Eamonn Sheridan

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Commodities
Updating oil, tracked a little higher 28 May 2026
Commodities

US and Iran offer clashing accounts of fresh Hormuz confrontation near Bandar Abbas

  • Two versions of the same incident, almost no overlap, and a ceasefire that both sides still claim is technically in force.
Central Banks
cny yuan pboc 23 September 2025 2
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.8240 (vs. estimate at 6.7861)

  • PBOC CNY reference rate setting for the trading session ahead. CNY set strongest since 15 February 2023.
Central Banks
Fed
Central Banks

Fed's Jefferson says stopping second-round inflation effects is the Fed's core task

  • Jefferson cannot stop the energy shock, but he is making clear the Fed will stop it becoming something worse.
Central Banks
ecb lane euro update 28 May 2026
Central Banks

ECB's Lane warns Iran war inflation could persist long after conflict ends

  • Lane's message to anyone waiting for the Iran war to end and inflation to follow: don't count on it.
Central Banks
kashkari
Central Banks

Fed's Kashkari says inflation much too high and remains his top priority

  • Kashkari's message is simple: the labor market is fine, inflation is not, and that is where the focus stays.
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