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Eamonn Sheridan

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Central Banks
pboc cny yuan note 24 September 2025 11
Central Banks

PBOC sets USD/ CNY central rate at 7.0872 (vs. estimate at 7.1121)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
19/11/2025 | 01:15 GMT
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Eamonn Sheridan
19/11/2025 | 01:15 GMT
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Commodities
Oil pumpjack ominous
Commodities

Goldman Sachs sees oil sliding through 2026 on supply glut before recovering in 2027

  • Goldman Sachs expects oil prices to fall through 2026 due to a supply surge that could leave a 2 mbpd surplus. Brent is seen averaging $56 and WTI $52 in 2026. The bank sees a rebound from 2027 as underinvestment curbs supply, with Brent returning to $80 by 2028.
Eamonn Sheridan
19/11/2025 | 00:54 GMT
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Eamonn Sheridan
19/11/2025 | 00:54 GMT
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Forex
audusd wage price index q3 2025 2
Forex

AUD is barely moved after the in line wages data from Australia

  • Wages growth was in line with both market and Reserve Bank of Australia expectations
Eamonn Sheridan
19/11/2025 | 00:48 GMT
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Eamonn Sheridan
19/11/2025 | 00:48 GMT
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News
AUDUSD
News

Australia data - Wage Price Index for Q3 2025: 0.8% q/q (expected 0.8%)

  • The September quarter (Q3) is notable in Australia as its when a significant share of wage increases occur.
Eamonn Sheridan
19/11/2025 | 00:30 GMT
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Eamonn Sheridan
19/11/2025 | 00:30 GMT
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Central Banks
US economy
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1121 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
19/11/2025 | 00:23 GMT
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Eamonn Sheridan
19/11/2025 | 00:23 GMT
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