Sometimes the first person in a family to earn significantly more is not building wealth at all. They are financing everyone else's transition from survival to stability. It is a responsibility that deserves more nuanced conversations.
LS Preview | Eurozone October Inflation Expected To Hit 4%
- Core rate projected to hold 2.5% y/y
- Oil takes a bid after US strikes overnight
- ECB rate hike anticipated in December
- Data due Wednesday at 10:00 GMT / 11:00 CEST
https://t.co/Zt0XnBj3jv
BoC's Gov. Macklem: The outlook for inflation has deteriorated. With the war in the Middle East persisting, global oil prices have increased and are expected to remain higher for longer, which is hitting Canadians at the gas pump and increasing costs for many businesses.
Big Week For Crypto Holders 🚨
▫️ 2nd November: US market opens after Friday's bloodbath, ISM Manufacturing PMI, and Apple earnings.
▫️ 3rd November: US midterm elections, JOLTs job openings, AMD earnings
▫️ 4th November: Eurozone Inflation, Possible US Strikes on Iran
▫️ 5th November: US Jobless claims, EU PPI data
▫️ 6th November: US unemployment rate data, Non-farm payrolls
This week, we have elections, job data, and big tech earnings.
The most important one is obviously elections, so be prepared for another volatile week.
GOLDMAN SACHS SHARPLY RAISES OIL PRICE FORECASTS THROUGH 2027
Goldman Sachs raised its Brent crude forecast for Q4 2026 to $108 per barrel, up from $95, while increasing its WTI forecast to $96 from $85.
The bank also lifted its 2027 Brent forecast to $88 from $80 and WTI to $78 from $73.
For Q1 2027, Goldman now expects Brent at $98 and WTI at $87.
However, its 2028 forecasts were lowered to $73 for Brent and $66 for WTI.