Top Insights
Forex
globalreutersSeptember 16, 20241 Mins read
Goldman Sachs forecasts S&P 500 to 6000, Fed rate cuts supporting
globalreutersSeptember 16, 20241 Mins read Goldman Sachs’ projections, citing Fed rate cuts as a key driver:
- end 2024 target 5600 points
- 6-month target 5700
- 12-month target 6000 points
GS expect the Federal Open Market Committee (FOMC) to cut by 200 basis points by the end of 2025
–
Last I have from GS is expecting a 25bp cut this week.
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
Newsquawk Week Ahead: US and China CPI, US Retail Sales, UK and Australian Jobs
Mon: US Holiday: Veterans Day. BoJ SOO (Oct), BoC SLOS; Norwegian CPI...
China October CPI +0.3% y/y (expected +0.4%, prior +0.4%), deflation prospect lingers
October 2024 CPI rose 0.3% year-on-year, down from 0.4% in September, and...
China Consumer Price Index (MoM) below expectations (-0.1%) in October: Actual (-0.3%)
China Consumer Price Index (MoM) below expectations (-0.1%) in October: Actual (-0.3%)
China Producer Price Index (YoY) below forecasts (-2.5%) in October: Actual (-2.9%)
China Producer Price Index (YoY) below forecasts (-2.5%) in October: Actual (-2.9%)
Leave a comment