England last week, fol...

2023-09-25 11:10:00 ET Summary Bond yields are surging as the volatile macro regime brings uncertainty over central bank policy and risks ahead. We get granular in bonds and equities. The 10-year U.S. Treasury yield jumped to 16-year highs and stocks slumped over 2% last week. We ...

2023-09-22 03:45:00 ET Summary Japan's private sector economy continued to grow in September, extending the sequence of expansion that commenced at the start of 2023. Slower service sector growth, attributed in part to a renewed decline in new business from abroad, and a quicker f...

2023-09-18 13:10:00 ET Summary We see the new regime playing out and a high interest rate world, with stagnant activity and persistent inflation. We shift our tactical views to reflect this outlook. European stocks rose last week after the likely last European Central Bank rate hi...

2023-09-16 07:49:20 ET Summary As large-cap Japanese ETFs go, the Franklin FTSE Japan ETF is one of the better options, particularly for cost-sensitive investors. Having already outperformed this year, though, valuations look stretched relative to the underlying earnings growth of...

2023-09-15 19:55:00 ET Summary Federal Reserve could be cautious as data continues to show economic resilience. BoE may raise rates for the last time in this cycle. BoJ eyed for more clues on interest rates after recent hints. US The main event of the week wi...

2023-09-12 10:25:00 ET Summary Markets have been quick to react to individual data points without taking a step back to look at the bigger picture for the US, which is one of economic slowing and disinflation. The Bank of Canada erred on the side of caution and enacted another pau...