Goldman Sachs pushes Fed rate-cut forecast to 2027 on strong US jobs data

In a new report, market expert Sam Daodu laid out three tentative scenarios for where XRP could be heading in 2027. His projections are built around several moving parts: the CLARITY Act, the XRP Ledger (XRPL), and exchange-traded funds (ETFs).  Conservative XRP Outlook Under Daodu’s most conservative outlook, XRP could trade between $3 and $5 by 2027. This range assumes that the CLARITY Act moves forward and that demand for XRP through ETFs grows at a steady pace rather than in dramatic bursts.  Daodu argues that this “unflashy” kind of progress would be enough to pull XRP back toward its earlier peak levels in under two years, without requiring a major, sudden breakout.  Related Reading: Dogecoin (DOGE) At $0.086–Two Scenarios Ahead, Including A New 32% Crash In this scenario, Standard Chartered’s $7 XRP target for 2027 sits near the optimistic end, but the $3 to $5 outcome is presented as the best fit for current conditions if nothing destabilizes the market. A more bullish case pus

The rising profitability of European banks is likely to drive significant consolidation, reshaping the banking landscape and increasing market competition. The post Goldman Sachs says EU bank M&A rationale is rising with profits appeared first on Crypto Briefing.

Rising US rate-hike expectations could shift investments from non-yielding assets like gold and crypto to higher-yielding alternatives. The post Gold falls to two-month low as strong US jobs data boosts rate-hike bets appeared first on Crypto Briefing.

Goldman Sachs data shows hedge funds bought global equities at the fastest pace in four months before the Nasdaq's worst point drop in history on June 5. The post Goldman Sachs data shows hedge funds bought equities at fastest pace in months, right before US selloff appeared first on Crypto Briefing.

Investors should consider “HALO” stocks for longer-term investments, according to a Goldman Sachs equity strategist. HALO stands for “Heavy Assets, Low Obsolescence” and is a strategy that involves investing in stocks associated with sectors considered resilient to disruptions from artificial intelligence. Sharon Bell, a senior European equity strategist at Goldman, says in a new interview […] The post HALO Stocks Primed To Emerge As ‘Structural Winners’ and Key Long-Term Investments: Goldman Sachs Equity Strategist appeared first on The Daily Hodl.

Delayed rate cuts may sustain tighter financial conditions, impacting investment strategies and potentially curbing speculative asset growth. The post Goldman Sachs pushes Fed rate-cut forecast to 2027 on strong jobs data appeared first on Crypto Briefing.

Rising Fed rate hike expectations could sustain pressure on tech and crypto markets, altering investment strategies and asset valuations. The post US stock futures drop after tech selloff as Fed rate hike expectations surge appeared first on Crypto Briefing.

Traders on multiple prediction markets are pricing near-certainty that the Federal Reserve will hold interest rates unchanged at its June 16–17 meeting, even as a new Fed Chair steps into one of the most scrutinized policy seats in the world. Warsh Takes the Chair Kevin Warsh officially leads the Federal Open Market Committee (FOMC) for […]