Eamonn Sheridan

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Stock market update
S&P 500 weekly candle chart 222 20 March 2026
Stock market update

HSBC favours U.S. and Asia equities despite Middle East risks

  • HSBC’s constructive outlook supports risk appetite, with equities, particularly in the U.S. and Asia, favoured, while diversification across bonds and alternatives remains key in navigating geopolitical and macro uncertainty.
Central Banks
pboc cny yuan cnh 23 September 2025 2
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.8773 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Commodities
brent Goldman Sachs outlook chart 20 March 2026
Commodities

Goldman Sachs warns oil could exceed 2008 all time high peak on supply disruptions

  • Persistent supply disruptions risk keeping oil prices elevated, reinforcing inflation pressures and tightening financial conditions, with markets highly sensitive to developments around the Strait of Hormuz.
Commodities
Netanyahu Trump
Commodities

Reports that the U.S. deploys more Marines and ships to Middle East due to Iran tensions

  • An expanded U.S. military presence raises the risk of escalation around key energy routes, with potential for increased volatility in oil prices and broader market sensitivity to geopolitical developments.
News
tanker fire iraq iran guld 12 March 2026
News

WTO cuts global trade outlook, says Middle East conflict lifts energy risks

  • Prolonged energy disruptions risk slowing global trade and growth, reinforcing inflation pressures and tightening financial conditions, with markets increasingly sensitive to geopolitical developments and energy price dynamics.
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