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  • Mar 11, 2025

US Stock Skepticism Deepens as Goldman Cuts S&P 500 Target

(Bloomberg) -- Goldman Sachs Group Inc. strategists lowered their target for the US equity benchmark, and lifted their view on European earnings, in a further sign of growing skepticism on the outlook for the world’s largest economy.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launch

  • Mar 11, 2025

Sumitomo Mitsui Markets Head Sees BOJ Rate at 30-Year High

(Bloomberg) -- The veteran head of markets at one of Japan’s largest banks sees the potential for the central bank to raise benchmark interest rates to a three-decade high of 2% if economic trends persist. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Sup

  • Mar 11, 2025

Poland to Keep Interest Rates Steady as Economy Rebounds

(Bloomberg) -- Improving economic prospects and persistent inflation are likely to prompt Poland’s central bank to keep the country’s interest rates unchanged for yet another month. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsThe Mo

  • Mar 11, 2025

China’s Retail Investors Pile Into New Funds as Stocks Rally

(Bloomberg) -- The excitement over China’s technology development that pushed the nation’s stocks to outshine their global peers has attracted a substantial inflow of money from retail investors at home.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Suppor

  • Mar 11, 2025

Euro buoyed by Ukraine ceasefire proposal, tariffs squeeze stocks

The euro was riding near five-month highs on Wednesday on Ukraine's readiness to accept a month-long ceasefire, while stocks whipsawed on back-and-forth U.S. tariff plans as levies on steel and aluminium imports kicked in. European equity futures jumped 1.1% and FTSE futures rose 0.5% on news the U.S. would restore military aid and intelligence sharing to Ukraine after Kyiv agreed to accept a U.S. ceasefire proposal. Russian Foreign Minister Sergei Lavrov said in an interview published on Wednesday, speaking in the context of a possible Ukraine peace deal, that Moscow will avoid compromises that would jeopardise people's lives, Russian agencies reported.

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