News list for "Goldman Sachs Group"

Goldman Sachs: Affected by the risk of US tariffs, it is expected that the pace of interest rate cuts in Asian countries will slow down

Goldman Sachs Group said Asian central banks would proceed cautiously with further easing given the strength of the dollar and the risk of tariffs imposed by the Trump administration. Goldman Sachs does not expect the Bank of Korea to cut interest rates further this week, according to Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs. Last week, Indonesian officials have warned that the room for lowering borrowing costs has narrowed due to political developments in the United States. ...

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2024-11-25 14:40:50
Goldman Sachs: Traders overestimated the risk to financial marekt from the "difficult birth" of the US election result

Global investors are overestimating the risk that financial marekts will be thrown into uncertainty as a result of next week's US Presidential Election, according to Goldman Sachs. Michael Cahill, Lexi Kanter and Alec Phillips, the firms, said: "While we recognise the potential for tail risk, we believe market participants appear to be slightly overestimating the probability that a delay in the election will prevent financial marekts from digesting a possible election outcome on election night o...

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2024-10-30 06:52:48