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After A Brutal Autumn, Futures Traders Await Crude's Upside
Thursday, November 29, 2018 - 11:33am | 760Read More...In what has been the most precipitous drop the commodity has seen since July/August of 2015, futures contracts for both Brent crude and the US-benchmarked WTI crude oil are back down to trading below 52-week lows. After falling more than 30 percent in less than two months, investors are looking for...
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Goldman Sachs: Gold Could See Some Short-Term Upside If The Fed Hesitates In Raising Rates In September
Wednesday, July 29, 2015 - 4:29pm | 252Read More...With gold prices crashing down in the last few months and breaking the $1100 mark, investors are now fearing that prices could decline to $1050 soon. However, it could make Jeff Currie, Goldman Sachs global head of commodities, happy because that's his price target on gold. Currie was on...
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Goldman Sachs: Oil Will Be At $45 In October And $50 By Year End
Friday, June 5, 2015 - 4:37pm | 403Read More...When oil prices came crashing down last year, many expected the production to follow suit. However, instead of dropping, oil production has been on a gradual rise and, according to Goldman Sachs' Global Head of Commodities Research Jeff Currie, that’s the reason to be negative on oil....
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Goldman Sachs Head Of Commodities Research Explains Why He Cut His Forecast For Oil
Tuesday, January 13, 2015 - 8:17am | 332Read More...Crude took a big shot on Monday, making a low of $45.88. Goldman Sachs Group Inc (NYSE: GS) cut its short-term price forecasts and there are no signs of a decline in supply from Gulf countries. Jeff Currie, head of commodities research at Goldman Sachs, was on CNBC Monday to discuss why he...
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Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353Read More...U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
