Air Canada Price Target Cut to C$25.00/Share From C$29.00 by Canaccord Genuity
Dow Jones2026/10/22 15:11Ratings actions from Baystreet: http://www.baystreet.ca
(END) Dow Jones Newswires
October 22, 2026 11:11 ET (15:11 GMT)
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JPMorgan Private Bank: Without the end of the rate hike cycle, gold prices are unlikely to bottom out, and there is almost no support below $4,000.
JPMorgan Private Bank believes that before interest rates reach their peak, it will be difficult to confirm a bottom for gold prices. Thin liquidity coupled with expectations of further rate hikes this year present significant downward pressure. Chinese consumers are increasing their physical gold holdings, providing some support; however, Indian buyers are delaying festival purchases due to expectations that the price decline has not yet ended, substantially weakening demand-side support. For gold prices to regain upward momentum, multiple conditions need to coincide, including a drop in oil prices, cooling inflation, and a weaker US dollar.
JPMorgan raises the target price of VISA to $455.