Vanguard analysts unveil 2025 inflation, economy, and stocks forecast
The financial services company shares its views on the year ahead.
The financial services company shares its views on the year ahead.
Why continuous glucose monitoring and consumer health insights joining forces is beneficial for everyone.
LONDON (Reuters) -The dollar fell broadly on Monday, while European stocks jumped, after an official for the incoming U.S. administration said President-elect Donald Trump would stop short of imposing tariffs at his inauguration, which takes place later in the day. European equity markets were firmly in positive territory in afternoon trading after the Wall Street Journal reported Trump would not impose import tariffs immediately after he's sworn in later on Monday. The dollar tumbled by as much as 1.3% at one point, falling particularly hard against the currencies of the United States' largest trading partners, such as the Canadian dollar, the Mexican peso, the euro and China's yuan.
The Nasdaq Composite gained 30% in 2024, while Ark Innovation ETF returned just 8.4%.
German specialty chemicals maker Lanxess said on Monday it expected its fourth-quarter core profit to exceed market expectations by more than 20%, largely due to pre-buying by U.S. customers ahead of Donald Trump’s inauguration given the threat of potential tariffs. Shares in Lanxess, which makes high-end speciality chemicals such as additives, lubricants, flame retardants and plastics, were up 6.4% in afternoon trading. "The fourth quarter was positively influenced by a stronger than expected December, in particular due to customers’ pre-buying," the company said in a statement, flagging that the underlying macroeconomic environment had not improved.
Futures on the Dow Jones Industrial Average rose in electronic trade and the U.S. dollar slumped Monday after a report that President-elect Donald Trump won’t impose new tariffs during his first day of office.
Johnson & Johnson is set to report earnings before the bell Wednesday, with analysts expecting revenue and profit growth from the same time last year.
Santander entered the UK retail banking market in 2004 with the Abbey National takeover.
Proctor & Gamble is set to report fiscal second-quarter earnings before the opening bell Wednesday, with analysts calling for revenue and earnings growth.
LONDON/SINGAPORE (Reuters) -The dollar drifted lower and global stocks were cautiously positive on Monday as investors awaited a flurry of policy announcements during the first hours of Donald Trump's second presidency and eyed a rate hike in Japan at the end of the week. Trump takes the oath of office at noon Eastern Time (1700 GMT), and promised a "brand new day of American strength" at a rally on Sunday.