News

Golden Glonghui April 14｜Goldman Sachs has lowered the price target for Best Buy from $76 to $59, and downgraded the rating from "Buy" to "Sell". (Golden Glonghui)

Glonghui, April 14｜Wolfe Research has lowered the price target of Apollo Global Management from $159 to $135, maintaining an "Outperform" rating. (Glonghui)

According to Golden Ten Data on April 14, ING analyst Francesco Pesole stated in a report that the euro has risen to a six-week high against the US dollar, but even if ECB President Christine Lagarde reiterates the possibility of a rate hike, the euro is unlikely to rise significantly further. He said: “We believe that substantial progress in US-Iran negotiations is needed for the euro to consistently break above 1.18 against the dollar.” He also noted that if Lagarde indicates that a de-escalation in the conflict reduces the need for monetary tightening, the market will be surprised. Lagarde is scheduled to speak at 5:00 am Beijing time on Wednesday. According to data from the London Stock Exchange Group, the market sees a 37% probability of the ECB raising rates on April 30, and has fully priced in two rate hikes before the end of the year.