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Goldman Sachs Gains Ground in High-Stakes $19 Billion Race
GuruFocus ·
GuruFocus reports: Goldman Sachs is expected to emerge as Wall Street's biggest equities-trading winner in the third quarter, with analysts forecasting roughly $5.1 billion in stock-trading revenue as the largest U.S. banks prepare to report earnings next week. Combined equities-trading revenue across the major Wall Street banks is expected to approach $19 billion , according to analyst estimates compiled by Bloomberg. Goldman is projected to narrowly lead Morgan Stanley , which is expected…
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U.S. Dollar Gains Ground As Oil Rallies: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPYRead story summary
U.S. Dollar Index gains some ground as traders focus on the Initial Jobless Claims report. The report indicated that 197,000 Americans filed for unemployment benefits in a week, compared to analyst consensus of 200,000. The previous report was revised from 197,000 to 199,000. The report indicated that the job market remained in decent shape. U.S. Dollar ...
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