{"id":54265,"date":"2025-10-09T06:09:00","date_gmt":"2025-10-09T10:09:00","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/"},"modified":"2025-10-09T06:09:00","modified_gmt":"2025-10-09T10:09:00","slug":"ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/","title":{"rendered":"Ferrari Shares Dip on Long-Term Outlook, Silver Hits Record High, and BOJ Urged to Exercise Rate Caution"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#Ferraris_Market_Reaction_to_2030_Targets\" >Ferrari&#39;s Market Reaction to 2030 Targets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#Silver_Surges_to_Record_High\" >Silver Surges to Record High<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#BOJ_Caution_on_Rate_Hikes\" >BOJ Caution on Rate Hikes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#Israel-Hamas_Ceasefire_Developments\" >Israel-Hamas Ceasefire Developments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#HSBCs_Strategic_Acquisition_and_Chinas_Export_Curbs\" >HSBC&#39;s Strategic Acquisition and China&#39;s Export Curbs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ferrari-shares-dip-on-long-term-outlook-silver-hits-record-high-and-boj-urged-to-exercise-rate-caution\/54265\/#Other_Corporate_and_Economic_Updates\" >Other Corporate and Economic Updates<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Ferrari (<a href=\"\/stock\/RACE\">RACE<\/a>) shares dropped 5.9%<\/strong> after the luxury automaker outlined a 2030 adjusted EBITDA target of at least <strong>\u20ac3.6 billion<\/strong>, despite simultaneously upgrading its 2025 guidance and announcing an increased dividend payout of 40% of net profit starting in 2025.<\/li>\n<li><strong>Spot <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver-price.aspx\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">silver<\/a> surged to a new record high of $49.58\/oz<\/strong>, indicating strong investor demand for precious metals amid global uncertainties.<\/li>\n<li>An adviser to Japan&#39;s Takaichi and Honda suggested the <strong>Bank of Japan should exercise caution regarding further interest rate hikes<\/strong>, noting the weak yen is positive for the economy during a recovery phase and the dollar\/yen is unlikely to surge above 155.<\/li>\n<li><strong>Conflicting reports emerged regarding a ceasefire between Israel and Hamas<\/strong>, with an Israeli Deputy Foreign Minister initially stating a ceasefire was in effect, which was later clarified as not yet active pending a government vote.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Ferraris_Market_Reaction_to_2030_Targets\"><\/span>Ferrari&#39;s Market Reaction to 2030 Targets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Luxury sports car manufacturer Ferrari (<a href=\"\/stock\/RACE\">RACE<\/a>) saw its stock decline by <strong>5.9%<\/strong> following the release of its 2030 strategic plan. The plan projected an adjusted EBITDA of at least <strong>\u20ac3.6 billion<\/strong> by 2030. This drop occurred despite the company also announcing an upgrade to its 2025 guidance and a commitment to increase its dividend payout to <strong>40% of net profit<\/strong> starting from 2025. <em>Investors appear to be reacting to the long-term outlook, perhaps finding the 2030 targets less ambitious than anticipated, overshadowing the positive near-term updates.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Silver_Surges_to_Record_High\"><\/span>Silver Surges to Record High<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a significant market development, <strong>spot silver reached a new record high of $49.58 per ounce<\/strong>. This surge underscores a growing appetite for safe-haven assets amidst ongoing global economic and geopolitical uncertainties. <em>The precious metal&#39;s performance reflects increased investor confidence in its role as a store of value.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BOJ_Caution_on_Rate_Hikes\"><\/span>BOJ Caution on Rate Hikes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Etsuro Honda, an economic adviser to Japan&#39;s Takaichi and Honda, has urged the Bank of Japan to be cautious about raising interest rates. Honda suggested that a rate hike in October would likely be premature, with December being a more appropriate time for a potential 25 basis point increase. He also noted that the dollar\/yen exchange rate is unlikely to surge above 155 as inflation expectations remain low, and a weak yen is considered positive for the economy during its recovery phase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Israel-Hamas_Ceasefire_Developments\"><\/span>Israel-Hamas Ceasefire Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Geopolitical tensions in the Middle East saw conflicting reports regarding a potential ceasefire. An Israeli Deputy Foreign Minister initially announced that a ceasefire was in effect. However, Israel later clarified that the ceasefire had not yet come into effect and would only take effect after a government vote, with a 72-hour window for Hamas to release all hostages commencing after ratification. <em>The situation remains fluid, highlighting the delicate nature of ongoing negotiations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"HSBCs_Strategic_Acquisition_and_Chinas_Export_Curbs\"><\/span>HSBC&#39;s Strategic Acquisition and China&#39;s Export Curbs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HSBC Holdings (<a href=\"\/stock\/HSBC\">HSBC<\/a>) CEO stated that the bank has the financial strength for acquisitions and will pursue more deals, following its proposed purchase of Hang Seng Bank (<a href=\"\/stock\/0011.HK\">0011.HK<\/a>). This move is seen as a strategic step to streamline operations and invest further in the Hong Kong market.<\/p>\n<p>Meanwhile, China announced it would approve eligible export applications after review, clarifying that its export curbs are not targeted at any specific country. <em>These measures, particularly concerning rare earths and related technologies, are aimed at safeguarding national security and development interests, amidst ongoing trade tensions<\/em>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Other_Corporate_and_Economic_Updates\"><\/span>Other Corporate and Economic Updates<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Danone (<a href=\"\/stock\/DANOY\">DANOY<\/a>) shares gained after JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>) placed the company on a positive watch ahead of its upcoming results. Additionally, Bank of England policymaker Catherine Mann indicated she is closely monitoring the labor market, noting moderate changes in unemployment and vacancies. ANZ Group Holdings (<a href=\"\/stock\/ANZGY\">ANZGY<\/a>) also announced three new senior executive appointments to bolster its retail, risk, and technology units.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Ferrari (RACE) shares dropped 5.9% after the luxury automaker outlined a 2030 adjusted EBITDA target of at least [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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