ClearBridge American Energy MLP Fund, Inc.

BHP Billiton

Carlisle Companies

WABCO Hlds

Western Gas Partners

Woodside Energy Group Ltd

Rio Tinto plc Sponsored

Allstate

WideOpenWest

Sunoco

Franklin FTSE Australia ETF

FLAU tracks a market cap-weighted index of large- and mid-cap Australian stocks.

iShares MSCI Australia ETF

While California and Scandinavia tend to get top billing in tech, the Land Down Under now boasts one of the fastest-growing software and fintech hubs in the world. Australia's tech industry, which expanded 80% between 2016 and 2021, is projected to reach $167 billion AUD by 2030 ($112 billion USD) as global software and fintech firms continue to spring up across the continent.

Australia, A Tech Hub? Crikey!

Australia has long been recognised for having the highest average dividend yield among global markets. However, this yield has been on a downward trend since 2022.

Australia Equity - What Is A Lower Dividend Yield Telling Us?

First quarter 2024 GDP growth slowed to just 0.1% QoQ. This brings the annual growth rate down from 1.5% to 1.1%.

Australia: GDP Growth Slows Further

February's employment showed a large rise, driven by a hefty increase in full-time jobs and a sharp fall in the unemployment rate to 3.7%.

Australian Employment Surges In February

iShares MSCI All Country Asia ex Japan ETF

SmartETFs Asia Pacific Dividend Builder ETF

iShares Asia 50 ETF

Global X FTSE Southeast Asia ETF

JPMorgan BetaBuilders Developed Asia EX-Japan ETF

JPMorgan BetaBuilders Japan ETF

Xtrackers MSCI Japan Hedged Equity ETF

WisdomTree Japan SmallCap Dividend Fund

iShares Asia/Pacific Dividend ETF

WisdomTree Japan Hedged Equity Fund

WisdomTree Japan Hedged SmallCap Equity Fund

iShares MSCI Emerging Markets Asia ETF

iShares MSCI Philippines ETF

iShares MSCI Pacific ex-Japan ETF

iShares MSCI Japan ETF

iShares MSCI Japan Value ETF

iShares MSCI Malaysia ETF

iShares MSCI Singapore ETF

iShares MSCI Taiwan ETF

iShares MSCI South Korea ETF

First Trust Japan AlphaDEX Fund

Franklin FTSE Asia ex Japan ETF

Franklin FTSE Japan Hedged ETF

Franklin FTSE Japan ETF

Franklin FTSE South Korea ETF

Franklin FTSE Taiwan ETF

First Trust Asia Pacific ex-Japan AlphaDEX Fund

SPDR S&P Emerging Asia Pacific ETF

Goldman Sachs ActiveBeta Japan Equity ETF

Xtrackers International Real Estate ETF

iShares Currency Hedged MSCI Japan ETF

iShares Core MSCI Pacific ETF

iShares JPX-Nikkei 400 ETF

Direxion MSCI Daily South Korea Bull 3X Shares

iShares MSCI Japan Small-Cap ETF

iShares MSCI Thailand ETF

Global X MSCI Vietnam ETF

VanEck Vectors Vietnam ETF

Vanguard FTSE Pacific ETF

While the China macro story of ongoing transition is a headwind to the rest of Asia, there is more to the region's economic health than this.

Asia-Pacific Is Not Just China

Invesco CurrencyShares Australian Dollar Trust

Weaker GDP growth in Australia may indicate that the Reserve Bank of Australia (RBA) is done hiking rates. Trade data suggests that the GDP growth figure for Q3 2023 will not meet expectations.

Australia: 3Q23 GDP Growth Softens

Australian economic growth momentum has softened during 2023 due to the cumulative impact of monetary policy tightening since May 2022. The Judo Bank Flash Australia Composite PMI Output Index for October 2023 posted below the 50.0 no-change mark for the third time in the past four months.

Australian Economic Growth Moderates Due To Tighter Monetary Policy

Australian Consumer Price Index (CPI) surprises with higher-than-expected inflation, potentially leading to a restart of the Reserve Bank of Australia's hiking cycle. RBA projections for inflation may need to be revised as GDP and labor market data remain strong, putting pressure on the central bank to deliver another rate hike.

Australia Inflation: Too High To Ignore

While this is mostly down to less helpful base effects, international energy prices and excise duty hikes, it is not safe to conclude that the RBA rate cycle has peaked. At 5.2% YoY, the August inflation figures were bang in line with expectations.

Australia: Inflation Back On The Rise

2Q23 GDP was stronger than expected, and revisions to past data also show the economy has slowed less than was previously assumed. The quarter-on-quarter growth was also a bit stronger at 0.4% (ING f 0.2%), but it was revisions to the back data that made most of the difference to the annual growth rate.

Australia: GDP Holding Up Better Than Expected

The headline inflation rate has now fallen below 5% which will encourage thoughts that the RBA tightening cycle has peaked. We did see the housing component rise by 1.3% over the previous month, up from 0.3% MoM in June.

Australia: Rate Hike Forecast Is Hanging By A Thread

Australia's growth outlook has cooled off, but the labour market remains too tight and the decline in inflation has been primarily due to base effects. We disagree with markets' expectations that we have seen the peak in RBA rates, and expect at least one more hike.

Australia: How To Ride A Bumpy Disinflationary Path

iShares MSCI United Kingdom ETF

JPMorgan BetaBuilders Canada ETF

iShares MSCI Canada ETF

iShares MSCI United Kingdom Small Cap ETF

First Trust United Kingdom AlphaDEX Fund

Franklin FTSE Canada ETF

Franklin FTSE United Kingdom ETF

iShares Currency Hedged MSCI Canada ETF

iShares Currency Hedged MSCI United Kingdom ETF

Australia and Canada are experiencing a surge in population growth, while growth rates have slowed substantially in the UK due to post-Brexit frictions. The robust population growth is allowing Australia and Canada to generate stronger jobs gains without causing a tighter labor markets and strong wage growth.

The Economics Of Immigration: The U.K. Vs. Australia And Canada

Pausing for a second consecutive meeting, today's rate decision is in line with some better inflation data this month and means the Bank can respond to future data events with less fear of overdoing the tightening. The labour data wasn't exactly soft, but it wasn't super-strong either, and the unemployment rate, while still very low, was stable from the previous month.

Reserve Bank of Australia Takes Another Breather

Investors are looking abroad right now to escape overvalued U.S. equities and the looming threat of a Fed-induced recession. Emerging markets are gathering steam driven by China's reopening, but there is one nation that offers both a developed economy and significant benefit from China's reopening: Australia.

Australia ETF FLAU Flashes Key Buy Signal

Australia's economy is showing clear signs of slowing and will drop further in 2023. House price growth appears to be on the cusp of turning negative and provides a rationale for a peak cash rate at the relatively low level of 3.6%.

The Reasons Why Australia's Economy Is Slowing

The latest flash PMI data showed that Australia's private sector economy shrank for the first time since the start of the year in October.

Flash PMIs Show Renewed Contraction Of Australian Economy In October, Japan's Service Sector Powers Growth

The release of the Australia flash PMI on the 24th of October will be eagerly awaited after recent PMI survey data, compiled by S&P Global, signalled that inflationary pressures remained a major risk to the health of Australia's private sector economy. Record rates of input cost and output price inflation were recorded by the Australia PMI surveys only very recently, in April and July of this year, respectively.

Australian Economy Under Pressure Amid Strong Inflation, But Signs Of Price Peak Appear

The construction industry has not been so resilient. The ongoing shrinkage has meant that the construction sector in Australia has not meaningfully contributed to Australian GDP growth since 2018.

Deconstructing The Australian Construction Industry

iShares MSCI Japan Equal Weighted ETF

iShs Crr Hg JPX Shs

Xtrackers Japan JPX-Nikkei 400 Equity ETF

Japan And Australia Enter Third Economic Downturns As Omicron Wave Hits

ProShares UltraShort Australian Dollar

Invesco CurrencyShares British Pound Sterling Trust

Invesco CurrencyShares Canadian Dollar Trust

Invesco DB US Dollar Index Bearish Fund

WisdomTree Bloomberg US Dollar Bullish Fund

Invesco DB US Dollar Index Bullish Fund

Retail investors trading instruments linked to currency pairs on the exchange in November indicated a positive outlook for the Canadian and Australian dollars, as well as the British pound, against the US dollar. For much of last month, the Federal Reserve stood out from many central banks by maintaining a looser monetary policy than several of its peers, leading investors to favour other currencies over the US dollar in the short term.

U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy

WisdomTree India Earnings Fund

Franklin FTSE India ETF

First Trust Chindia ETF

Columbia India Consumer ETF

iShares MSCI India ETF

Nifty India Financials ETF

iShares India 50 ETF

WisdomTree India ex-State-Owned Enterprises Fund

First Trust India NIFTY 50 Equal Weight ETF

Invesco India ETF

iShares MSCI India Small Cap ETF

Australia has been in the news lately over its aggressive response to the pandemic. But the bigger Down Under story might end up being interest rates. With inflation soaring, however, it became harder to manage the country's increasingly unruly yield curve, and finally, the RBA just gave up and let the market decide how expensive short-term money should be.

Spiking Australian Interest Rates Are A Glimpse Of The Global Future

VanEck Vectors Africa Index ETF

First Trust Latin America AlphaDEX Fund

SPDR S&P Midcap 400 ETF Trust

Vanguard FTSE Europe ETF

If you're looking to build a truly global portfolio of investments, these seven ETFs will get the job done without spending too much on fees. The post 7 Best ETFs to Buy for a Truly Global Portfolio appeared first on InvestorPlace.

7 Best ETFs to Buy for a Truly Global Portfolio

Aberdeen Australia Equity Fund Inc

Delta variant outbreak hits Australian economy. Divergence in employment conditions seen between manufacturing and services.

Flash Australia PMI Signals Economy In Contraction Amid Widespread Lockdowns

VelocityShares Daily 4x Long USD vs AUD ETN

Citigroup Glbl Underlying Tracker 2017-15.12.32 (Exp.08.12.32) on VS Dly 4XL AUDvsUSD Series N

China-Australia trade tensions have escalated significantly in 2020-21, with Australian exports of goods having been impacted by an increasing array of trade policy actions by China. Even during 2019, there had been some temporary disruptions of Australian coal shipments to certain Chinese ports, with long delays in permission to unload Australian coal cargoes at Chinese ports.

Australia-China Trade Tensions: The Great Escape?

News for Franklin FTSE Australia ETF ETF (FLAU)