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Musk: Teslas electric semi-truck will begin mass production this year.February 9th - Goldman Sachs trading arm stated that after a rebound in U.S. stocks last Friday, almost recovering the weeks brutal losses, this week will face further selling pressure from trend-following algorithmic funds. The S&P 500 has broken through a short-term trigger point, prompting commodity trading advisors (CTAs) to sell stocks. Goldman Sachs expects these systematic strategies, which track stock market movements rather than fundamental factors, to remain net sellers in the coming week, regardless of market direction. Goldman Sachs stated that if the stock market falls again, it could trigger approximately $33 billion in selling this week. If market pressure persists and the S&P 500 falls below 6707 points, there could be as much as $80 billion in systemic selling over the next month. In a stable market environment, CTAs are expected to sell approximately $15.4 billion in U.S. stocks this week, and even if the stock market rises, these funds are still expected to sell approximately $8.7 billion.February 9th - Goldman Sachs trading arm stated that after a rebound in U.S. stocks last Friday, almost recovering the weeks brutal losses, this week will face further selling pressure from trend-following algorithmic funds. The S&P 500 has broken through a short-term trigger point, prompting commodity trading advisors (CTAs) to sell stocks. Goldman Sachs expects these systematic strategies, which track stock market movements rather than fundamental factors, to remain net sellers in the coming week, regardless of market direction. Goldman Sachs stated that if the stock market falls again, it could trigger approximately $33 billion in selling this week. If market pressure persists and the S&P 500 falls below 6707 points, there could be as much as $80 billion in systemic selling over the next month. In a stable market environment, CTAs are expected to sell approximately $15.4 billion in U.S. stocks this week, and even if the stock market rises, these funds are still expected to sell approximately $8.7 billion.US President Trump: The US election is full of fraud and theft, and has become a laughing stock around the world.Market news: Multiple explosions were heard in Kyiv, the capital of Ukraine.

Barclays Increases Its Holdings In Australia's Barrenjoey Capital

Haiden Holmes

May 18, 2022 10:05

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Barclays (LON:BARC) Plc announced on Wednesday that it has nearly quadrupled its shareholding in Barrenjoey Capital Partners to aid in the expansion of the Australian boutique investment bank's operations.


By targeting clients who value specialist expertise, investment banking boutiques in Australia are attempting to escape the restricted bureaucracy and declining bonuses of larger banks.


Barclays, the third-largest British bank by market value, boosted its stake in Barrenjoey from 9.9 percent to 18.2 percent by investing A$75 million ($52.72 million) in new capital. Barrenjoey was founded by former UBS bankers and sponsored by Barclays and Magellan.


Barclays stated in a statement that Australia is an integral element of its strategic growth objectives in the Asia Pacific region.


In the second half of the year, the additional capital will be essential to support the growth of Barrenjoey's markets business, which includes the establishment of fixed income derivatives and equities financing platforms, according to Barclays.

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