Goldman's results, U.S. retail sales, County Garden - what's moving markets
Investing.com --Goldman Sachs releases its latest quarterly results in difficult circumstances, while retail sales will provide clues of the health of the U.S. consumer. County Garden nears debt default, while oil markets look to Venezuela for potential supply.However, Goldman looks likely to disappoint as deal-making lags and the bank retreats from a loss-making consumer business.
Country Garden's entire offshore debt will be deemed to be in default if the company fails to make a $15 million coupon payment later Tuesday, the end of a 30-day grace period. The crude market slid around $1 a barrel on Monday after Reuters reported, citing multiple sources, that Venezuela’s government and the opposition plan to resume long-suspended talks on Tuesday.
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