Broker Forecasts - Brokers’ take: Maybank raises Dyna-Mac target on higher earnings forecast
22-07-2024 00:44
Mac, after the offshore oil and gas contractor said it expects a “significant improvement” in net profit for the first half of 2024. Read more at The Business Times.
AUD to USD Forecast: PBoC Decisions Could Boost Australian Dollar Demand
Weaker demand from China may affect the Aussie labor market, impacting wage growth and near-term AUD/USD trends.
Pound Sterling Price News and Forecast: GBP/USD hits hard by sharp contraction in UK Retail Sales
The Pound Sterling (GBP) extends its correction against the majority of its peers in Friday’s New York session. The British currency slides further as the United Kingdom (UK) Office for National ...
Broker tips: AJ Bell, Dunelm
Analysts at Berenberg hiked their target price on financial services firm AJ Bell from 370.0p to 410.0p on Friday after the group's Q3 earnings on 18 July sent shares up roughly 6% on the day.
EUR/USD Forecast – Euro Continues to See Choppiness
The euro continues to see a lot of noise at the moment, and the drop that we have seen over the last day or so shouldn’t be a huge surprise. Now that the ECB is out of the way, we are likely to bounce ...