Crude prices hold firm as OPEC and friends opt against production rise
In Friday trading, Brent crude was priced above US$68 with West Texas Intermediate (WTI) holding above US$65 a barrel
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Goldman Sachs Group Inc
NYSE:GS
The Goldman Sachs Group Inc is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
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Goldman Sachs lifts crude price forecast as it sees OPEC driving a ‘tight market strategy’
Goldman now sees Brent crude prices rising to around US$80 per barrel in 2021
Oil prices could spike to $100, analysts reckon
Ahead of a big Opec+ meeting, Saudi Arabia is said to want to hold output steady, while Russia apparently is keen to step things up
Russian discounter Fix Price confirms plans to float on London’s main market in March
The IPO price will be determined following a book-building process
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Peak oil demand is coming - but first brace for an almighty supply crunch
The world has turned its back on austerity. Keynesian reflation doctrines are triumphant. The Biden administration explicitly aims to run the US economy hot, with the help of the Federal Reserve. Global "green deals" amount to $16 trillion.
Russian discount retailer eyes London IPO and US$6bn price tag
Fix Price said London will be the primary market for its shares with a secondary listing in Moscow.
UBS quits Darktrace IPO
Jefferies is now solely running the proposed £4bn stock market float which is claimed to be “firmly on-track”
Goldman Sachs challenges UK banks as it reopens applications for Marcus accounts
The Wall Street bank said market conditions had changed since last summer, when it suspended applications for the savings accounts amid a surge in demand from customers wanting to stash their cash during lockdown
Oil expected to remain range-bound as pandemic continues to keep lid on demand
Oil demand remains static as fewer people travel and global activity remains curtailed
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US stocks on the up as Yellen speaks; Joe Biden prepares for inauguration
Janet Yellen is Biden's nominee to replace US Treasury Secretary Steven Mnuchin
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Vaccine To Extend Rebound in FY22 and more...
Email of the day on the risk of dilution On the weekend review you highlighted Norwegian Cruiselines as one of the deeply impacted stocks along with the likes of Rolls Royce. At what point though should you be considering what has happened
US stocks close lower after Treasury Secretary dampens expectations for stimulus deal being reached before election
Despite two days of declines, stocks are higher for October with the Dow, S&P 500 and Nasdaq up 3%, 4% and 5.7%, respectively
US stocks close down on Trump's coronavirus diagnosis, slowing job creation
Shares of airlines jumped higher after House Speaker Nancy Pelosi called on the industry to delay furloughs
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Turkey's Lira Hits Record Low as Interventions Fail to Stem Drop
In the view of analysts from Goldman Sachs Group Inc. and Oxford Economics, rate increases may be warranted soon. Others are less bearish, citing a shortage of liquidity in the offshore money-market engineered by authorities. The cost of ov
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Gold ETFs Top German Holdings to Become World's No. 2 Stash
Investors are so concerned about the global outlook that worldwide holdings in gold-backed exchange-traded funds now stand behind only the official U.S. reserves of bullion after they surpassed Germany’s holdings. Gold has rallied to a reco
GlobeX Data embraces Goldman Sachs report recommending US tech stocks with foreign exposure
Over the last year, GlobeX has signed distribution agreements in more than 20 countries on five continents
Goldman Sachs forks out US$3.9bn to settle Malaysian fraud case
Goldman Sachs was accused of fraudulently promoting the bonds and misdirecting the proceeds
Oil demand to take two years to recover suggests Goldman Sachs
Air travel will stay subdued though car usage is set to bounce back
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Gold Climbs Above $1,800 for the First Time Since 2011
Goldman Sachs Group Inc. said gold could climb to a record $2,000 an ounce over the next 12 months, while JPMorgan Chase & Co. recommended investors stick with bullion. “The Fed is being extremely accommodative and because these shutdowns a
Goldman Sachs says crude oil will fall again this year
Goldman predicts Brent will drop back to around US$35 per barrel.