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Eamonn Sheridan

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Commodities
Oil hourly chart update 12 May 2026
Commodities

Trump weighs return to combat as Iran nuclear talks falter, CNN reports

  • The ceasefire is holding for now, but Trump's patience with Iran is running out and his advisers are divided on what comes next.
Eamonn Sheridan
12/05/2026 | 00:47 GMT
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Eamonn Sheridan
12/05/2026 | 00:47 GMT
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Central Banks
pboc cny yuan cnh 23 September 2025 2
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.7945 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
12/05/2026 | 00:28 GMT
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Eamonn Sheridan
12/05/2026 | 00:28 GMT
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News
Tariff Trump
News

Trump delays beef tariff cut after rancher and Republican pushback

  • Earlier reports were that Trump was planning lowering levies as part of larger affordability push.
Eamonn Sheridan
12/05/2026 | 00:25 GMT
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Eamonn Sheridan
12/05/2026 | 00:25 GMT
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Central Banks
usdyen 12 May 2026
Central Banks

Bessent heads to Tokyo pressing Japan on yen weakness and intervention

  • Bessent wants Japan to let its central bank do the work, and he has arrived in person to say so.
Eamonn Sheridan
12/05/2026 | 00:11 GMT
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Eamonn Sheridan
12/05/2026 | 00:11 GMT
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Central Banks
BOJ UEDA OIL
Central Banks

BOJ 'Summary" - Japan rate hike back on table as BOJ signals next move still likely upward

  • Bank of Japan Summary of Opinions from the April meeting. The BOJ is on hold, but it is watching oil prices, and several of its members are already reaching for the rate lever.
Eamonn Sheridan
11/05/2026 | 23:57 GMT
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Eamonn Sheridan
11/05/2026 | 23:57 GMT
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