HEWC News and Press, iShares Currency Hedged MSCI Canada From 07/03/23

2023-07-03 23:50:00 ET Summary The JPMorgan Global Manufacturing Purchasing Managers' Index compiled by S&P Global, registered 48.8 in June, down from 49.6 in May. The decline indicates an increasingly steep deterioration of business conditions, which have now worsened for ten...

2023-06-30 08:37:40 ET Canada monthly GDP M/M increased to 0.40% in May from 0.20% in April of 2023. ETFs: ( EWC ), ( HEWC ), ( FLCA ). For further details see: Canada GDP rises to 0.4% in May

2023-06-28 22:06:00 ET Summary Canada's inflation rate slows, but likely not enough for the BOC. Why the Bank of Canada is determined to hit its 2% target. Canadian inflation may have fallen in May but interest on mortgage costs surged last month. Canada’s ann...

2023-06-28 16:47:00 ET Summary Investors are faced with high uncertainty about the future of a global economy that lost momentum in June following sizable gains in May. Government and central bank actions to stimulate the Chinese economy are not likely to have a significant impact...

2023-06-28 01:20:00 ET Summary Central banks in the developed world have raised interest rates higher and faster than at any time in recent memory. But until labor markets start to slow, policymakers are unlikely to take their feet off the brakes. That may mean more rate hikes...

2023-06-27 08:36:05 ET Canada inflation rate drops to 3.40% in May from 4.4% in April of 2023. The figure meets consensus. The CPI increased 0.40% in May of 2023 over the previous month. Canadian annual core inflation, which excludes food and energy costs, eased to a 1-1/2-year low ...

2023-06-20 14:19:00 ET Summary The latest rebound in equity prices has pulled the S&P 500 and Canada’s TSX back to levels seen two years ago in June/July 2021. In the real economy, Canada’s Producer Price Index (PPI) for May contracted 6.3% year-over-year and the...

2023-06-20 09:45:00 ET Summary Sticky inflation is leading major central banks to keep policy tight. We prefer emerging market debt as policy loosens and like short-dated bonds for income. Developed market short-term bond yields jumped after central banks signaled more rate hikes ...

2023-06-17 12:20:00 ET Summary Major developed market central banks around the globe are almost unanimously indicating rate cuts won’t happen until next year. The stark contrast with market expectations that global monetary loosening would begin before year-end likely means...

2023-06-13 12:10:00 ET Summary Last week was a momentous one, as the Reserve Bank of Australia and the Bank of Canada both decided to hike rates after enacting conditional pauses. These hikes were important because central banks’ policy decisions can prove infectious, convi...