Banks expect gold to surge

Source: Dukascopy Bank SA
Various major banks have published their outlook for gold prices in 2025. In general, most bankers expect the bull run to continue and gold to book new all-time high levels.
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Wed, 02 Oct 2024 15:45:12 GMT

Nike drops targets and cancels event

The US based sportswear firm Nike has announced that it is withdrawing its annual sales target and called off the firm's investor day that was scheduled for 19 of November. The markets reacted to the news by dumping the stock of the firm.

Mon, 07 Oct 2024 18:30:04 GMT

Chinese service and factory activity declines

The Chinese National Bureau of Statistics has published its Purchasing Managers Indices for the services and factory sectors. Both of the indices indicate that the sectors continue to decline.

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