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Morgan Stanley: Lowered its price target on IBM (IBM.N) from $256.00 to $252.00.

2025-10-23

Morgan Stanley: Lowered its price target on IBM (IBM.N) from $256.00 to $252.00.

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2025-10-23

Hungarian Prime Minister Orban: Hungary will not join the "coalition of the willing" established by Brussels to militarily support Ukraine.

Hungarian Prime Minister Orban: Hungary will not join the "coalition of the willing" established by Brussels to militarily support Ukraine.
2025-10-23

[State Street: Investor Optimism in Risky Assets May Be Excessive] Dwyfor Evans, Head of Asia-Pacific Macro Strategy at State Street Global Markets, noted that investor confidence in high-risk assets may be excessive. Speaking at the Asian Securities

[State Street: Investor Optimism in Risky Assets May Be Excessive] Dwyfor Evans, Head of Asia-Pacific Macro Strategy at State Street Global Markets, noted that investor confidence in high-risk assets may be excessive. Speaking at the Asian Securities Industry and Financial Markets Association Asset Management Conference in Singapore, he stated that investors are currently buying US stocks while hedging their dollar exposure and selling US Treasuries. Evans expects US inflation to gradually recover as prices of both imported and domestic goods rise, stating that "3% has become the new 2%." He added that this is crucial for the Federal Reserve—if the number of rate cuts is reduced, the US dollar could rebound. Given the continued high level of policy uncertainty, Evans warned that current market risk positioning may be overly optimistic.
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