Episode 21: Europe and Canada break the seal on rate cuts
Europe and Canada Central Banks decided to roll the dice with pre-emptive rate cuts, despite inflation being well beyond the target range, while cracks started to show in the US labour market this week
Stock Highlights
- Treasury Wines (TWE): Treasury Wine Estates’ shares surged 5.3% after reaffirming its financial forecasts, expecting its Californian luxury wine business to generate $US24 million in EBIT this financial year, bolstering investor confidence.
- Lovisa (LOV): Lovisa shares dropped over 10% following the announcement of John Cheston as the new CEO, succeeding Victor Herrero in June 2025, with Cheston’s leadership expected to impact the company’s future strategic direction.
- Guzman Y Gomez (GYG): Guzman y Gomez, set to become publicly listed, has expanded to 210 locations across four countries, with its IPO priced at a 76x EBITDA multiple, significantly higher than its Australian fast-food competitors.
Trade of the Week
- Audinate (AD8) – We believe this stock will be a multi-bagger over the next few years, find out why
