U.S. Economic Data Releases: This week features significant U.S. economic data, including inflation figures, ADP employment, and retail sales, with expectations for core CPI to rise to 0.3% m/m and new home sales to ease in October.
Consumer Spending Trends: Despite affordability pressures and a cooling labor market, consumer spending remains resilient, with holiday spending projected to grow by 3.5–4.0% y/y, aided by higher after-tax income for middle- to upper-middle-income households.
U.K. Economic Outlook: The U.K. is expected to report a slight improvement in GDP m/m at 0.0%, driven by services activity, although overall economic momentum appears to be slowing, with concerns about seasonal adjustment issues affecting growth perceptions.
Monetary Policy Expectations: The Bank of England is anticipated to continue cutting rates as inflation cools and economic activity remains weak, reflecting a broader trend of softening economic conditions.
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
High
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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.
