Goldman Sachs: Lowers Three-Month and Six-Month Targets for Japan's Topix Index Due to Escalating Geopolitical Concerns

MaticHoleFiller · 2026-03-18T05:41:31+00:00

Goldman Sachs adjusts its Japan Nikkei 225 index targets due to geopolitical concerns, lowering the 3-month target to 3900 points and the 6-month target to 4100 points. Meanwhile, the firm expects crude oil exports to decline for 21 days, with Brent crude oil prices projected to reach $110 per barrel in March. Goldman Sachs has also lowered its Japan GDP growth forecast for 2026 to 0.5%.

MaticHoleFiller

2026-03-18 05:41:31

Abstract generation in progress

Goldman Sachs has lowered its three-month target for the Tokyo Stock Exchange Index from 4,200 to 3,900 points and its six-month target from 4,400 to 4,100 points due to recent geopolitical concerns. The Goldman Sachs research team now assumes that oil exports through the Strait of Hormuz will decrease by 21 days, up from the previous assumption of 10 days. They have also raised their forecast for Brent crude oil prices, expecting it to reach $110 per barrel in March, $85 in April, and then fall back to $71 in the fourth quarter. Additionally, Goldman Sachs has downgraded its forecast for Japan’s real GDP growth in 2026 from 0.8% to 0.5%.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes