MONEY MASTER

Goldman Sachs has upgraded its outlook for Chinese stocks, expecting a potential  11% upside  if the US and China reach a trade agreement. The bank raised its  12-month target for the MSCI China Index to 90 from 85 , according to strategists led by Kinger Lau. The move reflects optimism that a deal could remove one of the biggest risks weighing on the market. Why Goldman Is Bullish A US-China trade deal could be a  “market-clearing event” , similar to rallies seen in other countries that struck trade pacts with the US in recent months. Other tailwinds include a  stronger yuan , easing regulatory pressures on private companies, and supportive liquidity conditions. Sector Focus Goldman advised investors to look at  individual stocks  and shifted its preference to: Overweight:  Insurance and materials. Underweight:  Banks and real estate. Market Context Chinese stocks have been on a winning streak, rising for three straight weeks as expectations...

Switzerland and the European Union (EU) have reached a landmark agreement to secure Switzerland’s continued access to the EU's single market, marking the end of a prolonged negotiation period following the breakdown in relations in 2021. The agreement aims to solidify economic and political ties after years of uncertainty and lays the groundwork for smoother bilateral cooperation. Key Features of the Agreement Safeguard Clause on Immigration: A reworked safeguard clause allows Switzerland to address unexpected challenges stemming from free movement of people, addressing domestic concerns without breaching the EU’s foundational principles. Financial Contributions: Transition Period (up to 2030): Switzerland will contribute  130 million francs  annually. From 2030 to 2036: Contributions increase to  350 million francs ($391 million)  annually. Sectoral Cooperation: The accord includes agreements on science funding, rail transport, and electricity. Swiss businesses had ...