{
}
Australian inflation rose 2.4% year-on-year in February, below expectations, indicating a disinflationary trend that may influence policymakers' decisions on interest rates. Despite some softness in employment, improved PMI numbers and GDP performance support a gradual return to neutral rates, with a potential 25 basis point cut in May.In currency markets, AUD/JPY faces resistance at 95.81, while USD/JPY is attempting a bullish reversal, needing to break the March 3 high of 151.31 to confirm upward momentum. Both pairs are influenced by recent shifts in risk sentiment and trade dynamics.
Nintendo shares surged over 6% in Tokyo, marking the largest gain in more than seven months, following Goldman Sachs' optimistic outlook on the upcoming Switch 2 console. The investment bank reinstated its coverage with a buy rating and set a 12-month price target of ¥13,600, indicating a potential 26% upside from the previous close.
Jamie Dimon, CEO of JP Morgan, hints at retirement, raising questions about his successor amid a competitive landscape. Potential candidates include Daniel Pinto, Jennifer Piepszak, Marianne Lake, Troy Rohrbaugh, and Mary Callahan Erdoes, each bringing unique strengths. The evolving cultural climate poses challenges, particularly for a female CEO, as the bank navigates its approach to diversity and inclusion.
Warren Buffett has significantly increased Berkshire Hathaway's cash position to over $300 billion, indicating a strategic shift in his investment approach. Recent filings reveal a notable boost in holdings of Japanese stocks, suggesting that Buffett sees potential in this market as the next big opportunity.
Coherent Market Insights, headquartered in India with offices in the U.S., UK, and Japan, provides reliable market reports across various sectors in over 57 countries. Their research on the Cell Therapy Manufacturing Market includes insights on market dynamics, competitive analysis, and growth potential, aiding clients in informed decision-making and strategic planning. The report highlights key trends, driving factors, and profiles of major players, ensuring clients stay updated on industry developments.
Goldman Sachs advises investors to adopt a balanced and diversified portfolio strategy amid rising market volatility. The firm recommends an overweight position in equities and bonds, while maintaining a neutral stance on commodities and cash, and an underweight position on credit. Specific hedging strategies, such as put spreads on oil and selling risk-reversals on the EUR/CHF currency pair, are suggested to mitigate risks associated with potential economic downturns and geopolitical tensions.
Goldman Sachs has upgraded Japan Tobacco's stock rating from Neutral to Buy, raising the price target to JPY5,000, citing strong growth prospects with a projected 4.5% CAGR in adjusted operating profit and 6.1% in net profits through 2025. Despite a recent share price decline, the firm sees potential for increased shareholder returns, supported by improved free cash flow and a consistent dividend yield of 3.25%. Meanwhile, JPMorgan has initiated coverage with a Neutral rating and a price target of JPY4,500, highlighting the company's investments in reduced-risk products while maintaining its traditional cigarette business.
Yen bulls are considering positions as the USD/JPY experiences a decline driven by long positions in the yen, contrasting last year's short covering. Analysts suggest a potential correction to 152.50 this week, but caution against chasing higher rates due to upcoming US tariffs and a possible Bank of Japan rate hike in May that could strengthen the yen.
Citigroup has appointed Akira Hoshino as the head of markets for Japan, effective immediately. Hoshino, who previously led the foreign exchange and rates sales divisions, will focus on driving business growth and overseeing the Markets franchise in Japan. With over 30 years of global markets trading experience, he will report to Paul Smith and Robert Nakamura.
Asian shares showed mixed results, with Chinese markets declining after a rally on Wall Street driven by tariff hopes. The Nikkei 225 rose 0.3%, while Hong Kong's Hang Seng fell 2.2%. U.S. futures dipped slightly, and oil prices remained stable as investors await key economic updates this week.
Japanese Yen
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Australian inflation eases as markets eye interest rate adjustments
03:41 26.03.2025
nintendo shares rise as goldman predicts switch 2 will boost users
02:37 26.03.2025
the race to succeed jamie dimon at jp morgan intensifies
Japanese Yen
United States Dollar
Unilever PLC
BlackRock, Inc.
Bank of America Corporation
Citizens, Inc.
UWS JP Morgan EM A OSB
USA
Jane Fraser
Jennifer Piepszak
Marianne Lake
Jamie Dimon
Mary E. Erdoes
Daniel E. Pinto
Troy Rohrbaugh
Kamala Harris
Show more
14:34 25.03.2025
Warren Buffett signals potential in Japanese stocks for future investments
13:47 25.03.2025
global insights into cell therapy manufacturing market trends and opportunities
Indian Rupee
Japanese Yen
United States Dollar
British Pound Sterling
EGY
ITA
JPN
IND
FRA
KOR
DEU
SAU
ARE
BRA
ARG
CHN
NGA
COL
GBR
USA
Alice Mutum
Show more
12:29 25.03.2025
Goldman Sachs advocates diversification and balance amid market volatility
11:41 25.03.2025
Goldman Sachs upgrades Japan Tobacco to Buy with increased price target
10:38 25.03.2025
yen bulls consider positions as usd jpy faces potential correction
09:48 25.03.2025
citigroup names akira hoshino as head of markets for japan
Japanese Yen
United States Dollar
Citigroup Inc.
Robert Nakamura
Sherin Sunny
Akira Hoshino
Eileen Soreng
Paul Smith
Show more
07:01 25.03.2025
Asian markets mixed as Chinese shares decline following Wall Street rally
Euro
Japanese Yen
United States Dollar
NVIDIA Corporation
23andMe Holding Co.
Beacon Roofing Supply Inc.
James Hardie Industries plc
Tesla, Inc.
Apple Inc.
THA
KOR
VEN
HKG
JPN
TWN
USA
CHN
Damian J. Troise
Matt Ott
Alex Veiga
Show more
05:57 25.03.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Industry Mergers & Acquisitions
Workplace Trends
Global Financial Events
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
CEO Changes
Market Analysis and Predictions
Government Policies
Startups & Entrepreneurship
Global Trade Developments
Financial Scams and Security
Private Equity Deals
Central Bank Actions
Supply Chain Management
Government Economic Policies
Domestic Politics
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Barclays PLC
Credit Suisse Lux Digital Healt
Bank of America Corporation
Deutsche Bank Money Market PP
UBS Group AG
BNP Paribas SA
Wells Fargo & Company
The Goldman Sachs Group, Inc.
Apple Inc.
Commerzbank AG
Banco Santander, S.A.
UniCredit S.p.A.
Amazon.com, Inc.
Danske Bank A/S
NVIDIA Corporation
SpaceXCoin USD
HSBC Holdings plc
HSBC HOLDINGS
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Indian Rupee
Japanese Yen
Danish Krone
Hong Kong Dollar
Australian Dollar
South Korean Won
Singapore Dollar
Russian Ruble
Offshore Chinese Yuan
Canadian Dollar
Mexican Peso
Indonesian Rupiah
Turkish Lira
Chilean Peso
United Arab Emirates Dirham
People: