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Bank of America forecasts a 16% increase in global gold prices, potentially reaching USD 3,500 per ounce within 18 months, driven by a 10% rise in non-commercial purchases. Key factors include increased investment from China's insurance sector and central banks raising gold reserves from 10% to over 30%. Retail investors are also contributing, with a 4% year-on-year rise in assets in gold ETFs across major regions, amid economic uncertainties and concerns over U.S. trade policies.
UBS Wealth has revised its S&P 500 target downward, indicating a cautious outlook. However, the firm also notes that there remains "meaningful upside" potential for investors, suggesting opportunities despite the adjustment in expectations.
Access to the page has been denied. However, Bank of America remains a fair investment option, although it is preparing for potential economic downturns. The company is navigating challenges while maintaining its valuation amidst recession concerns.
Britain's Prudential Regulation Authority has proposed increasing the deposit protection limit for savers from £85,000 to £110,000 in the event of a bank failure. This change aims to enhance financial security for consumers, reflecting the evolving economic landscape. The current limit has been in place since 2017.
Goldman Sachs has revised its forecast for U.S. Federal Reserve interest rate cuts, now predicting three cuts in 2025, up from the previous expectation of two. This adjustment comes amid growing concerns over tariffs and the potential for a recession.
Morgan Stanley predicts gold could reach $3,400 an ounce by 2025, driven by increased physical demand from central banks and investors, alongside a potentially favorable macroeconomic environment as interest rates may decline. However, concerns about demand destruction and the need for stabilization in purchasing patterns could limit the rally. Central banks, including the Reserve Bank of India, have shown signs of pausing their gold purchases, which may impact future demand dynamics.
Three banks in Vietnam have recently reduced their deposit interest rates. BVBank lowered rates by 0.1% for terms of 6 to 12 months, with a maximum of 5.55% for a 12-month term. LPBank also cut rates by 0.1%, offering 5% for 12 months and 5.3% for longer terms, while VPBank's rates decreased by 0.1% across all deposit conditions, with a peak of 5.4% for 24 and 36 months. Approximately 27 banks have followed suit in adjusting rates downwards.
Goldman Sachs anticipates the European Central Bank will implement a 25 basis points rate cut in July, influenced by recent softer inflation data from France and Spain. This adjustment aligns with a potentially weaker growth outlook due to upcoming tariffs from the Trump administration.
Goldman Sachs anticipates the European Central Bank will implement a 25 basis points rate cut in July, influenced by recent softer inflation data from France and Spain. This adjustment aligns with a potentially weaker growth outlook due to upcoming tariffs from the Trump administration.
UBS has increased its price target for Airbus from 140 to 175 euros while maintaining a "Neutral" rating. Analyst Ian Douglas-Pennant has raised EBIT estimates for the defense, space, and helicopter sectors, citing Airbus's strong position for European rearmament, despite ongoing supply chain challenges.
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Bank of America forecasts significant rise in global gold prices by 2026
11:45 31.03.2025
ubs wealth reduces s and p 500 target while noting upside potential
11:40 31.03.2025
bank of america maintains fair valuation amid recession concerns
11:37 31.03.2025
UK regulator proposes increase in bank deposit protection limit to 110000 pounds
11:15 31.03.2025
goldman sachs forecasts three fed rate cuts in 2025 amid economic concerns
10:35 31.03.2025
gold prices could soar to 3400 an ounce by 2025 analysts say
10:35 31.03.2025
three banks announce interest rate cuts in late march
09:19 31.03.2025
goldman sachs anticipates ecb rate cut amid soft inflation and growth concerns
08:44 31.03.2025
goldman sachs anticipates ecb rate cut amid soft inflation and growth concerns
08:44 31.03.2025
ubs raises airbus price target to 175 euros maintains neutral rating
08:38 31.03.2025
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