GSEU News and Press, Goldman Sachs ActiveBeta Europe Equity From 01/31/24

2024-01-31 09:45:00 ET Summary The drop in German inflation will fuel speculation about an early ECB rate cut, but underneath a favourable headline number, there are still plenty of price pressures to worry about. Today’s drop in headline inflation is mainly the result of f...

2024-01-31 07:10:00 ET Summary With US high-flying tech stocks posting steep losses after disappointing earnings reports, the currencies most sensitive to risk-appetites, the dollar bloc and the Norwegian krone are the weakest. China's January PMI showed a small gain, but nothing ...

2024-01-31 02:26:00 ET Summary In the US, December’s Consumer Price Index rose 3.3% year over year, well off its peak of 8.9% in June of 2022, but still above the Fed’s 2% target. We expect labor markets to stay resilient in 2024, but with job creation slowing to mor...

2024-01-29 12:25:00 ET Summary We think stock momentum can run for now as inflation cools and the Federal Reserve readies to cut rates. So we up our overall U.S. stocks view to overweight. Tech stocks led the S&P 500 to consecutive record highs last week. Robust U.S. Q4 GDP gr...

2024-01-27 09:15:00 ET Summary The coming weeks will likely continue the correction of the trends that began last month. Official comments and some high-frequency economic data have encouraged participants to rein in their expectations, reducing the odds of a rate cuts in Q1 and p...

2024-01-27 09:15:00 ET Summary The coming weeks will likely continue the correction of the trends that began last month. Official comments and some high-frequency economic data have encouraged participants to rein in their expectations, reducing the odds of a rate cuts in Q1 and p...

2024-01-27 00:12:00 ET Summary U.S. markets are trading at record highs. What's driving the gains? What is the breadth looking like? What the latest earnings season is telling us about equities. U.S. markets have been trading in record territory recently. However, ...

2024-01-25 23:45:00 ET Summary The early PMI data for January signalled a marked cooling of inflation pressures in the US economy, in turn linked to a waning of elevated price growth in the services economy. The latest price data from the PMI point to inflation falling below the F...

2024-01-25 18:50:00 ET Summary The European Central Bank left interest rates unchanged, without conveying any urgency to start cutting rates in the next few months. It seems most likely that June or July would be the preferred time to start cutting rates. Markets in Europe hav...

2024-01-25 07:30:00 ET Summary The US dollar is trading mostly quietly in narrow ranges against the G10 currencies ahead of the ECB's President Lagarde's press conference. Most of the emerging market currencies are a little firmer, but not the Mexican peso or Chinese yuan. The...