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25.08.26 - 10:27
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Goldman Sounds Alarm: Europe May Need €100 NatGas Shock To Refill Winter Storage (ZeroHedge)
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Goldman Sounds Alarm: Europe May Need €100 NatGas Shock To Refill Winter Storage
We have warned that Europe is approaching a twin energy crisis, with the Northern Hemisphere winter now just three months away.
Dutch front-month gas futures, Europe's benchmark contract, surged Monday morning to 67 euros per megawatt-hour, the highest level since early 2023.
Goldman Sachs commodities expert Samantha Dart warns that EU NatGas prices may need to more than double from her base-case forecast if LNG exports through the Strait of Hormuz remain constrained.
Dart said reduced Qatari LNG loadings have forced Europe to compete more aggressively with Asia for available cargoes.
"We have argued that, in the absence of an improvement in LNG exports through the Strait of Hormuz (SoH) (Exhibit 1), European gas prices (TTF) would need to rise to discourage Asia LNG demand, thereby freeing incremental cargoes to be sent to Europe to help manage European gas storage levels," she said.
Dart warned tha...
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24.08.26 - 21:30
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Goldman, Neos Discuss $2.3 Billion Deal (Bloomberg)
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Bryon Lake, chief transformation officer and global head of third party wealth at Goldman Sachs Asset Management, and Troy Cates, co-founder of Neos Investments, join Scarlet Fu and Eric Balchunas on "ETF IQ." Goldman Sachs Asset Management will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager's reach in the actively managed exchange-traded fund market. (Source: Bloomberg)...
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24.08.26 - 14:00
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China′s advanced chip supply to surge by 2035 despite equipment bottlenecks, Goldman says (SCMP)
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China is on track to dramatically slash its deficit in advanced chips over the next decade as domestic foundries rapidly scale up production, though the weak link of lithography threatens to keep full semiconductor independence out of reach, according to US investment bank Goldman Sachs.
The supply of wafers made using 7-nanometre and below advanced processes is projected to grow at a compound annual rate of 46 per cent between 2025 and 2035, far outpacing the 17 per cent growth expected in......
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