Bostic comments on rate cuts

Source: Dukascopy Bank SA
President of the Atlanta Federal Reserve Raphael Bostic has revealed to Reuters that he is open to another 0.50% Federal Reserve interest rate cut.
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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.

Tue, 08 Oct 2024 03:30:05 GMT

Banks expect gold to surge

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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