The dollar is likely to gain the most if there were a Republican sweep in the U.S. elections, and it would rise by less if Trump won the presidency but Congress were divided, Goldman Sachs said, adding that it would likely weaken if Harris won.
U.S. fixed income could outperform in 2025, as the Federal Reserve cuts rates, the economy weakens and inflation declines according to M&G Investments.
Gold futures rose with investors seeking safe-havens, as Israel-Iran tensions continue to boil and as the direction of U.S. economics and politics remain uncertain, analysts said.
The Hang Seng closed 0.1% higher with the key themes including lowered expectations of aggressive Fed easing after comments from some officials, and a tilt toward pricing in a potential second Trump presidency, Saxo APAC said.
The U.S. Energy Information Administration in its latest Short Term Energy Outlook estimated that national gasoline prices will average $3.20 a gallon in 2025, down from $3.30 this year and $3.50 in 2023.
Piper Sandler analyst Patrick Moley maintained an Overweight rating on Robinhood Markets, Inc (NASDAQ:HOOD) and raised the firmβs price target to $30 from $27. The price target represents ~8 times Moleyβs new 2026 revenue EPS estimate (up from ~7 times 2026 previously) to reflect the incremental revenue opportunity presented by adding index options & futures. Last week, Robinhood hosted its first inaugural Robinhood Markets Summit 2024 and introduced several new products to its customer base. Al
U.S. natural gas futures clawed back some of last weekβs losses while participants remain anxious about demand heading toward the winter heating season.
The Wegovy makerβs once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial.
Spravato, a depression treatment derived from club drug ketamine, was looking like a dud. Its recent success now shows a path forward for psychedelic-based medicines.