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Cemex (CX) is an international company that specialises in building materials production. It is one of the world’s leading producers of cement. Cemex manufactures quality services and products across 50 countries. The company employs 41,000 people all over the globe with their annual sales amounting to $13,40 billion. Set up in 1906, their head office is based in Monterrey, Mexico. Their portfolio features the following cement-based products: cement, aggregates, ready-mix concrete, and related products. The company’s shares are traded on several stock exchanges including the New York Stock Exchange (NYSE) and Mexican Stock Exchange (BMV). To learn the latest Cemex share price, follow Capital.com.
Markets expect a 25bp rate cut at the FOMC meeting on December 18, 2024, amid strong U.S. economic data. However, the outlook for 2025 remains uncertain as inflation and growth trends evolve.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?