0153 GMT - Goldman Sachs cuts its targets for Japan's Topix to 3900 from 4200 for three months, and to 4100 from 4400 for six months on heightened near-term geopolitical concerns. GS Research now assumes 21 days of reduced oil exports through the Strait of Hormuz versus 10 days assumed previously. GS Research also raises the oil-price trajectory for Brent to $110 a barrel in March and to $85 a barrel in April before falling to $71 a barrel in 4Q. In addition, GS Research cuts its 2026 forecast for Japan's real GDP growth to 0.5% from 0.8%. The Topix is 0.5% lower at 3609.69. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 15, 2026 21:53 ET (01:53 GMT)
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