U.S. Economic Data: The U.S. will observe a bank holiday while key inflation data is expected from Canada, the U.K., and Australia this week, with the Bank of Japan announcing its monetary policy decision on Friday.
Canada's Inflation Outlook: Canada anticipates a slight decrease in CPI, with core inflation remaining firm, while energy prices may ease but food prices continue to pose upward pressure.
U.K. Labor Market Trends: The U.K. expects a modest rise in claimant count and a slight decrease in unemployment, with inflation projected to edge up, reinforcing the Bank of England's cautious approach to rate cuts.
Australia and New Zealand Employment Projections: Australia is expected to see a small rise in employment but a slight increase in the unemployment rate, while New Zealand's inflation is projected to rise modestly, driven by fuel costs and seasonal factors.
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 56.660
Low
Averages
High
Current: 56.660
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
