Goldman Sachs raise China equity index target, ‘reopening’ evolves into ‘growth recovery’
Goldman Sachs target China’s CSI300 to 4800 had previously set their target at 4500 GS says China is evolving from “reopening” to a wider “growth recovery” theme — UBS also, says “we continue to hold a positive view on the China market”, citing: herd immunity occurring faster than expected undemanding valuations policy support likely to […]
Goldman Sachs to Slim Down $59b Investments
The asset management arm of Goldman Sachs Group Inc. is preparing to reduce a significant part of nearly $60 billion in alternative investments, Reuters reported on Monday. A member of the firm’s Board of Directors told the agency that the move is expected to reduce the burden on financial performance and revenue. AloGatewayis a Global […]
Goldman Sachs CEO concerned about (another) US debt ceiling fiasco
Goldman Sachs Chief Executive David Solomon spoke in an interview with Reuters. His comments on the deadlock over the US debt ceiling that could, at an extreme, see the US potentially defaulting on its debt. Even a less extreme outcome could see action taken on the US credit rating and government services shutg down. Solomon: […]
Dow Jones Dragged Down by Goldman Sachs, Nikkei 225 at Risk to Bank of Japan
Dow Jones, Goldman Sachs, Nikkei 225, Bank of Japan – Asia Pacific Market Open Dow Jones 100 underperforms the S&P 500 and Nasdaq 100 Disappointing Goldman Sachs earnings sink financial stocks Nikkei 225 vulnerable with traders awaiting the Bank of Japan Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Asia-Pacific Market Briefing – Goldman […]
Market Spotlight: Goldman Earnings in Focus Today
Goldman To Follow JPM & Citi?Shares in US banking giant Goldman Sachs are trading higher ahead of the open today as traders brace for the group’s Q4 earnings. A slew of strong earnings from leading financials on Friday has helped stoke sentiment ahead of the release. In terms of the numbers, Wall Street is looking […]
We could see another USD/JPY sell-off of roughly 3% – Goldman Sachs
As markets brace for Wednesday’s Bank of Japan (BoJ) monetary policy meetings, multiple investment banks and analysts convey their forecasts for the USD/JPY pair that’s been lately gaining more attention, especially after the BoJ’s tweak to the Yield Curve Control (YCC). Analysts at Goldman Sachs (GS) are from the same lot and anticipate the Yen […]
Goldman Sees Dollar’s Dominance Driving Further Gains Ahead By Bloomberg
(Bloomberg) — The dollar holds the crown as the world’s dominant currency and rivals have so far failed to unseat the greenback — making fresh rallies likely. That’s the thinking of Goldman Sachs (NYSE:) analyst Isabella Rosenberg who says signs of global growth have made European and Chinese assets more attractive in recent months, […]
Goldman Sachs forecasts USD/JPY to 126 (12 month horizon), from 130 previously
Goldman Sachs on USD/JPY and the Bank of Japan. Analysts have lowered their USD/JPY forecasts significantly: “We have maintained our core view that USD/JPY should trade most closely with US rates this year, particularly given our forecast that the BoJ will be more patient in making further policy changes than the market expects,” GS notes. […]