Goldman lifts Brent, WTI outlook; $120 oil possible if shipping attacks widen
Goldman Sachs raised its oil price forecasts and flagged a potential rally to $120 per barrel if Middle East shipping attacks intensify.
Crypto, forex and global macro markets — insight to help you spot the opportunity
Goldman Sachs raised its oil price forecasts and flagged a potential rally to $120 per barrel if Middle East shipping attacks intensify.
Japan's revised Q2 GDP came in at 1.4% year-on-year, above the preliminary 1.1% estimate.
Japan's real wages rose 2.4% in July, seventh straight gain, while nominal pay hit 4.7%, fastest since 1997, supporting BOJ rate hike.
Japan's July 2026 average cash earnings rose 4.7% year-on-year, beating the 3.9% forecast, and real wages increased 2.4%.
Cardano founder Charles Hoskinson argued that Lindsay Clancy should face execution after her trial ended in a mistrial.
UK retail sales growth slowed to 0.7% in August, the smallest increase since April, as the summer boost faded. Consumer confidence also dropped.
Lululemon stock closed at $100.61, down 80% from its 2023 peak, as the company cut sales forecasts and founder Chip Wilson faces divorce without a prenup.
Oil gained over $1 as reports of Saudi blasts and Iran's vow to strike energy infrastructure added to supply risk.
UBS retains a constructive gold view, positioning it as a portfolio hedge against inflation and geopolitical risks, and advises using price dips to build…
Liquid bridge attackers returned 3,400 BTC on Monday after Blockstream patched the flaw. About 598 BTC remains unreturned.