Eamonn Sheridan

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Central Banks
usdyen higher update 23 March 2026
Central Banks

Japan weighs cutting inflation-linked bond buybacks as demand rises

  • Mildly bearish for JGB linkers via reduced official support, but supportive of the broader reflation narrative; signals rising inflation expectations and potential policy normalisation in Japan.
Commodities
Crypto analysis today as 3rd day of war unfolds
Commodities

ICYMI: Fitch sees Brent at $120 if Hormuz closure persists in 2026

  • Strongly bullish for oil in prolonged disruption scenarios; reinforces inflation risks, supports energy equities, and increases pressure on central banks to maintain tighter policy settings.
Commodities
brent update 333 23 March 2026
Commodities

IEA warns Middle East crisis worse than 1970s oil shocks, eyes stock releases

  • The IEA warns the current Middle East crisis may exceed past oil shocks, with supply disruptions, fuel shortages, and potential coordinated stock releases shaping the global energy outlook.
Commodities
asia oil crisis 23 March 2026
Commodities

Saudi Aramco cuts Asia oil supply as Hormuz disruption tightens market

  • Saudi Aramco’s supply cuts to Asia highlight tightening oil market conditions, as logistical constraints from the Hormuz disruption begin to materially impact physical crude flows.
Central Banks
pboc cny yuan cnh 23 September 2025 2
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.9041 (vs. estimate at 6.8928)

  • PBOC CNY reference rate setting for the trading session ahead.
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