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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS projects the EUR/USD currency pair to rise toward 1.16 by 2025, despite short-term volatility influenced by the upcoming US election and recent economic data. The firm advises investors to sell USD strength, particularly if Trump wins, while maintaining a positive outlook for European growth. They see the recent dip below 1.10 as a chance to reduce USD exposure, with key support at 1.08 and resistance at 1.12 and 1.15.
SAP SE is reevaluating its partnership with Carahsoft Technology Corp. following an FBI raid on the reseller's Virginia office in September. CFO Dominik Asam emphasized the need for assurance in their business relationships, stating, "we have to be absolutely sure that we can rely on a clean partner."
Goldman Sachs Chief U.S. Equity Strategist David Kostin has released a new report that presents a gloomy yet not catastrophic 10-year stock market forecast. This outlook is generating significant discussion on Wall Street as the week begins, emphasizing a cautious approach rather than panic.
UBS forecasts a volatile EUR/USD currency pair, expecting it to rise to 1.16 by the end of 2025, despite short-term risks from the US election. The bank advises selling during USD strength phases, particularly if Trump wins, while maintaining a positive outlook for European growth. Recent US labor market strength and ECB rate cuts are influencing the currency dynamics, with key support at 1.08 and resistance at 1.12 and 1.15.
UBS forecasts a volatile path for the EUR/USD currency pair, predicting it will rise toward 1.16 by the end of 2025, despite short-term risks from the U.S. elections. The firm advises selling during periods of dollar strength, particularly if Trump wins, while maintaining a positive outlook for European growth. Recent U.S. dollar recovery and ECB rate cuts highlight the contrasting economic conditions influencing the exchange rate.
UBS forecasts a volatile period for the EUR/USD currency pair, expecting it to rise to 1.16 by the end of 2025, despite short-term risks from the US election. The firm advises selling during US dollar strength, particularly if Trump wins, while anticipating a rebound in European growth that could positively impact the euro. Investors are encouraged to view recent dips below 1.10 as opportunities to reduce USD exposure, with key support at 1.08 and resistance at 1.12 and 1.15.
The IRS has announced higher capital gains tax brackets for 2025, increasing the taxable income limits for long-term capital gains. For single filers, the 0% rate applies to those with taxable income of $48,350 or less, while married couples filing jointly qualify with $96,700 or less. Additionally, the standard deduction will rise to $15,000 for singles and $30,000 for joint filers.
The IRS has announced new federal income tax brackets for 2025, with rates ranging from 10% to 37% based on income levels. The standard deduction will increase to $30,000 for married couples and $15,000 for single filers. If Congress does not act, these tax cuts will expire, reverting to 2017 levels.
Holger Frey and Bruno Azevedo are key figures in UBS Asset Management's Thematic Equities team, focusing on sustainable investment strategies. Frey, with a background in computer science and musicology, leads the Climate Solutions Equity strategy, while Azevedo specializes in fundamental analysis and portfolio management. Natural refrigerants like ammonia and carbon dioxide are gaining traction due to their low environmental impact and cost-effectiveness. Innovations in CO2 refrigeration systems are expected to enhance energy efficiency, particularly in North America, where adoption rates remain low despite significant growth potential.
The refrigerant market is undergoing a significant transformation due to environmental regulations aimed at replacing high global warming potential (GWP) substances with safer alternatives. The Montreal Protocol and the Kigali Amendment have catalyzed this shift, promoting the use of low to zero GWP refrigerants, such as CO2-based cooling systems, which are projected to grow from USD 48.5 billion in 2023 to USD 140.9 billion by 2030. This change is crucial for mitigating climate change and protecting the ozone layer.
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