Eamonn Sheridan

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Stock market update
copper
Stock market update

Morgan Stanley lifts S&P 500 target to 7,800 as earnings and dovish Fed drive bull case

  • Morgan Stanley’s upgrade reinforces a bullish medium-term backdrop for U.S. equities, with strong earnings and easier policy supporting broader market leadership and renewed small-cap outperformance.
Central Banks
BOJ Ueda
Central Banks

Bank of Japan Governor Kazuo Ueda will meet with Prime Minister Sanae Takaichi today

  • The meeting is set for 3:30 p.m. local time. It's a routine meeting but the backdrop means its loaded with policy significance.
Cryptocurrency
Bitcoin lowest in 6 months 18 November 2025 2
Cryptocurrency

Bitcoin has dropped under US$91K for the first time in half a year

  • The Bitcoin puke continues
Forex
EURUSD
Forex

Morgan Stanley sees euro peaking at $1.23 in early 2026 before sliding to $1.16

  • Morgan Stanley’s view points to a two-stage EUR/USD profile in 2026: early upside on dollar softness, followed by renewed pressure as ECB easing and weak eurozone fiscal support reassert themselves.
Commodities
oil
Commodities

Barclays: Brent could jump above $85 if Russian oil exports decline sharply

  • Barclays’ view highlights asymmetric upside risk in oil, with Russian export disruptions capable of driving a sharp repricing far above current long-term forecasts.
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