C241213P76000
- 4.34
- -0.91-17.33%
Citigroup Newsroom
Real Estate Stocks Could Return 15% in 2025. Here's 5 to Consider.
RBC Capital Maintains Citigroup(C.US) With Buy Rating, Raises Target Price to $74
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International Precious Metals Futures sharply fell, with COMEX Gold Futures down by 1.87%.
International Precious Metals Futures saw a significant drop, with COMEX Gold Futures falling by 1.87% to $2705.2 per ounce, and spot Gold dropping nearly 1.6% to fall below $2680; COMEX Silver Futures declined by 4.25% to $31.565 per ounce, while spot Silver hit a low of nearly 2.6% to fall below $30.90 during the session. Gold extended its losses, as mixed economic data from the USA prompted investors to take profits after four consecutive days of rising gold prices. Citigroup forecasts that Gold and Silver will gradually return to an upward trend in the next 3-12 months, reaching $3000 and $36 per ounce respectively.
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Piper Sandler Maintains Citigroup(C.US) With Buy Rating
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Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Trump rang the bell at the New York Exchange, while Wall Street's CEOs and business leaders cheered "USA" beside him.
USA's elected president Donald Trump rang the opening bell at the New York Stock Exchange on Thursday, promising cheering traders and business leaders to achieve economic prosperity. When the bell rang, Trump was flanked by elected Vice President JD Vance, incoming First Lady Melania, NYSE President Lynn Martin, and his two children Ivanka and Tiffany. The audience included Goldman Sachs' David Solomon, Citigroup's Jane Fraser, Verizon's Hans Vestberg, Target's Brian Cornell, and Pershing Square's Bill Ackman. The crowd once cheered, "USA." Trump had previously...
Consumer Finance Watchdog Caps Bank Overdraft Fees
Investors in Citigroup (NYSE:C) Have Seen Respectable Returns of 51% Over the Past Year
Express News | Citigroup : RBC Raises Target Price to $74 From $67
Citi: It is reported that HSBC Holdings plans to cut $3 billion in costs during restructuring, which has a positive impact on the stock price.
Citigroup released a research report stating that HSBC Holdings (00005) plans to cut costs by 3 billion dollars in the restructuring process, which accounts for about 10% of its cost base, involving large-scale layoffs, including about 40% of 175 senior managers. The bank believes that this news will have a positive impact on HSBC's stock price, as it helps to narrow the efficiency gap between HSBC and other domestic peers outside of Hong Kong and the United Kingdom, though there are execution risks. HSBC is one of the most Bullish stocks in the bank's assessment of Hk Based Banks in Europe and Hong Kong.
Citibank gives YUE YUEN IND a "Buy" rating with a Target Price of HKD 20.3.
Citibank released a research report stating that YUE YUEN IND (00551) has seen a 10.9% increase in Revenue for its footwear manufacturing Business (MFG) year-to-date, and the situation in the first 11 months of this year aligns with the bank's expectations. Since the end of September, due to revenue growth and gross margin expansion for the fourth quarter of 2024, the MFG Sector has performed strongly, with stock prices rising over 25%, assigning a Target Price of HKD 20.3 and a 'Buy' rating.
Citigroup Options Spot-On: On December 11th, 139.52K Contracts Were Traded, With 2.36 Million Open Interest
Wall Street commodity traders' performance this year is expected to be the worst since before the pandemic
As market volatility weakens, the commodity trading business of the world's major investment banks may experience the worst year since before the outbreak of the pandemic. According to data compiled by Coalition Greenwich, the combined net revenue of more than 250 companies, including Goldman Sachs, Citigroup, and J.P. Morgan Chase, will reach 10.6 billion US dollars this year, which is nearly one-fifth less than last year's total revenue. Angad Chhatwal, head of global macro markets at Coalition Greenwich, said, “The trading boom is fading away, and revenue will drop a further 3% in 2025.” Chinese flag, tall
US inflation is in line with expectations, consolidating market expectations that the Fed will cut interest rates next week
Consumer prices in the US rose steadily last month as expected, strengthening the market's expectations that the Federal Reserve will continue to cut interest rates next week. The so-called core consumer price index, which excludes food and energy costs, rose 0.3% for the fourth month in a row, according to data released by the Bureau of Labor Statistics on Wednesday. The indicator climbed 3.3% year over year. Economists believe that core inflation reflects the underlying inflation trend better than the overall CPI, which includes frequently fluctuating food and energy prices. The overall CPI rose 0.3% month-on-month, while the year-on-year increase was 2.7%. The S&P 500 index opened higher, and US Treasury yields were released after the CPI data was released
Market Climbs on CPI Inflation and Likelihood of Rate Cuts | Livestock
Citigroup & JPMorgan Expect Q4 IB and Market Revenues to Rise