Goldman lowers recession forecast

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The major bank Goldman Sachs has reduced its expected odds of a recession in the United States by the end of 2024 to 15%. The reduction was done due to good monthly employment data.
Back to articles

Actual Topics

Thu, 10 Oct 2024 12:34:16 GMT

US inflation is higher than forecast

The monthly US Consumer Price Index data has revealed that inflation in the USA is higher than expected. Dollar is trading with increased volatility. US CPI is 0.2% instead of 0.1%. Core CPI increased 0.3% not 0.2%. Annual inflation is 2.4% instead of expected 2.3%.

Thu, 10 Oct 2024 15:30:03 GMT

Goldman lifts stock forecast

Goldman Sachs has increased its end of year forecast for the S&P 500 index. The target has been raised from 5,600.00 up to 6,000.00.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.