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Friday’s analyst upgrades and downgrades
The Globe and Mail· 4 days agoBMO raised its target price to C$52 from C$50, TD Cowen to C$50 from C$46, and UBS to C$54 from C$53. The average analyst price target is now C$49.25, up...
BofA Taps UBS’s Top Insurance Investment Banker George Matsuzaka
Bloomberg· 7 days agoHave a confidential tip for our reporters? Bank of America Corp. has hired UBS Group AG’s global...
Asian Equities Fall as Trump-Tied Concerns Weigh: Markets Wrap
Financial Post· 15 hours agoStocks in Hong Kong declined the most in the region, while some stocks in China remained lower in...
Why millionaires won't desert a Labour Britain
The i newspaper online iNews· 6 days agoThe UK has the third-largest number of dollar millionaires after the US and China – more than 3 million – but whereas in the rest of the world the ranks...
XAU/USD: Potential CTA selling likely to be offset by physical demand - UBS
Investing.com via Yahoo Finance Canada· 4 days agoGold has shown stronger support than anticipated over the summer, with prices rebounding above $2400 following softer-than-expected US inflation data, according to UBS.
Japanese Yen depreciates, traders remain alert to potential intervention by authorities
The Forex Market· 15 hours agoThe Japanese Yen could limit its downside as traders remain alert to potential intervention by...
The Fed shouldn't cut rates at all this year as the US is poised for a 2nd half rebound, macro...
Business Insider via Yahoo Finance Canada· 20 hours agoFed fund futures indicate that three 25-basis point interest rate cuts could come this year,...
The world's poor get richer
Axios· 5 days agoThe proportion of the world's adults with a net worth of less than $10,000 has plunged this century, from 75% in 2000 to less than 40% in 2023. Why it matters: The trend underscores the astonishing ...
EUR/USD forecast for 2024: UBS presents 3 scenarios that could lead to a decline
Investing.com via Yahoo Finance Canada· 5 days agoThe euro (EUR) has remained in a narrow trading range against the US dollar (USD) for much of 2023, with UBS analysts predicting that this trend may persist into the entire ...
Stock market today: A widespread rally sends Wall Street toward records, even as Big Tech falters
The Canadian Press via Yahoo Finance Canada· 1 hour agoNEW YORK (AP) — U.S. stocks are flirting again with their records Tuesday after several big...