Eamonn Sheridan

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Central Banks
usdcny chart update for 06 January 2026
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.9730 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
News
Chart of GBP higher as part of USD weakness
News

UK retailers warn on sticky inflation as business confidence edges higher

  • Sticky retail inflation, driven by food and labour costs, complicates the Bank of England’s easing calculus, even as improving business confidence and higher capex intentions offer tentative support for the UK growth outlook.
Stocks
nvda vera rally 06 January 2026 chart
Stocks

Nvidia launches Rubin platform with Vera Rubin superchip at CES 2026

  • The Rubin launch reinforces expectations of sustained AI infrastructure spending, supporting long-term demand for high-performance compute as workloads shift toward agentic and reasoning-heavy models.
Commodities
Oil chart update
Commodities

Trump sets 3 strict conditions for Venezuela new leader, includes oil sales halt to China?

  • Washington’s conditions raise political and execution risk around Venezuela’s oil flows, clouding expectations for sanctions relief and foreign investment. Any move to restrict exports to US adversaries could tighten heavy-crude supply, with implications for global balances and US refinery margins.
Stock market update
Weekly candles chart of S&P 500
Stock market update

Morgan Stanley flags six bullish catalysts markets may be underestimating for 2026

  • Morgan Stanley’s framework reinforces a buy-the-dip mindset, with strong earnings growth, easing policy and AI-driven productivity supporting elevated valuations and a 7,800 S&P 500 target for 2026, implying further upside despite late-cycle concerns.
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