Good morning.
Goldman’s equities traders are about to set another record, with the desk on track to clear USD5 billion for the quarter, according to Bloomberg.
With a week still on the clock, execs reckon they could even top the USD5.3 billion they printed in Q1, as hedge funds throw money at anything AI-adjacent and with Asia doing the bulk of the lifting.
We’ll see if the Korean chip rout takes the shine off.
| ▼ | ASX 200 | 8,787 | -0.33% |
| ▲ | ASX futures | 8,786 | +0.39% |
| ▼ | S&P 500 | 7,365 | -1.44% |
| ▼ | NASDAQ | 25,587 | -2.21% |
| ▼ | AUD/USD | 0.69 | -1.26% |
| ▼ | Bitcoin | 62,373 | -3.08% |
ASX 200 as at market close. Bitcoin in USD.
Market movers
Shares in Iluka Resources sank over 10% Tuesday after the rare earths miner signed its first binding rare earths offtake agreement, with investors left underwhelmed by the contracted volumes relative to the planned production capacity of its refinery.
Lead left