Investing.com — Gold prices are expected to continue their upward momentum in 2025, as per analysts at UBS, driven by two key factors: declining interest rates and persistent geopolitical risks. These elements are set to reinforce gold’s status as a safe-haven asset while also benefiting from broader economic conditions anticipated in the coming year. The…
Investing.com – Barclays on Friday lifted its target price on Walmart Inc (NYSE:WMT) stock by $12 to $90, after world largest retailer reported its third quarter earnings this week, with brokerage noting strong operational performance in the US, particularly in grocery and general merchandise, as well as ongoing expansion of its marketplace. Barclays (LON:BARC) however flagged…
Investing.com — Deutsche Bank analysts predict the Federal Reserve will implement a 25-basis-point rate cut in December, followed by an “extended pause” that keeps interest rates above 4% through 2025. This outlook reflects the impact of anticipated economic policy changes under the incoming Trump administration and persistent inflationary pressures. The analysts highlight that while “the Republican…
Investing.com – Brent crude prices have retreated to the low-to-mid $70s a barrel, which reflects market confidence in a large 2025 surplus, according to Goldman Sachs, but the influential investment bank sees upside risks in the short term. At 08:55 ET (13:55 GMT), Brent crude traded 0.6% lower to $73.78 a barrel, 4% higher this…
Investing.com — US equity funds are set to experience a record-breaking year with annualized inflows reaching $448 billion, Bank of America reported. Money market funds are also witnessing unprecedented demand, projected to receive “massive” inflows of $1.1 trillion in 2024. In the week ending November 11, equity funds attracted $14.4 billion, while bonds saw inflows…
(Reuters) -Honeywell will sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash, it said on Friday, further streamlining its business. A potential sale of the PPE business was disclosed before activist Elliott Investment called for a split of the company’s aerospace and automation businesses after taking a $5…
Investing.com — US stock futures traded in a muted fashion Friday, at the end of a generally positive week. Here are some of the biggest premarket US stock movers today: Gap (NYSE:GAP) stock rose 18% after the fashion retailer raised its annual sales forecast and said the holiday season was off to a “strong start”….
