BNP Paribas shares fell further, tumbling 9.8%, setting the stage for their worst one-day performance since March 2023.
[Spot gold breaks through the 3,700 mark in one fell swoop, and major investment banks are collectively bullish on gold] 1. Banco Paribas: It is expected that gold will reach $4,000/ounce in 3-6 months. 2. Bank of America: Maintain the target of gold prices reaching $4,000 in 2026. 3. State Street Asset Management: The possibility of another $500 increase in gold in the next 6-12 months is high. 4. Goldman Sachs Bank: If the Fed's credibility is damaged, the price of gold may rise to nearly $5,0...
1. BNP Paribas: It is expected that the monthly rate of core CPI in the United States will remain at 0.3% in May. 2. Swissquote Bank: The US CPI data and the FOMC statement will be the key drivers of the market in the coming weeks. 3. UBS: The US dollar may peak in the coming months. 4. HSBC: There is a hawkish risk in the Federal Reserve, and it can buy risky assets on the dip. 5. HSBC: The economic growth outlook improves, and the Bank of Thailand may stay put this week. 6. UBS: European credi...