Goldman Sachs issues first "overweight" forecast for Aus stocks since the GFC

Dhwani Mehta FXStreet

The Australian press as well as Business insider runs a story today, citing that Goldman Sachs has turned ‘overweight’ on the Australian equities for the first time since the global financial crisis (GFC).

Key Headlines:

Goldman Sachs (GS) has a bullish call on the banks and materials sectors

GS has issued its first "overweight" forecast for the Australian share market since the GFC

They say market trends seen in the latter part of 2016 would drive markets next year

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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