Eamonn Sheridan

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Commodities
South Pars escalation risk oil priuce 19 March 2026
Commodities

Trump warns of massive retaliation tied to South Pars as energy risks escalate

  • Trump’s explicit threat tied to LNG infrastructure sharply raises tail risks for global gas supply, reinforcing volatility across energy markets and increasing geopolitical risk premia.
Central Banks
aud Australia jobs report February 2026
Central Banks

Australia jobs surge masks softening as RBA tightening path stays intact

  • The mixed labour report is unlikely to derail the RBA’s tightening bias, with strong employment offset by rising unemployment and weaker full-time jobs, keeping focus on inflation and supporting expectations of further rate hikes.
Central Banks
usdcny refernce rate 19 March 2026
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.8875 (vs. estimate at 6.8955)

  • PBOC CNY reference rate setting for the trading session ahead.
Central Banks
Weak yen again 19 March 2026
Central Banks

Japan warns on speculative FX moves, keeps intervention option in focus

  • The comments reinforce intervention risk in FX markets, aimed at limiting further yen weakness, while maintaining policy separation from the BOJ, keeping broader rate expectations anchored.
Central Banks
aud rba jobs 19 March 2026
Central Banks

RBA warns Middle East conflict could trigger global shock and market repricing

  • The RBA’s warning reinforces a stagflationary risk backdrop, with higher oil prices lifting inflation while raising the probability of market volatility, higher yields, and tighter financial conditions globally.
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