UBS has reduced its target price for RWE to 45 euros while maintaining a 'Buy' rating. Investors are cautioned about the significant risks associated with trading financial instruments and cryptocurrencies, which can lead to substantial losses. It is advisable to seek independent financial advice before engaging in such trading activities.
Swiss investors are capitalizing on US election-linked opportunities, with the Vontobel Republican 2024 US Election Index certificate outperforming its Democratic counterpart by over 15%. The Republican version benefits from US banking sector stocks, while European banks face challenges due to strict regulations and low interest rates. New structured products, including BRCs and autocallables, are emerging in both the Swiss financial and US healthcare sectors, reflecting investor sentiment amid political changes.
UBS analysts have identified renewable energy stocks as a prime buying opportunity despite recent electoral challenges, emphasizing a favorable entry point after significant losses. They remain optimistic about the sector's growth potential, driven by increasing power demands and state-level commitments to clean energy, even as Trump’s administration may scale back Biden-era initiatives. Key stocks recommended include NextEra Energy and various European players, with historical data supporting solar growth during Trump's previous term.
Ralf Vielhaber, Managing Director of Fuchsbriefe, evaluates the performance of Liechtenstein banks in a recent comparison test. He highlights the importance of modern financial planning as a strategy to manage assets effectively for longevity, emphasizing the need for smart hedging to ensure financial security into old age.
US equity markets surged, with the Dow Jones gaining 461 points as investors shifted to cyclical stocks amid a resilient economy, while the ASX 200 hit a record high of 8446, driven by strong energy, banking, and resource sectors. Key economic indicators showed a decline in US housing starts and a drop in jobless claims, while inflation rates in the UK and Japan saw mixed results. Upcoming data releases include the US FOMC meeting minutes and Australia's monthly CPI indicator, which may influence future monetary policy decisions.
Asian markets are poised for a positive start, with major indices like the Nikkei and ASX showing gains. The Singapore Blue Chip index is nearing its November 2021 high, having surged nearly 33% since August, while Japan's CPI data supports potential rate hikes by the Bank of Japan.
Despite stronger-than-expected UK inflation data, market sentiment remains bearish on the British pound following a recent rate cut by the Bank of England. The pound briefly rose above $1.27 against the dollar but quickly lost ground, driven by the dollar's strength and the BoE's cautious policy approach. UBS indicates that this trend will likely keep sterling under pressure.
UBS Wealth Management is set to relocate its Coral Gables office to a new boutique building at 4225 Ponce, which is currently under construction in the southern business district. The new office is expected to open next year, as the global wealth manager expands its presence in the area.
The yen's strength has led to declines in GBP/JPY and EUR/JPY, with GBP/JPY unable to maintain recent gains and testing support at ¥194.00. EUR/JPY has also dropped, with potential targets at ¥162.00 and ¥158.00. Meanwhile, EUR/GBP continues to fall, aiming for £0.83 and the November low at £0.8260, reflecting a persistent bearish trend.
RTL Group has revised its annual revenue forecast down from €6.6 billion to €6.3 billion due to ongoing weakness in the TV advertising market and reduced production revenues. The company's stock has suffered significantly, hitting a record low of €23.65 amid these challenges, with analysts downgrading their ratings and target prices. Despite growth in its streaming segment, the overall financial outlook remains bleak as the media conglomerate grapples with a declining advertising business.
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.