Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Established in 1939 and named after its founder, Ferrari is a famous Italian manufacturer of sports cars popular all over the world. The first car officially carrying the Ferrari badge was completed in 1947, making it the most remarkable year in the company's history. Today Ferrari is a symbol of exclusivity and excellence in car engineering. Headquartered in Maranello, Italy, the company operates through an extensive network of 180 authorised dealers and has sold 8,014 supercars in more than 62 markets worldwide. The Ferrari share price is set and traded on the Borsa Italiana (BIT) and the New York Stock Exchange (NYSE).
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?