GSEU News and Press, Goldman Sachs ActiveBeta Europe Equity From 01/13/24

2024-01-13 09:45:00 ET Summary Given the world's turmoil, the capital and commodity markets have remained firm. China will be the first large economy to report Q4 GDP in the days ahead and it too is not collapsing. We think the market is still too confident of a rate cut as so...

2024-01-12 07:45:00 ET Summary The odds of a Fed rate cut in March is virtually unchanged. US and UK strike on the Houthi in Yemen has helped lift oil and gold prices, but otherwise the impact on the markets is minimal. Gold set a new high for the week. February WTI has re...

2024-01-11 07:00:00 ET Summary The dollar's broad consolidative tone has continued into today. China will report December CPI and PPI tomorrow. Recent news that European Council President Michel will leave his post early if he is elected to the European Parliament has renewed ...

2024-01-10 07:45:00 ET Summary The broad consolidation in the dollar after the gyrations at the end of last week continues. Japan reported a smaller-than-expected rise in Tokyo's December CPI and weaker-than-expected household spending in November yesterday. The dollar tested ...

2024-01-09 10:00:00 ET Summary The European Commission's economic sentiment indicator significantly improved in December, although it remained at a subpar level. Less positive was the increase in price expectations across the board, suggesting that the European Central Bank is unl...

2024-01-09 09:01:00 ET Summary Against long odds, 2023 marked a year of magnificent returns and the return of investor optimism. As fears of sticky inflation faded, a combination of global liquidity injections and AI optimism helped buoy markets and push a handful of mega-cap name...

2024-01-06 10:05:00 ET Summary The terribly mixed US jobs report spurred dramatic intraday swings in exchange and US interest rates. There is little doubt that the labor market is slowing. In the coming days, the world's three-largest economies, the US, China, and Japan will r...

2024-01-06 03:55:00 ET Summary Global output growth accelerated slightly in December, according to the S&P Global PMI surveys, spurred by improved inflows of new orders. Recession risks remain most elevated in the eurozone, and business activity stagnated in Japan. Worldwi...

2024-01-06 00:30:00 ET Summary Like their peers in the US, European stocks enjoyed quite a rally over the last two months of the year. In early December the STOXX 600 broke out above the resistance of the summer highs, and while momentum has slowed in the last couple of weeks, ear...

2024-01-05 08:15:00 ET Summary Stocks have been hit by profit-taking to start this year. Gold is trading heavier. The yellow metal is trading lower for the fifth session in the past six as rising rates and a firmer dollar sap its recent strength. The US jobs report is the firs...