FLSW News and Press, Franklin FTSE Switzerland From 10/31/22

The Swiss National Bank said Monday that it posted a loss of 142.4B francs ($142.3B) in the first three quarters of 2022 as the central bank's foreign holdings suffered from higher interest rates as well as a stronger currency. That's the SNB's largest loss ever recorded in its ...

Summary Wall Street will pay close attention to the first look at third-quarter GDP. This is the critical week for guidance from mega-cap tech that will either make or break risk appetite. A new week will bring a new Prime Minister in the UK, the third in two months, following...

Summary Active central banks may create attractive opportunities for discretionary macro managers who can take advantage of higher volatility, higher rates and dynamic policy changes. The Russia-Ukraine conflict remains a large overhang across almost the entire commodity complex. ...

Summary Both the Empire Manufacturing Survey and Philly Fed business outlook are expected to remain in contraction territory. Earnings season heats up as we hear from Bank of America, Goldman Sachs, Netflix, and Tesla. Japan may need to intervene in the FX market again as the ...

Summary The Fed is primarily concerned with what is happening with inflation. This earnings season will likely be filled with hiring freezes/layoff announcements, cost-cutting saving measures, and mostly downbeat outlooks. The West is working towards fresh sanctions and potent...

Summary Investors will have a handful of key economic releases to follow this week. The key economic release for the week is the September nonfarm payroll report. Unemployment is expected to remain steady at 3.7%. US It remains all about the Fed as it continu...

Summary The FOMC may consider a full-point rate hike but will likely settle on delivering its third consecutive 75 basis-point increase. The BoE will meet on Thursday and it has a big decision to make. The FX world is closely watching everything out of Japan. US ...

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...

Summary Policymakers have spent weeks trying to convince investors that there was no dovish pivot, to no avail. So it was up to Powell to reinforce the Fed’s commitment to bringing inflation back to target and I think there’s little doubt he did it. In referencin...

Summary Global securities finance revenues reached $6.1bn in the first half of 2022, an increase of 12% YoY. Global ETP lending revenues were $453mn for H1, continuing to set new all-time highs, representing a 48% YoY increase. 2022 is off to an impressive start for Securities...