Wall Street determines: Trump's bearish on oil prices.
Goldman Sachs and Citigroup both believe that Trump's tariff policy may bearish for oil prices. Goldman Sachs said that if tariffs severely affect the global economy, oil prices may fall by $11 to $19 per barrel next year.
Car enthusiasts are aggressively attacking BYD.
Aiming at the global market.
Huize Announces Partnership With New China Life Insurance
Goldman Sachs: For every 10% drop in gold price, physical gold demand in China rises 16%, and gold prices are expected to remain at 2700 next year.
Goldman Sachs believes that physical gold demand still dominates the Chinese market, and Chinese consumers may play a key role in pushing up gold prices. There is still more than 12% room for gold prices to rise next year, and expectations of a Fed rate cut and demand from central banks around the world will also help boost gold prices.
NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
"Continued Deterioration"! Goldman Sachs warns that overcapacity will depress copper prices in the short term
Goldman Sachs analysts pointed out that China's exports of cathode copper hit a new high in June, but inventories increased and there was a headwind on the demand side. At the same time, the increase in supply in Africa, the supply growth of Congo and Zambia has been underestimated.