Goldman Sachs provides insights into the expected monetary policy paths of the Federal Reserve (Fed) and the European Central Bank (ECB), forecasting the timelines for rate cuts and stabilization of policy rates. Key Insights: Federal Reserve Policy Outlook: Hold on Rates: The Fed is expected to maintain the current federal funds rate range of 5.25-5.5%
Goldman Sachs have downgraded their view on Hong Kong-traded China stocks. cut Hong Kong-listed Chinese companies to market-weight cut Hong Kong firms to underweight remains overweight on Chinese onshore shares Citing low earnings growth and a potential consensus downgrade slowing growth stemming from the housing sector downturn, high debt levels, and adverse demographics GS upgraded
In recent days, Goldman Sachs has been closely observing the erratic behavior of the currency pair, which has been characterized by abrupt fluctuations. The Japanese Yen (JPY) has been steadily depreciating against the US Dollar (USD) since the end of July, a trend that took a sudden turn on Tuesday when the pair spiked near
Goldman Sachs says that while a sustained climb in oil prices could slow consumption and economic growth it will be a “manageable headwind” for the U.S. economy. “While we forecast consumption growth to slow during the fall and winter, we think higher oil prices are unlikely to cause consumer spending and GDP to decline” The
EURCAD daily Goldman Sachs maintains its recommendation for a short position in EUR/CAD with a target of 1.42 and a stop at 1.50. The rationale behind this trade is largely based on the resilience of the U.S. economy and the potential for upside in the Bank of Canada’s monetary policy. Key Points: Strategic Focus: Goldman
Bloomberg (gated) have the comments from Morgan Stanley and Goldman Sachs. Morgan Stanley say: Opportunities in Japanese equities are “now even clearer” the BOJ adjustment on Friday to allow the yield on 10-year bonds to trade as high as 1% has “successfully added policy flexibility without signaling a tightening cycle” noted that sustained monetary tightening
“No esperamos que la Fed comience la flexibilización hasta el 2024، y un descenso en el crecimiento también parce estar a mess de distancia”، شرح داده شده است. Al observar lo que pasó en los años años 70, un período de alta inflación como el actual, Trivedi notó que el dólar no comenzó a debilitarse