Swiss Market Index (SMI) and USD/CHF analysis ahead of SNB decision
The Swiss Market Index (SMI) and the Swiss franc (CHF) will be in the spotlight this week as the Swiss National Bank (SNB) delivers its interest rate decision. The USD/CHF…
Economy
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BMO strategist predicts S&P 500 could surge to 6,100 following Fed rate cuts
S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains in the months ahead. The benchmark…
EU announces €35 billion loan to Ukraine as part of G7 aid plan
European Commission President Ursula von der Leyen travelled to Kyiv on Friday to announce a €35 billion loan for Ukraine, marking a significant step in the G7’s broader $50 billion…
As Fed lowers rates, advisors urge shift from cash to higher-risk investments
Investment advisors are now recommending that clients reconsider large cash positions as the Federal Reserve begins its anticipated easing of interest rates. With this shift, money-market funds, which have seen…
Bank of England holds interest rates steady despite US Fed’s jumbo rate cut
The Bank of England (BoE) held its interest rates steady on Thursday, resisting a rate cut despite the US Federal Reserve’s substantial reduction just a day earlier. The decision follows…
Why Indian investors are rushing to secure Greece’s Golden Visas before new rules take effect
Indian investors are flocking to Greece’s Golden Visa Programme in a race to secure residency permits before new regulations raise the investment threshold. Between July and August 2024, property purchases…
With Fed cutting rate, will the RBI follow suit? Analysts weigh in
With the US Federal Reserve slashing rates by 50 bps, analysts in India have begun to weigh in on whether whether the Reserve Bank of India (RBI) will follow suit…
BMO strategist predicts S&P 500 could surge to 6,100 following Fed rate cuts
S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains in the months ahead. The benchmark…
Has Jerome Powell managed the impossible, or was it just luck?
On December 14, 2022, Federal Reserve Chair Jerome Powell made a candid admission: “I wish there was a completely painless way to restore price stability. There isn’t, and this is…
Wage growth is still losing the battle against inflation: Will paychecks finally catch up?
American workers have faced an uphill battle over the past few years, as wages continue to lag behind the persistent rise in prices. Despite signs that inflation is cooling from…