TAG: Morgan stanley
Morgan Stanley sees brent crude prices hitting $90/barrel this summer
Global brokerage house Morgan Stanley sees brent crude oil prices hitting $90 per barrel this summer. The brokerage has revised its Brent oil price projections upward by $10 per barrel to $90 for the third quarter of 2024. This adjustment is attributed t...
6 months ago
US earnings preview: Q1 2024 Banking results in focus
The next round of US bank earnings kicks off on the week commencing 12 April 2024. Amongst the major names reporting are JP Morgan Chase & Co., Wells Fargo, Citigroup, Goldman Sachs, Bank of America and Morgan Stanley. JP Morgan Chase & Co. When...
6 months ago
Wall Street Explained: History, Naming & Importance
Wall Street is arguably one of the most renowned and famous streets globally, situated in New York City. However, its significance transcends mere infrastructure. So what is Wall Street exactly, what is the history of Wall Street, and how is it important...
6 months ago
Oil traders stay bullish as Brent hovers at $90: ‘Crude to stay elevated even if Middle-East tensions cool down’
The world’s top commodity traders and analysts are increasingly confident of a bullish oil market into the second half of the year after Brent crude prices pierced $90 per barrel for the first time in months. The elevation in crude prices comes after the...
6 months ago
Morgan Stanley hikes Q3 outlook to $94 on geopolitical tensions as Brent hovers over $90/bbl
Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this year by $4 per barrel to $94, citing geopolitical risks. "That the degree of geopolitical risk in key oil producing regions has increased recently seems clear and...
6 months ago
GBP/USD edges higher after flat retail sales
The British pound dipped 0.30% earlier today but has managed to recover the losses. In the European session, GBP/USD is trading at 1.2451, up 0.12%. Retail sales misses estimate The UK release retail sales were flat in March, after a revised 0.1% gain in...
5 months ago
Morgan Stanley to allow advisers to offer Bitcoin ETFs to wealthy clients
Morgan Stanley gave thousands of financial advisers the green light to solicit eligible clients to purchase spot-Bitcoin exchange-traded funds as soon as next week, according to a person familiar with the matter.The company in a memo told its 15,000-stron...
2 months ago