Yen Retreats, While Stronger EMU GDP Underscores Nascent Recovery And Lifts The Euro

Stronger-than-expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. Japanese stocks rallied strong coming back from the long weekend. Australia's unexpected weakness in retail sales has weighed on the Aussie and Kiwi currencies. Emerging market currencies are mixed, with Turkey and Hungary leading the advancers.

Weekly Report: what happened at BBAX last week (0422-0426)?

Yen Dumps Before It Jumps

Japanese yen jumps to almost JPY160.20 before falling sharply to JPY154.55. FOMC meeting, the US employment report, and the eurozone CPI were to be the highlights of the week. The dollar weakened against the other major currencies. The MSCI Asia Pacific Index rallied almost 3% last week.

Global ETF Market Facts: 3 Things To Know From Q1 2024

U.S.-listed exchange traded funds (ETFs) still represent a small fraction of overall U.S. Financial markets. As of Q1 2024, individual investor ETFs assets reached nearly $1.4 trillion and represent 13% of equity and 2.8% of fixed income assets. Assets in U.s.-listed ETFs have grown over the last five years.

Weekly Report: what happened at BBAX last week (0415-0419)?

Notable ETF Inflow Detected - BBAX

Weekly Report: what happened at BBAX last week (0408-0412)?

BBAX Breaks Below 200-Day Moving Average - Notable for BBAX

Weekly Report: what happened at BBAX last week (0401-0405)?

Weekly Report: what happened at BBAX last week (0325-0329)?

Weekly Report: what happened at BBAX last week (0318-0322)?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF declares quarterly distribution of $0.3991

Weekly Report: what happened at BBAX last week (0311-0315)?

Global Economic Outlook: March 2024

S&P Global Market Intelligence's global growth forecast for 2024 has again been revised upward. Annual real GDP growth is now projected at 2.6%, up from 2.3% in March. Global consumer price in 2024 has been revised slightly upward to 4.8%.

Weekly Report: what happened at BBAX last week (0304-0308)?

Emerging Market Insights - Semiconductor Sector Soars

Franklin Templeton: The semiconductor sector posted a 10% gain in February. The electric vehicle sector has been under pressure in recent months despite rapid growth in 2023. Semiconductors in focus reflect renewed optimism surrounding artificial intelligence chips and their applications. We are constructive on a broad-based recovery in semiconductor demand in 2024.

Weekly Report: what happened at BBAX last week (0226-0301)?

Worldwide Manufacturing Returns To Growth

February's PMI surveys showed manufacturing business conditions improving for the first time in 18 months. The Global Manufacturing PMI, by JPMorgan and S&P Global Market Intelligence, rose from 50.0 in January to 50.3 in February. The survey's index of production hit a nine-month high in January. Overall new orders rose in 20 months, aided by a rise in global export orders.

Weekly Report: what happened at BBAX last week (0219-0223)?

Weekly Report: what happened at BBAX last week (0212-0216)?