… Goldman Sachs has revised its fourth-quarter 2026 Brent forecast to US$80 per barrel and expects Persian Gulf crude exports to return to pre-war levels by end-July. …
… News of the preliminary agreement prompted investment banks, including Goldman Sachs, Morgan Stanley and Citi, to lower their oil price forecasts. …
… The underwriters, which included Goldman Sachs, Bank of America, and JPMorgan, exercised the option in full, purchasing an additional 83.3 million shares directly from the company to meet the huge demand. …
… President Donald Trump, though Tehran warned it would resume hostilities if Israel continued to hit Hezbollah in Lebanon. * Goldman Sachs said it expects the U.S. …
… The purchases included securities linked to companies such as Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America , and Goldman Sachs, as well as trades in municipal bonds. …
… Her career spans senior strategy and transformation roles at leading global institutions, including ICE Futures Europe, PwC (with client engagements across Goldman Sachs, HSBC, RBS, Citigroup, and UBS), J.P. …
… Across the rest of the “Big Six” banks – which includes Bank of America, Morgan Stanley, Citigroup, Goldman Sachs and Wells Fargo, as well as JP Morgan – profits all rose substantially in the first quarter of the year. …
… Across the rest of the “Big Six” banks – which includes Bank of America, Morgan Stanley, Citigroup, Goldman Sachs and Wells Fargo, as well as JP Morgan – profits all rose substantially in the first quarter of the year. …
… Because of the disruptions, global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the pace of depletion was becoming a concern as supplies remained restricted. …
… Goldman Sachs subsequently raised its fourth-quarter oil price forecasts to $90 a barrel, citing “unprecedented scale of the shock” to global supplies. …
The spread between official and informal dollar rates in Ghana remains at 10.3–11.6 percent above the Bank of Ghana's interbank rate, with forex bureaus quoting GH¢12.35–GH¢12.50 per dollar compared to the official GH¢11.1986 rate. The persistent gap endures despite the cedi recording strong recent performance supported by improved foreign exchange liquidity and central bank interventions.
Why it matters
Street forex premium persists above 10 percent despite recent cedi gains, signalling continued informal market pressure and confidence gaps in official rates.
The spread between official and informal dollar rates in Ghana remains at 10.3–11.6 percent above the Bank of Ghana's interbank rate, with forex bureaus quoting GH¢12.35–GH¢12.50 per dollar compared to the official GH¢11.1986 rate. The persistent gap endures despite the cedi recording strong recent performance supported by improved foreign exchange liquidity and central bank interventions.
Brent crude fell 5.1% to $78.96 a barrel and U.S. WTI fell 5.8% to $76.05 on Tuesday, reaching their lowest levels since March, as details emerged of an interim deal to end the Middle East war and reopen the Strait of Hormuz, including an agreement allowing Iran to sell oil.
SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.
Spot gold fell 0.2% to $4,319.98 per ounce on Tuesday for a third consecutive session, pressured by rising Treasury yields that increase the opportunity cost of holding bullion, while Middle East tensions and expectations of higher U.S. interest rates weighed on the market.
U.S. President Donald Trump disclosed at least $220 million in financial transactions involving major U.S. company securities in the first three months of 2026, according to ethics filings released by the U.S. Office of Government Ethics. Purchases included securities linked to Microsoft, Meta Platforms, Oracle, Broadcom, and other firms, with the cumulative value reported in broad ranges totaling between $220 million and around $750 million.
Gillian Darko, VP of Strategy at Yellow Card, was recognized at the Ghana Fintech Awards as a leading voice shaping the future of financial technology in Ghana. Her work involves driving strategic initiatives across markets and helping position digital assets within Africa's financial ecosystem.
As the US-Israel war in Iran drives up energy prices and disrupts shipping through the Strait of Hormuz, major oil and gas companies report record profits. BP's first-quarter profits more than doubled to $3.2 billion, Shell reported $6.92 billion in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4 billion, with European firms benefiting from volatile energy prices and trading operations.
Major oil and gas companies including BP, Shell, and TotalEnergies have reported record profits as conflict and Iran's closure of the Strait of Hormuz have driven up energy prices and volatility. BP's profits more than doubled to $3.2bn, Shell reported $6.92bn in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4bn.
Oil prices eased more than 1% on Tuesday after the U.S. Navy launched an operation to loosen Iran's closure of the Strait of Hormuz, with a U.S.-flagged vessel successfully exiting the Gulf with military escort. Brent crude fell to $113.22 per barrel and WTI crude to $104.40, though analysts cautioned the escorted passage remains a limited event rather than full reopening.
Iran has offered to end its military presence choking the Strait of Hormuz in exchange for a total lift of the U.S. naval blockade, regional officials said Monday. Foreign Minister Abbas Araghchi is in Russia meeting with President Vladimir Putin as part of intensified diplomatic efforts amid stalled peace talks with the United States and Israel.