The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.
0902 GMT - Franklin Templeton holds a constructive outlook for global equities, which may see mid-teens earnings growth in 2026, says Manraj Sekhon in a note. The chief investment officer of Templeton Global Investments expects higher earnings growth driven by lower oil prices, continued monetary easing, particularly from the Fed, and a significant reduction in long-term geopolitical risks to support risk assets. A broadening in earnings growth beyond the tech sector is also likely, most notably in the materials, industrials and consumer-discretionary sectors, he adds. The asset manager sees AI supply-chain opportunities in emerging Asian markets, including high-bandwidth memory, power-supply units and printed-circuit-board companies. Some Chinese internet companies focused on AI integration should post incremental growth, with the major cloud service providers among them benefiting from rising AI work demands. (jason.chau@wsj.com)
0729 GMT - Comex gold futures' strong bullish momentum is in play, given the relative strength index is pointing upward on the daily chart, RHB Retail Research's Aiman Kamil Bin Ahmad Shauqi says in a research report. The bullish candlestick pattern posted on Wednesday indicates sentiment remains positive, the analyst says. The commodity should continue the uptrend to test resistance at $5,000/oz after it broke above prior resistance at $4,800/oz, the analyst says. In the event that profit-taking emerges, the $4,550/oz level will likely act as immediate support, the analyst adds. Spot gold is little changed at $4,832.71/oz. (ronnie.harui@wsj.com)
0546 GMT - Seatrium's arbitration news may weigh on the stock's ability to rebound in the near term, says DBS Group Research in commentary. The Singapore offshore and marine company's subsidiary and its consortium partner Aibel filed arbitration proceedings because of disagreements over work, revenue and costs related to a North Sea wind farm project, according to a Thursday filing. DBS notes the Seatrium unit's preliminary claim is EUR180 million, while Aibel's is EUR113 million, and that the Singapore company is uncertain of the financial effect of the proceedings, as it could depend on outcome of the arbitration. Before the news broke, DBS said Seatrium had scope for a near-term rebound when its shares weakened to around S$2.08. That potential could now be limited, DBS says. Seatrium's shares are flat at S$2.13. (megan.cheah@wsj.com)
0500 GMT - As data centers fuel energy demand, betting everything on oil and gas doesn't add up, says Fortescue's Andrew Forrest. It takes decades to build oil-and-gas capacity, he tells the WSJ Leadership Institute at Davos. "Renewable energy on a 24/7 baseload basis, to be proved by my company within 3 years...is coming," and it will be cheaper than oil and gas in both operating and capital costs. Forrest sees a dissonance between the embrace of artificial intelligence and backlash against renewables. "You can't pick and choose--either science is rubbish or science is true, mate," he says. "Don't say 'I'm doing AI cause I've got the best computer scientists, then 'By the way, climate science doesn't matter, it doesn't work.' If you believe in science, climate science is changing everything--technology of renewable energy is changing everything." (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
January 22, 2026 04:02 ET (09:02 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments