{
}
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
easyJet plc, a leading low-cost airline in Europe, carried 82.8 million passengers in 2022/23, with passenger transport accounting for 63.9% of its sales. The company operates a fleet of 336 aircraft, with the UK contributing 53.2% of its revenue, followed by other European regions.
The EUR/USD rate faces pressure ahead of the US CPI inflation data, crucial for the Fed's upcoming rate decision. A consensus increase of 0.27% in CPI could bolster the dollar, while a smaller rise may lead to a Fed rate cut, impacting the greenback negatively. Technically, EUR/USD has stabilized near a one-year low, with a breakout from its current range likely to dictate short-term trends. A breakout above $1.06 could target $1.08, while a drop below $1.04 may lead to parity.
FTSE 100, DAX 40, and S&P 500 are showing mixed movements ahead of the anticipated US November CPI data release. The FTSE 100 has dropped to a three-week low at 8,235, while the DAX 40 finds minor support around 20,260. The S&P 500 is probing its wedge support line near 6,028, with a potential fall towards the psychological 6,000 mark if breached.
Gold prices have surged, recovering from a recent selloff and targeting $2720, with further gains possible towards $2790. WTI crude oil shows signs of stabilizing, needing to maintain above $72.00 for a bullish outlook, while natural gas has formed a higher low, aiming for November's 3600 highs.
UBS is restructuring its US wealth management business to target a wider range of affluent clients, excluding the ultra-wealthy. The new structure will consist of six divisions, including regional centers for wealth management, an international client division, and a "Wealth Advice Center" for clients with lower assets, primarily utilizing digital services. Rob Karofsky will lead the US wealth management division, aiming for growth in this sector.
The St.Gallen region is experiencing high demand for residential properties, with only 3.5% of condominiums for sale, compared to the national average of 4.6%. While condominium prices have risen by 2.7%, single-family home prices remain stable. Experts predict continued price increases in 2025 due to strong demand and falling mortgage rates.
The Rhine Valley continues to lead St. Gallen in real estate supply, with a 4.6% supply ratio despite a slight decline in condominiums. While new single-family home construction is decreasing, prices remain high, with a 2.2% increase to nearly CHF 1.6 million, and condominiums rising 4.8% to around CHF 910,000. Strong population growth and rising demand are expected to sustain price increases, although economic risks from international companies may affect buyer willingness.
Japan's wholesale prices have risen for three consecutive months, driven by increased costs for food, non-ferrous metals, and plastics, prompting speculation of a potential interest rate hike by the Bank of Japan in December. Meanwhile, the dollar has seen mixed performance against Asian currencies, losing ground to the yen but gaining slightly against the yuan and Swiss franc. The euro remains stable against the dollar while appreciating slightly against the franc.
Walgreens Boots is in talks for a sale to Sycamore Partners, while Domino’s bids for Wingston’s UK franchise. In a significant move, a federal judge blocked Kroger's $24.6bn merger with Albertsons, favoring antitrust regulators. Meanwhile, Evergrande's liquidation efforts face challenges as its assets are primarily in mainland China, complicating recovery for investors.
Stephan Elmenhorst, head of the index team at Swiss Life Asset Managers, emphasizes the active approach within indexed investing, aiming for minimal tracking error while strategically deviating from index rules to enhance returns. With over CHF 2 billion managed across 17 funds, the team is capitalizing on the growing demand for indexed funds, particularly following the decline of Credit Suisse, and leveraging established relationships to attract institutional investors. Elmenhorst advocates for diversification and low-cost index solutions as essential components of a balanced investment portfolio.
Market Updates
SubCategory
11:36 11.12.2024
10:43 11.12.2024
10:16 11.12.2024
09:48 11.12.2024
09:37 11.12.2024
09:20 11.12.2024
09:07 11.12.2024
Japanese Yen
United States Dollar
Euro
Swiss Franc
Chinese Yuan
Boeing Co
GENERAL MOTORS
Oracle Corp
JPN
Takeshi Minami
Show more
06:10 11.12.2024
United States Dollar
Stellantis N.V.
McKinsey & Company Inc.
Domino's Pizza, Inc.
Walgreens Boots Alliance, Inc.
Barclays PLC
Rolls-Royce Holdings plc
Airbus SE
Blackstone Inc.
Thames Water plc
Barrick Gold Corp
LUX
GBR
USA
CHE
NLD
BEL
CHN
Tabby Kinder
Maria Heeter
Ivan Levingston
Arash Massoudi
Ortenca Aliaj
Eric Platt
Tiffany Wong
Antoine Gara
Kaye Wiggins
Robert Smith
Hui Ka Yan
James Fontanella-Khan
Edward Middleton
Javier Espinoza
George Hammond
Show more
06:00 11.12.2024
05:31 11.12.2024
Trending
Subcategory:
Cryptocurrency Markets
Stock Market Updates
Cryptocurrency Trends
Central Bank Actions
Market Sentiment Analysis
Decentralized Finance (DeFi) Innovations
Hedge Funds & Private Equity
Cryptocurrency Regulations
Inflation Rates & CPI Data
Market Analysis and Predictions
Anti-Money Laundering (AML) Regulations
Banking Regulations
Cryptocurrency & Blockchain Regulations
Tokenomics and Crypto Economics
Employment Reports
Banking & Investment Regulations
ESG & Sustainable Finance Regulations
Bond Market & Treasury Yields
Mergers & Acquisitions
Community Building in Blockchain Gaming
Countries:
Companies:
Currencies:
People:
Apple Inc.
JPMorgan Chase & Co.
Bank of America Corporation
Kraken Energy Corp.
The Goldman Sachs Group, Inc.
Solana USD
NVIDIA Corporation
Citigroup Inc.
Morgan Stanley
Coinbase Global, Inc.
Bitwise Bitcoin ETF
Ripples USD
Grayscale Bitcoin Trust ETF
Novartis AG
BlackRock, Inc.
Credit Suisse Real Estate Fund Siat
Santiment Network Token USD
BTG Pactual Chile S.A. Administradora General De Fondos - Liquidez Alternativa Fund
Ethereum USD
Ripple USD USD
United States Dollar
Japanese Yen
Swiss Franc
Euro
Indian Rupee
Chinese Yuan
British Pound Sterling
Philippine Peso
Malagasy Ariary
Singapore Dollar
Australian Dollar
Hong Kong Dollar
Armenian Dram
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.