Market Sees BOE Rate Cuts In 2024

🇬🇧 🇬🇧 Economist poll now sees the Bank of England cutting rates in Q3 2024

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Ermotti: Need A Downturn To Lower Inflation

🚨 🚨 “I don’t see how you can bring back inflation without creating an economic downturn,” says UBS CEO Sergio Ermotti

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This Pharma Stock Has 62% Upside

🚨 🚨 Wells Fargo sees a pharmaceutical stock climbing 62% on the back of anticipated strong demand for its new drug

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Affirm Pops

💵 💵 Affirm pops 14.1% after surpassing Wall Street’s first-quarter revenue expectations

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Virgin Galactic Beats

🚀 🚀 Virgin Galactic Shares rose nearly 9% after the space tourism company beat third-quarter expectations

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Goldman Boosts China Growth Forecast

🇨🇳 🇨🇳 Goldman Sachs Boosts China Growth Forecast to 4.8%, Citing Government Easing Measures

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USDJPY: Bull Run Still Intact

🇯🇵 🇯🇵 USD/JPY – Chart Shows Bears Remain Trapped, Scope For More Gains. USD/JPY’s scope grows for a recovery to retest the recent 2023 151.74 peak

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Markets Price An End To Rate Hikes

🚨 🚨 Rates traders are betting that the steepest global tightening cycle in a generation is over and that monetary easing will begin from mid-2024

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Low Oil Price: Saudis Blame Speculators

🇸🇦 🇸🇦 Oil demand is healthy and speculators are to blame for the recent drop in crude prices, said Saudi Arabia’s energy minister

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