Diverging rate expectations among the Bank of England (BoE), European Central Bank (ECB), the Federal Reserve (Fed) and Bank of Japan (BoJ) are shaping the trajectories of the pound, euro, US dollar and yen for the rest of 2024. Nigel Green of deVere adds that against this backdrop, "investors should consider several strategies to optimise their portfolios."
The breakfast drink of choice, orange juice, has become a potential goldmine for investors. Over the past few years, the main orange-producing regions of Brazil have been hit by extreme weather conditions, leading to a shortage of this liquid gold fruit. Also, maker of casual footwear, Birkenstock, announced record-breaking revenue for Q2 with a 23% year-on-year increase, and is predicted to end 20% up on last year.
