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British Prime Minister Starmer: We must be prepared for the Middle East conflict to continue for some time.
2026-03-23
British Prime Minister Starmer: We must be prepared for the Middle East conflict to continue for some time.
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2026-03-23
SPOT YUAN FALLS 245 PIPS TO 6.9062/USD, WEAKEST SINCE MARCH 9
SPOT YUAN FALLS 245 PIPS TO 6.9062/USD, WEAKEST SINCE MARCH 9
2026-03-24
Goldman Sachs raised the likelihood of a U.S. recession in the next 12 months to 30%, up 5 percentage points, citing surging oil and gas prices, tighter financial conditions from the Middle East conflict, and fading effects of Trump’s tax law. Chief
Goldman Sachs raised the likelihood of a U.S. recession in the next 12 months to 30%, up 5 percentage points, citing surging oil and gas prices, tighter financial conditions from the Middle East conflict, and fading effects of Trump’s tax law. Chief Economist Jan Hatzius projects unemployment will reach 4.6% by year-end. The bank expects sub-trend GDP growth of 1.25–1.75% in H2 and anticipates Fed rate cuts in September and December. Goldman also raised its oil forecast due to ongoing Strait of Hormuz disruptions.
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