Wednesday , 24 December 2025

Recent Posts

Global stocks, futures rise as earnings week kicks off

Bloomberg Global stocks rose with US equity futures ahead of earnings from big American banks that will act as a barometer of economic health as the pandemic continues to rage. The dollar was steady. The Stoxx Europe 600 Index climbed as traders awaited outlooks from a slew of companies that have yet to provide concrete guidance on the impact of …

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Goldman boosts S&P 500 earnings outlook, says focus on guidance

Bloomberg Goldman Sachs Group Inc. has become a little more optimistic on earnings prospects for the S&P 500 Index this year but stressed that management commentary from companies is going to be important to gauging the outlook. Goldman’s baseline forecast for S&P 500 earnings per share in 2020 is $115, up from a prior estimate of $110. The firm maintained …

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Opec readies next move in bid to avoid oil-market taper tantrum

Bloomberg Saudi Oil Minister Prince Abdulaziz bin Salman likes the idea of Opec+ acting as the central bank of oil. And he expresses admiration for Alan Greenspan, former chairman of US Federal Reserve. The challenge now confronting the oil producers’ club is one that’s all too familiar to the Fed: how to avoid a “taper tantrum,” the market panic that …

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