Will gold prices hit another all-time high in 2024?
J.P. Morgan· 2024-07-14 16:00
Investment Rating - The report maintains a bullish medium-term forecast for gold, with price targets upgraded to $2,500/oz by the end of 2024 and $2,600/oz in 2025 [7][10][8]. Core Insights - Gold prices are expected to average $2,500/oz in Q4 2024, driven by geopolitical risks, anticipated Fed rate cuts, and central bank buying [2][8]. - The structural bull case for gold remains intact despite rising prices, with significant central bank purchases and a reluctance among physical holders to sell [6][11]. - The relationship between gold prices and U.S. real yields has decoupled, indicating that gold's appeal is driven by factors beyond traditional interest rate dynamics [4][9]. Summary by Sections Gold Price Drivers - Geopolitical tensions, inflation hedging, and central bank buying are key drivers for gold prices in 2024 [2][6]. - Central banks purchased 1,037 tonnes of gold in 2023, with strong net purchases of 290 tonnes in Q1 2024, indicating robust demand [11][12]. Market Dynamics - The report highlights a significant decoupling of gold prices from U.S. real yields, suggesting that gold's safe-haven status is becoming more prominent amid economic uncertainty [4][9]. - Investor appetite for physical gold remains strong, with expectations that ETF holdings may rebound as interest rates decline [16][15]. Future Outlook - J.P. Morgan forecasts a Fed rate cut in November 2024, which could further support gold prices [9][7]. - The report anticipates that structural drivers such as U.S. fiscal deficit concerns and geopolitical instability will continue to support gold prices, regardless of the U.S. election outcome [6][11].
Request for Information (RFI) Furniture, Fixtures & Equipment (FF&E)
FIFA· 2024-07-13 01:47
Request for Information (RFI) Request for Information (RFI) for: Furniture, Fixtures & Equipment (FF&E) Reference number: Event Logistics Issue Date: 12 July 2024 Document Sensitivity: Public Contents Disclaimer 1. Introduction… 2. FIFA. 2.1. FIFA World Cup 2026™ 2.2. FIFA Club World Cup 2025™ . 2.3. 2.4. FIFA26 Inc. FIFA Event Logistics 2.5. 3. Structure of RFI 3.1. Background Purpose . 3.2. 3.3. An Opportunity to Contribute and Shape Strategic and Commercial Partnership 3.4. Response section… 4. Content . ...
How to Restructure Utility Incentives
RMI· 2024-07-13 00:17
How to Restructure Utility Incentives The Four Pillars of Comprehensive Performance-Based Regulation Report / July 2024 Authors and Acknowledgments Authors Cara Goldenberg Kaja Rebane Authors listed alphabetically. All authors from RMI unless otherwise noted. Contacts Kaja Rebane, krebane@rmi.org Cara Goldenberg, cgoldenberg@rmi.org Copyrights and Citation Kaja Rebane and Cara Goldenberg, How to Restructure Utility Incentives: The Four Pillars of Comprehensive Performance-Based Regulation, RMI, 2024, https: ...
Discover Click Purchase Shopping Report India June 2024
YouGov· 2024-07-11 05:02
Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report analyzes the online shopping trends in India, focusing on consumer behavior and preferences in e-commerce, D2C, and traditional brands transitioning online [1] - Urban Indian shoppers exhibit a mix of planned (63%) and impulsive (16%) purchasing behaviors, indicating a diverse shopping approach [4][5] - Convenience, price sensitivity, and privacy are key drivers for urban Indian consumers, with 64% expressing a desire for user-friendly apps for mobile shopping [6][7] Summary by Sections Shopping Behavior - Urban Indians prefer to shop monthly or weekly, with average monthly spending ranging from ₹1,000 to ₹5,000 [10] - The top online shopping categories include smartphones (59%) and skincare (50%), while jewelry and furniture are predominantly purchased offline [12][15] Discovery Channels - E-commerce aggregator websites are the primary channels for discovering new products (77%), followed by social media ads (47%) [22] - YouTube and Instagram are the leading platforms for product discovery, with Facebook showing lower engagement among Gen Z [24] Purchase Triggers - Customer reviews and attractive discounts are the strongest triggers for purchases among urban Indian shoppers [28] - E-commerce aggregators are most effective in converting product discovery into purchases (59%) [26] Brand Websites - There is a growing appeal for brand websites due to exclusivity, authenticity, and discounts, with 59% of shoppers believing all brands should offer loyalty programs [36]
Reshaping telecom investment in a next-generation world
理特咨询· 2024-07-11 00:52
VIEWPOINT 2024 R E S H A P I N G T E L E C O M I N V E S T M E N T I N A N E X T- G E N E R AT I O N WORLD Adopting a new blueprint to focus CAPEX/OPEX & drive profitability Telco operators are facing declining profitability from a combination of stagnant or negative revenue growth resulting from competition and increasing CAPEX/OPEX caused by increasing user traffic. While operators have always run efficiency programs, traditional methods are no longer sufficient to meet current financial constraints and f ...
Utilities 50 2024
Brand Finance· 2024-07-11 00:47
Utilities 50 2024 The annual report on the most valuable and strongest Utilities brands July 2024 Contents About Brand Finance 3 Foreword 6 David Haigh, Chairman & CEO, Brand Finance Ranking Analysis 7 Brand Value Ranking (USDm) 18 Methodology 19 Our Services 25 © 2024 All rights reserved. Brand Finance Plc. Brand Finance Utilities 50 2024 brandirectory.com/utilities 2 The world's leading brand valuation consultancy For business enquiries, please contact: Richard Haigh Managing Director rd.haigh@brandfinanc ...
Gen AI in software
Kai Jie Yan Jiu Yuan· 2024-07-11 00:37
HARNESSING THE POWER OF TECHNOLOGY FOR A SUSTAINABLE FUTURE Climate tech: Harnessing the power of technology for a sustainable future #GetTheFutureYouWant Climate tech: Harnessing the power of technology for a sustainable future e y v r i a t m u c m e x u E S Climate technologies – a diverse range of innovative technologies that includes renewables, batteries, lowcarbon hydrogen, carbon capture and alternative fuels – are crucial to formulating an effective response to the climate and ecological crisis. Th ...
Indonesia 100 2024
Brand Finance· 2024-07-10 00:42
Investment Rating - The report does not explicitly provide an investment rating for the industry or companies involved Core Insights - The Indonesian banking, tobacco, and telecoms sectors dominate the brand value rankings, accounting for 61% of the total brand value [17][20] - BRI remains the most valuable brand in Indonesia at USD5.4 billion, followed by Pertamina at USD4.5 billion and Bank Mandiri at USD3.7 billion [20][21] - The banking sector's combined brand value increased by 14% to USD16.8 billion, driven by digital innovation and customer-centric strategies [38][39] - Pertamina leads in sustainability perceptions with a value of USD377 million, highlighting its commitment to environmental initiatives [35][36] Summary by Sections Ranking Analysis - BRI's brand value increased by 26% to USD5.4 billion, maintaining its top position for the second consecutive year [20] - Pertamina's brand value rose by 21% to USD4.5 billion, while Bank Mandiri's value increased by 9% to USD3.7 billion [20][21] - Siloam Hospital recorded the fastest brand value growth at 52%, reaching USD70 million [29][31] Sector Analysis - The banking sector is the largest contributor to brand value, with significant growth attributed to digital transformation and customer engagement [38] - The food sector also saw an 18% increase in brand value, driven by changing consumer preferences and economic growth [43] - The tobacco sector faced challenges, with a 13% decline in brand value, influenced by regulatory changes [17][18] Brand Value Ranking - The top three most valuable brands are BRI (USD5.4 billion), Pertamina (USD4.5 billion), and Bank Mandiri (USD3.7 billion) [20][49] - BCA is recognized as the strongest brand for six consecutive years, with a brand strength rating of AAA+ [25][26] - The report highlights the importance of brand strength and sustainability perceptions in driving brand value [34][36]
2024 Salary Guide
KOS高奥士国际· 2024-07-09 02:45
al The Archeter of th ie V Opportunity V Synergy Mainland China li— Pin Vi— e and 首页 : 279 2012D 2017年 1219 www.kos-intl.cn. t About Us KOS International Holdings Limited (KOS Group) is the first local recruitment company listed on the HKEX (8042.HK). Our brands include KOS Recruitment, KOS Staffing, KOS Executive and KOS Solutions. Operating across mainland China, Hong Kong SAR, Macau SAR and Singapore, we specialise in delivering recruitment, staffing and a wide range of human resources solutions to clien ...
Portugal 25 2024
Brand Finance· 2024-07-04 00:47
Portugal 25 2024 The annual report on the most valuable and strongest Portuguese brands July 2024 Contents About Brand Finance 3 Foreword 4 David Haigh, Chairman & CEO, Brand Finance Foreword 5 Pilar Alonso Ulloa, Managing Director, Iberia (Spain, Portugal) and South America Ranking Analysis 8 Brand Value Ranking (EURm) 17 Insights 18 Impact of Sustainability on Consumer Decisions 19 Robert Haigh, Strategy and Sustainability Director, Brand Finance Methodology 21 Our Services 27 The world's leading brand va ...