ADVFN US – Market Content Editor
-
Dow Jones, S&P, Nasdaq, Markets brace for U.S. jobs data as tariff dispute continues
U.S. financial markets are closed Monday for Labor Day, but investors are gearing up for a critical week, with the release of fresh labor market data expected to influence Federal Reserve rate-cut expectations. At the same time, the legal battle over Trump-era tariffs is intensifying, with a federal appeals court recently striking down the levies.…
-
Gold Hits Four-Month Peak on Fed Rate-Cut Hopes and Trade Uncertainty
Gold surged to a four-month high in Asian trading on Monday, driven by expectations of a Federal Reserve interest rate cut and heightened safe-haven demand amid U.S. tariff uncertainty and political developments affecting the central bank. Spot gold rose 0.9% to $3,480.56 an ounce, the strongest since mid-April, while December futures climbed 1% to $3,551.82/oz…
-
Asian Currencies, Dollar Hold Steady as Traders Watch Fed and Regional PMIs
Most Asian currencies and the U.S. dollar showed little movement on Monday as traders weighed the odds of a Federal Reserve rate cut later this month, ahead of important U.S. payroll figures scheduled for the end of the week. With U.S. markets closed for a public holiday, investors turned their attention to regional economic data,…
-
Oil Extends Losses as Traders Downplay Sanction Risks on Russian Crude
Oil prices continued to slide in Asian trading on Monday after posting monthly declines in August, as investors appeared to discount the risk of immediate supply disruptions from potential secondary sanctions on Russian oil. Market attention turned instead to Chinese factory data for signs of demand. By 23:01 ET (03:01 GMT), Brent crude for October…
-
Barclays Sees Growing Risks for Chip Equipment Suppliers as Chinese Demand Slows
Chip equipment manufacturers are facing rising challenges in China, where local competitors are gaining traction and demand patterns are beginning to shift, Barclays analysts warned. The bank now projects a 5% decline in China’s wafer front-end (WFE) spending for 2025, followed by a 5% rebound in 2026. However, the outlook appears less favorable for Western…
-
Morgan Stanley sees AWS growth potentially exceeding 20% in 2026
Amazon Web Services (AWS) (NASDAQ:AMZN) could experience growth above 20% in 2026 as the company expands capacity to meet increasing demand, according to Morgan Stanley. In an updated analysis of capital expenditures and projected data center space, the bank’s analysts said they now have “more conviction that AWS growth has the potential to accelerate to…
-
UBS Forecasts Modest Global Airline Profit Growth in 2025
UBS anticipates global airline profits will expand in the mid-single digits next year, with net earnings projected to rise from $32 billion in 2024 to $35 billion, based on IATA’s forecasts. The bank expects passenger traffic to grow 6.5% in 2025, slightly above IATA’s 5.8% projection, with year-to-date growth currently at 5.8%. Passenger fares are…
-
UBS Sees Yuan Gaining Ground Against U.S. Dollar
UBS has revised its outlook for the Chinese yuan, forecasting that the currency will climb roughly 3% against the U.S. dollar over the next year. The Swiss lender now expects the USD/CNY exchange rate to settle at around 6.95 within 12 months, marking a clear strengthening from current trading levels. The projection follows news that…
-
BofA Raises Long-Term Gold Forecast to $2,500, Keeps $4,000 Target in View
Bank of America (BofA) analysts have increased their long-term gold price target by 25% to $2,500 per ounce, citing enduring factors that have supported the metal’s rally in recent years, according to a note released Friday. Silver forecasts were also revised upward, with a long-term target raised by 30% to $35 an ounce. The updated…
-
UBS Warns AI Stock Valuations Are Approaching Dotcom-Era Levels
UBS has cautioned that valuations in artificial intelligence stocks are reaching heights reminiscent of the dotcom boom, raising concerns about sustainability despite record levels of investment from U.S. tech giants. According to the bank, the U.S. technology sector is currently trading at a HOLT Economic price-to-earnings (P/E) multiple above 35 times—levels comparable to those seen…