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Goldman Sachs warns next US president will have limited means to boost domestic oil supply, noting strategic reserves are low and regulatory easing will only modestly affect long-term supply; 2025 Brent price forecast to be between US$75-US$90/barrel
Published: July 26, 2024 by BusinessAM
Evercore: Q2 GDP, PCE data came in stronger than expected, but 'not enough to seriously challenge' expected September Fed rate cut; robust figures driven by surge of immigrant workers, strong domestic labor force participation, healthy productivity levels
Published: July 26, 2024 by Investing.com
EU Council confirms excessive deficits in seven member states, including Belgium and France; Romania's corrective procedure remains open due to lack of effective action
Published: July 26, 2024 by Industry Intelligence Inc.
EU Council initiates excessive deficit procedures against Belgium, France, Italy, Hungary, Malta, Poland, and Slovakia; Romania remains under procedure since 2020 due to insufficient corrective action
Published: July 26, 2024 by Council of the European Union (European Council)
Jefferies identifies geopolitical tensions in Middle East and Russia-Ukraine conflict as top market risks, especially in G7 world; outlook remains positive on equities and credit in H2, with both Fed and ECB expected to initiate rate cuts in September
Published: July 26, 2024 by Investing.com

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