logo
Goldman's Oppenheimer: 'Growing Opportunities' in Europe

Goldman's Oppenheimer: 'Growing Opportunities' in Europe

Bloomberg28-05-2025

Peter Oppenheimer, chief global equity strategist at Goldman Sachs, says the prospect of looser monetary and fiscal policy in Europe presents "growing opportunities" for equity investors when added to the cheaper valuation of European stocks when compared to their US peers. He speaks on Bloomberg Television. (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gold Advances on Middle East Tensions and Trump's Tariff Pledge
Gold Advances on Middle East Tensions and Trump's Tariff Pledge

Yahoo

time29 minutes ago

  • Yahoo

Gold Advances on Middle East Tensions and Trump's Tariff Pledge

(Bloomberg) -- Gold gained for a second day on increased tensions in the Middle East, with its haven status also supported by President Donald Trump's comments that he will inform trading partners on tariff rates within two weeks. Shuttered NY College Has Alumni Fighting Over Its Future Trump's Military Parade Has Washington Bracing for Tanks and Weaponry NYC Renters Brace for Price Hikes After Broker-Fee Ban NY Long Island Rail Service Resumes After Grand Central Fire NYC Mayoral Candidates All Agree on Building More Housing. But Where? Bullion rose as much as 0.6% to around $3,373 an ounce, extending a 1% gain from the earlier session when it was also boosted by a declining dollar. Buying interest increased after the US ordered some embassy staff to depart Baghdad and allowed military families to leave the Middle East, after Iran threatened to attack US bases if talks over its nuclear program fell through. Separately, Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies. The president also said a trade framework with China has been completed, with levies between the two largest economies to be maintained at their current levels. Uncertainties over global trade tensions and heightened geopolitical risks have rattled markets this year, boosting gold's allure as a store of value in turbulent times and powering a year-to-date advance of 28%. The precious metal, which reached an all-time high in April, has also been supported by increased central-bank buying. Spot gold was up 0.3% to $3,364.43 as of 7:59 a.m. Singapore time. The Bloomberg Dollar Spot Index was steady after falling 0.4% on Wednesday. Silver, platinum and palladium all gained. New Grads Join Worst Entry-Level Job Market in Years The Spying Scandal Rocking the World of HR Software American Mid: Hampton Inn's Good-Enough Formula for World Domination The SEC Pinned Its Hack on a Few Hapless Day Traders. The Full Story Is Far More Troubling Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again ©2025 Bloomberg L.P.

Trump 'gold card' website opens. Here's how to join the $5 million waitlist
Trump 'gold card' website opens. Here's how to join the $5 million waitlist

USA Today

timean hour ago

  • USA Today

Trump 'gold card' website opens. Here's how to join the $5 million waitlist

Trump 'gold card' website opens. Here's how to join the $5 million waitlist Show Caption Hide Caption Trump wants to sell $5 million 'gold cards' as path to citizenship President Donald Trump says he wants to offer wealthy immigrants "gold cards" that would give a pathway to citizenship in exchange for a $5 million purchase price. President Donald Trump's long-touted "gold card," which offers foreigners a path to U.S. citizenship after paying $5 million to the government, is open for business. But even if you have the money, there's a waitlist at And read the fine print carefully: Your $5 million doesn't buy you immediate citizenship. Trump has said that he is not seeking approval from Congress as he is not providing gold card buyers with citizenship - only a path to citizenship. The path to citizenship requirements for card buyers are unclear and White House officials have said more details will be provided soon. The most common path to U.S. citizenship through naturalization is being a lawful permanent resident for at least five years. It requires the applicant to be least 18 years old when they apply, be able to read, write, and speak basic English (depending on age) and be of "good moral character." Trump has described the card, which he has also dubbed the Trump card, as 'somewhat like a green card, but at a higher level of sophistication.' 'FOR FIVE MILLION $DOLLARS, THE TRUMP CARD IS COMING!,' President Donald Trump announced on Truth Social on June 11. 'Thousands have been calling and asking how they can sign up to ride a beautiful road in gaining access to the Greatest Country and Market anywhere in the World.' The website shows an image of the gold-colored card, emblazoned with a likeness of Trump's face, and asks a few questions including name, region, email address and if an applicant is applying for themselves or as a business. The new website asks interested people to fill out a form that specifies eight regions: Europe, Asia (including Middle East), North America, Oceania, Central America, South America, Caribbean and Africa. Other countries also offer immigration programs that offers permanent residency or citizenship to foreign investors in exchange for investment. Portugal, for example, offers residency and a path to EU citizenship after five years. When he first floated the idea in February, Trump said the card would replace the "EB-5" immigrant investor green card visa program, The EB-5 visa allows immigrant investors the option to invest between $800,000 and $1.05 million to obtain a green card. The investment money is used to help create or preserve U.S. jobs. 'Wealthy people will be coming into our country by buying this card,' Trump said in February. 'They'll be wealthy, and they'll be successful, and they'll be spending a lot of money, and paying a lot of taxes and employing a lot of people.' 'It's a road to citizenship for people and essentially people of wealth or people of great talent where people of wealth pay for those people of talent to get in,' he said. Swapna Venugopal Ramaswamy is a White House correspondent for USA TODAY. You can follow her on X @SwapnaVenugopal

India Central Bank Sends Conflicting Signals With Surprise Moves
India Central Bank Sends Conflicting Signals With Surprise Moves

Bloomberg

timean hour ago

  • Bloomberg

India Central Bank Sends Conflicting Signals With Surprise Moves

India's central bank under new Governor Sanjay Malhotra is giving market participants conflicting signals about monetary policy as it takes aggressive steps to spur economic growth and lending. The Reserve Bank of India surprised analysts last week by cutting interest rates more than expected and announcing a cash boost for banks, citing the need to spur growth. Yet, at the same time, it changed the policy stance back to neutral after just one meeting, a relatively hawkish signal on future rate cuts. Malhotra — who has been in the role for six months now — said at the time there's 'very limited space to support growth.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store