FLTW News and Press, Franklin FTSE Taiwan From 05/09/24

2024-05-09 04:15:00 ET Summary After a disappointing March, trade data recovered modestly in April. Auto exports continued to outperform, and imports were driven by demand from the AI race. Considering import demand could remain resilient, but exports face a higher l...

2024-05-08 15:55:00 ET Summary Why is market performance and market sentiment on a divergent path? Should investors be positioned for risk? Hard data vs soft data: How is the U.S. economy actually performing? While equities have had a positive performance yea...

2024-05-08 09:09:00 ET Summary We actually started off the year with still some continuation of the trends in the asset class that we've seen by the end of 2023. We also saw geographies like Taiwan and India, which were good performers last year, continuing to contribute positivel...

2024-05-08 04:00:00 ET Summary The Biden administration announced a new round of tariffs on imports of steel and aluminum from mainland China, including a more than three-fold increase in the Section 301 tariff rate for Chinese steel imports. A larger issue for the growth in Chine...

2024-05-08 01:35:00 ET Summary At 50.3, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, remained above the 50.0 neutral mark. Despite the cooling in the rate of improvement, the latest data signal an ongoing steadying of the ...

2024-05-07 08:50:00 ET Summary Chinese equities have rebounded, reversing the negative returns recorded in the first quarter. Investor expectations for US interest rate cuts have reset. The Commodities Research Bureau Index of commodity prices rose 7.4% year-to-date through th...

2024-05-06 09:35:00 ET Summary The IMF upgraded US growth forecasts for 2024 by +0.6% of GDP, and Chinese PMIs are back to expansion. There aren’t any bad EM stories right now, with almost all of the typical problem cases in EM making meaningful policy adjustments. The ...

2024-05-06 08:00:00 ET Summary The dollar is mostly a little softer today in thin market conditions, with Tokyo, Seoul, and London closed for holidays. Equities are off to a constructive start this week after the strong US rally before the weekend. Most markets in the region a...

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

2024-05-01 12:00:00 ET Summary Stronger-than-anticipated economic data released during the first quarter led to a significant downward shift in market expectations for 2024 rate cuts. While equity markets were mostly unfazed by this change in expectations, fixed income markets exp...