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Express News | Foshan Haitian Flavouring and Food submitted an application to the Hong Kong Stock Exchange.
Express News | Morgan Stanley strategist Wilson: It is expected that the strengthening of the dollar will lead to significant differentiation in the earnings of USA companies.
JPMorgan Adjusts Price Target on Morgan Stanley to $108 From $104, Keeps Neutral Rating
Barclays expects the Federal Reserve to cut interest rates by 25 basis points in June 2025, down from a previous prediction of two rate cuts.
Barclays expects the Federal Reserve to cut interest rates by 25 basis points in June 2025, while previously predicting two cuts in March and June. The much better-than-expected non-farm payrolls data released last week led Wall Street's major banks to reduce their rate cut bets. Bank of America had previously expected two rate cuts of 25 basis points each this year, but now believes there will be none, and it may instead raise rates. Among Wall Street's major banks, Citigroup remains the most optimistic about interest rate cuts, still expecting five cuts of 25 basis points each, but the timing will start in May instead of the previously expected January. Goldman Sachs predicts there will be two rate cuts this year, rather than three.
Express News | Morgan Stanley raises its forecast for Brent crude oil prices.
Express News | Morgan Stanley raised its oil price forecast after the USA imposed sanctions on Russia.