Goldman Strategists See Battered China Stocks Rising 20% in 2025
  • January 12, 2025

Goldman Strategists See Battered China Stocks Rising 20% in 2025

(Bloomberg) -- Goldman Sachs Group Inc. strategists are sticking to their bullish stance on Chinese stocks despite an ongoing rout, predicting that benchmarks will rise about 20% by year-end.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersStrategists led by Kinger Lau remain overweight on both onshore and offshore Chinese shar

Five Key Charts to Watch in Global Commodity Markets This Week
  • January 12, 2025

Five Key Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- The weather-influencing La Niña phenomena is making a comeback. Global food prices are rising again as agricultural goods get more costly. And tariff fears are pushing traders to shift metals into North American warehouses.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Tra

Morning Bid: Hot US jobs data stoke yield fire, scold stocks
  • January 12, 2025

Morning Bid: Hot US jobs data stoke yield fire, scold stocks

If the reaction in U.S. stocks, bonds and the dollar to Friday's sizzling U.S. employment report is any guide, Asian markets are in for a bumpy ride on Monday, rocked by another whoosh higher in bond yields and inflation fears. The U.S. economy created over a quarter of a million net new jobs and the unemployment rate fell last month, reflecting a robust labor market. The S&P 500 fell to its lowest since November 5, the day of the U.S. presidential election, and it looks like soaring bond yields could crush investors' appetite for risky assets like stocks.