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Goldman Says Buy China Stock Dip After Rally Stalls
29.05.2024, 23:40 Uhr. ZeroHedge News - https: - Goldman Says Buy China Stock Dip After Rally Stalls By Ye Xie, Bloomberg markets live reporter and strategist China’s stock rally has lost a bit of momentum. But Goldman Sachs, one of the most vocal bulls, says the pullback creates buying opportunities. The CSI 300 benchmark has retreated about 3% since reaching a seven-month high on May 20, while...
Momentum Cools Just As Indexes Hit Record Highs
29.05.2024, 12:30 Uhr. ZeroHedge News - https: - Momentum Cools Just As Indexes Hit Record Highs By Jan-Patrick Barnert, Bloomberg Markets Live reporter and strategist After a surprisingly speedy return to all-time highs this month, upward momentum for European stock indexes is once again cooling. While market internals are still positive, the Stoxx 600 went overbought again in mid-May. Europe’s...
Yen May Ironically Get Help From The Fed Of All Places
29.05.2024, 10:16 Uhr. ZeroHedge News - https: - Yen May Ironically Get Help From The Fed Of All Places By David Finnerty, Bloomberg Markets Live reporter and strategist The dollar-yen’s very near-term risks remain skewed towards rising further, but the yen may get a welcome reprieve from the Federal Reserve in two weeks, not the Bank of Japan. The Japanese currency remains under carry trade pressure...
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