Foreign 1. Goldman Sachs raised its forecast for gold prices at the end of the year to $3,100. 2. Holland International: The situation in Russia and Ukraine is still unclear, and the increase in the euro is expected to be limited. 3. Barbados: The Federal Reserve's interest rate cut may be delayed until mid-2026. 4. Deutsche Bank: The Bank of Japan's interest rate hike expectations have been fully reflected, and the yen's strength may not be sustainable. 5. Bank of America: It is expected that t...
Goldman Sachs has raised its forecast for gold prices by the end of 2025 to $3,100 per ounce.
Goldman Sachs raised its near-term iron ore price forecast to $100 a tonne.
UBS: Upgraded its gold price forecast for the next 12 months to $3,000 an ounce.
Morgan Stanley: Downgraded its forecast for UK GDP growth in 2025 to 0.9%, from a previous forecast of 1.3%.
Citi raised its forecast for the average price of WTI crude oil in Quarter 1 to $67/barrel in 2025, and raised its forecast for the average price of Brent crude oil from $65/barrel to $71/barrel.
Russian companies have started using bitcoin and other digital currencies in Global Payments after legislative changes to allow them in response to Western sanctions, Russian Finance Minister Anton Siluanov said on Wednesday. This year, Russia allowed the use of cryptocurrencies in foreign trade and has taken steps to legalize the mining of cryptocurrencies, including bitcoin. Russia is one of the leading countries in the world for bitcoin mining. Siluanov said: "Such transactions...
On December 13, Wang Qing, chief macro analyst of Dongfang Jincheng, said that the counter-cyclical adjustment of fiscal policy is "extraordinary", which may be mainly reflected in a relatively large increase in the deficit rate. It is expected that the deficit rate will be raised from 3% this year to about 4% next year (increasing the fiscal spending capacity equivalent to 1.30 trillion). Under the more active fiscal policy, it is expected that the national general public budget expenditure wil...
Barclays analysts said they raised their price target for MicroStrategy (MSTR. O) to $515 from $275. At press time, MicroStrategy was now trading at $402.
Stifel: Raised its target price for Tesla (TSLA. O) to $411 from $287.