Category: Forecast
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UBS maintains RBA rate cut forecast, weighs in on AUD/USD By Investing.com
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UBS on Thursday provided insight into Australian Federal Treasurer Jim Chalmers’ third budget announcement, which announced a second successive surplus of A$9.3 billion. Despite this positive result, UBS highlighted a projected deficit of A$28.3 billion for the 2024-25 financial year, a wider figure than the Treasury’s previous forecast. The company…
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Analysts Forecast Explosive 200% Rally
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Floki Inu (FLOKI), a meme coin inspired by Elon Musk’s Shiba Inu puppy, is causing a storm, with analysts predicting a potential price rise of 120% to 200% in the coming months. This comes amid a period of impressive performance for FLOKI, defying the overall market slowdown. Related reading Floki…
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Disney posts surprise profit in streaming, raises earnings forecast
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Written by Lisa Richwine LOS ANGELES (Reuters) – Walt Disney’s streaming entertainment unit reported its first earnings on Tuesday, two quarters ahead of schedule, and the media company raised its annual earnings per share forecast, as it said its turnaround efforts were paying off. The company’s shares fell 1.4% in…
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OECD cuts Israel’s growth forecast
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The Organization for Economic Cooperation and Development says the Israeli economy will grow by 1.9% in 2024 and 4.6% in 2025 in its latest report on the global economy. Before the war, the OECD forecast economic growth of 3.3% this year in Israel. The OECD’s latest forecast is lower than…
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GSK raises full-year profit forecast, says first-half will see stronger sales By Reuters
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