Oil prices have surged by 8% this week due to escalating geopolitical tensions in the Middle East, particularly following President Biden's comments on potential U.S. support for Israeli strikes on Iranian oil facilities. This situation could disrupt Iran's oil exports and impact the Strait of Hormuz, leading to a possible "short squeeze" among speculators. Technical analysis suggests WTI oil could rise to $76 or even $80 per barrel, depending on the aftermath of these developments.
IG
10:30 04.10.2024
UBS has raised its price target for Tesco, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA disclaiming any responsibility for its content and ensuring no conflicts of interest affect its objectivity.
10:09 04.10.2024
The de-identified health data market is projected to grow at a CAGR of 9.0% from 2024 to 2030, driven by increasing demand from healthcare providers and pharmaceutical companies for research and drug development. Key players include IQVIA, Oracle, and Veradigm, with recent collaborations enhancing data utilization in clinical trials and precision medicine. North America leads the market, benefiting from advanced healthcare infrastructure and stringent data privacy regulations.
UBS Chairman Colm Kelleher has sharply criticized Switzerland's banking regulator, Finma, for its failure to act on warning signs regarding Credit Suisse, which he claims has been unviable since 2015. He argues that while Finma issued letters, it did not take decisive action, allowing significant risks and misconduct to persist, ultimately leading to a costly emergency rescue. Kelleher emphasizes that the responsibility for the crisis lies primarily with Credit Suisse's management and board, while questioning why Finma did not intervene more effectively despite its expanded powers.
09:00 04.10.2024
Liechtensteinische Landesbank AG (LLB) experienced a slight price decline of 0.33% to EUR 75.75 on October 4, 2024, despite a year-on-year increase of 13.48%. The bank announced a dividend of EUR 2.70 per share for the 2024 financial year, yielding 3.56%, and has a P/E ratio of 11.97, indicating a solid investment opportunity. Recent analyses suggest shareholders may need to consider their options regarding buying or selling shares.
09:00 04.10.2024
DSV shares rose by 7% after raising $5.5 billion to finance the acquisition of Schenker, boosting its earnings forecast. Recordati gained 4% following its acquisition of Sanofi's Enjaymo rights, while Skanska and Groupe Pizzorno also saw increases due to new contracts and positive financial results. Conversely, shipowners Hapag-Lloyd and AP Moller Maersk dropped 12% and 6%, respectively, after the end of a US port strike that had previously inflated shipping prices.
09:00 04.10.2024
UBS has recommended a 5% allocation to gold in diversified portfolios, highlighting its role as a hedge against market volatility. As physical demand for gold and silver rises, particularly in Asia, the silver market faces pressure from low stock levels and weak investor interest. Meanwhile, gold has reached record highs in Swiss francs, reflecting its growing importance as a defensive asset.
09:00 04.10.2024
Manulife Investment Management has appointed Calvin Lim, a former executive from Bank of Singapore, as an alternatives investment specialist based in Singapore. He will focus on expanding the firm's private market capabilities in Asia, including private equity, private credit, and real assets. Hui-Jian Koh, CEO of Manulife Investment Management Singapore, emphasized the importance of these capabilities in meeting investors' income needs in a changing market.
09:00 04.10.2024
The U.S. added 254,000 jobs in September, significantly surpassing expectations and marking a revision upward for previous months. The unemployment rate fell to 4.05%, the lowest since May, while average wages increased by 0.4% month-over-month, prompting speculation about potential interest rate cuts by the Federal Reserve in upcoming meetings.
IG
09:00 04.10.2024
Recent financials reveal DKSH Holding's net income rose to CHF 111.2 million, despite a slight dip in sales. EFG International reported a net income of CHF 162.8 million for H1 2024, with a dividend yield of 4.74%, while CPH Group's high payout ratio raises concerns about dividend sustainability.
09:00 04.10.2024
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings