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Goldman Sachs sees consumer spending weakness ahead in US and Europe, cuts Brent forecast to $80 from $90

Wed, 17 Jun 2026 07:04:54 -0400

Investing.com -- Goldman Sachs warned that consumer spending headwinds remain despite recent improvements in energy markets and resilient spending patterns.

The bank's economists noted that while an interim US-Iran peace deal has reduced upside risks to energy prices, several factors point to potential weakness in consumer spending in the coming months. Goldman Sachs oil strategists now expect Brent crude to fall to $80 per barrel in the fourth quarter of 2026, down from a previous forecast of $90.

The bank identified three reasons for concern about real income and consumer spending. First, while gasoline prices rose quickly after the start of the

Goldman Sachs sees consumer spending weakness ahead in US and Europe, cuts Brent forecast to $80 from $90

Wed, 17 Jun 2026 07:04:54 -0400

Investing.com -- Goldman Sachs warned that consumer spending headwinds remain despite recent improvements in energy markets and resilient spending patterns.

The bank identified three reasons for concern about real income and consumer spending. First, while gasoline prices rose quickly after the start of the

Goldman Sachs sees consumer spending weakness ahead in US and Europe, cuts Brent forecast to $80 from $90

Wed, 17 Jun 2026 07:04:54 -0400

Investing.com -- Goldman Sachs warned that consumer spending headwinds remain despite recent improvements in energy markets and resilient spending patterns.

The bank identified three reasons for concern about real income and consumer spending. First, while gasoline prices rose quickly after the start of the

Goldman sees three factors behind Europe's market underperformance

Fri, 12 Jun 2026 06:43:58 -0400

Investing.com -- Goldman Sachs identified energy uncertainty, rising interest rates, and limited exposure to artificial intelligence as the primary drivers behind European equities trailing global markets by 7% since the start of the conflict.

Gas prices pose a particular challenge for European economies, which show greater sensitivity to natural gas than oil. While Brent crude has fallen below $90 per barrel on weaker global demand, Goldman's commodities team pushed their Strait of Hormuz normalization assumption to end-August from end-June previously. Gas prices have moved higher due to peak summer demand in emerging markets and inventory rebuilding in developed markets ahead of

Goldman sees three factors behind Europe's market underperformance

Fri, 12 Jun 2026 06:43:58 -0400

Goldman sees three factors behind Europe's market underperformance

Fri, 12 Jun 2026 06:43:58 -0400

Goldman economists expect ECB to raise rates by 25 basis points

Thu, 11 Jun 2026 06:46:43 -0400

Investing.com -- Goldman Sachs economists anticipate the European Central Bank will increase interest rates by 25 basis points at its meeting on Thursday.

The economists predict the ECB's inflation revisions will reflect a more persistent shock, with core inflation projections for both 2027 and 2028 expected to rise. This aligns with Goldman's analysis that energy disruptions will likely have a lasting impact.

A Bloomberg survey indicates economists remain divided on revisions to core inflation beyond this year.

The expected rate increase is already fully priced into markets. Goldman analysts stated that an outcome matching their economists' expectations should have limited impact on the

Barclays: US-Iran Deal Progress Could Broaden Global Equity Performance

Fri, 29 May 2026 05:32:32 -0400

Investing.com -- Global equities continue to reach new highs, supported by headlines indicating progress toward a US-Iran deal, according to Barclays. The bank notes that strong earnings momentum and stabilizing interest rates provide key support for equities, though current strength remains concentrated in US markets, artificial intelligence, and semiconductor sectors.

European markets have rebounded recently on hopes for peace but remain below their February 27 highs, Barclays said. The STOXX Europe 600 and EURO STOXX 50 indices are still trading beneath those levels, while the S&P 500 has climbed 9% above its late February peak.