Gold & Silver Analysts Are Bullish 🖥️ NEXOY META 📈 LBRDA CHTR📉

FlowBank's hand-curated fresh financial news [header_noDither] 5.2.2023 UBS Are Very Bullish On Gold & Silver In 2024! UBS have predicted that gold and silver prices will rise in 2024, anticipating U.S. Federal Reserve rate cuts. The bank's precious metals expert, Joni Teves, expects gold to reach $2,200 per ounce, driven by potential Fed easing and a weaker dollar. Gold often becomes more attractive as interest rates fall, boosting its demand due to lower returns from bonds and a depreciated dollar. Despite uncertainties about the timing and scale of the Fed's rate adjustments, UBS expects a policy shift. The Fed recently kept rates steady in January and indicated no cuts for March. WHAT'S MOVING [Group 1742 (18)-2] [Start Trading](113/cXx8Z04/MX30tlSsFrpW3FmhXC22Ftd8W5LNP255972Z2N6fpSW22-ZVTW6N1vHY6lZ3lMW5df1Jm6pCthMW4Lr86C5j1XzsW6x0XXt1PMBgCW2-K0Qb3_HXTKVdbw3Q96LWkKW12yctP3xzdtKVHc8GW3Q25y1W4bNRdt5xn1tZW7SrzDn2X8sW3W5z1GDw6QPxZ7W7n5sbm2j9KngW3nV1hQ16Hj_LW8dH0rP7XwtZNW8Yz9GP69bnxDW10HxTj8hRsJyW1HpvQs95h2lqW3bfqjv11rSVdV3DbL07W-4gQW6b196y9bJz6dV4R6Yv659FNGW7ch-Fg2wL6j7W1jkq5Y81b_cTf9hMsSl04) [Group 3 (16)-2] TikTok Indonesia's presidential candidates are intensively using TikTok to appeal to the young electorate, making up over half of the voters, with strategies like engaging with K-pop fans to showcasing a softer side of candidates Highlighting the platform's significance, this could signal a wider more global shift in the use of TikTok. [Group 1752 (9)] Apple Apple's sales in China dropped by nearly 13% to $20.8 billion in the last quarter, with a cautious consumer outlook and strong competition from Huawei impacting its performance. Experts anticipate challenges to continue in 2024, with no expected growth in iPhone shipments as Huawei remains a strong competitor. [Group 1750 (16)] McDonalds McDonald's is set to announce Q4 earnings this week with analysts expecting $2.82 EPS and $6.45 billion in revenue. Despite strong early 2023 performance, reduced spending by low-income consumers and a decrease in foot traffic impacted U.S. sales in Q3. Q4 forecasts suggest a continuation of this trend with a modest 4.7% growth in same-store sales. WHAT'S COMING UP? USD: S&P Global Services PMI (Jan): Exp. 52.9 v Prev. 51.4 USD: ISM Non-Manufacturing PMI (Jan): Exp 52.0 v Prev. 50.6 AUD: RBA Interest Rate Decision (Feb): Exp. 4.35% v Prev. 4.35% IN OTHER NEWS Wall Street U.S. stock futures edged down early Monday after Fed Chair Jerome Powell indicated no near-term interest rate cuts. S&P 500 futures dropped 0.2%, Dow futures declined by about 0.19%, and Nasdaq 100 futures decreased by 0.18%. [Group 1769] Europe European markets are anticipated to start the week mixed, with the FTSE 100 slightly up and the DAX, CAC, and FTSE MIB expected to open lower. Key events include UniCredit's earnings report and the release of December's Euro zone producer price data. MARKET INSIGHTS Evolution of Financial Influencers: From Buffett to Roaring Kitty Confused by the contrasting styles of traditional investment gurus and today's online financial influencers? Let FlowBank ease your dilemma. Our article provides a clear, insightful comparison, helping you understand the evolving landscape of financial guidance. 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