Goldman Sachs: Euro could plunge if Trump wins election
Goldman Sachs warned that the euro could decline by as much as 10 per cent if Donald Trump wins the US presidential…
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Goldman Sachs
Goldman Sachs improves China’s GDP outlook in ’24
Goldman Sachs raised its forecast for China's gross domestic product (GDP) growth in 2024 to 4.9 per cent from 4.7…
US Treasury yields hit 4% amid strong jobs data
US Treasury yields have surged to 4 per cent, the highest since August, after a robust jobs report led traders to…
Goldman Sachs upgrades S&P 500 targets on positive economic outlook
Goldman Sachs has raised its year-end target for the S&P 500 index to 6,000 from 5,600 and its 12-month target…
Goldman Sachs cuts US recession odds to 15%
Goldman Sachs has lowered the likelihood of a US recession in the next 12 months from 20 per cent to 15 per cent…
Beijing’s stimulus sparks record hedge fund interest in Chinese stocks
Global hedge funds significantly increased their investments in Chinese equities backed by Beijing's…
Goldman Sachs slashes China’s ’24 economic growth
Global investment banks Goldman Sachs and Citigroup have revised their full-year projections for China's economic…
PGIM opens new office in Abu Dhabi
The investment management arm of US, insurer Prudential Financial, PGIM has opened a new office in Abu Dhabi. This…
Oil steady on Wednesday
Oil prices steadied after a 2 per cent drop on Tuesday, with Brent below $80 per barrel and West Texas Intermediate…
Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…