Eamonn Sheridan

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Stock market update
US stocks
Stock market update

US stocks finish flat as Fed-cut hopes rise but Amazon drags S&P 500

  • Fed-cut expectations continue to anchor risk sentiment, with labour indicators offering inconsistent guidance ahead of the delayed payrolls report. Equity performance remains bifurcated: AI-leveraged names like Salesforce and Meta are contributing upside, while Amazon-related delivery-contract uncertainty weighs on broader tech indices. Rates markets may stay sensitive to incoming job data given the heavy reliance on secondary indicators.
Stock market update
Trump computer chip nvidia
Stock market update

AMD ready to ship licensed AI chips to China and pay 15% Trump fee

  • AMD’s willingness to comply with the 15% export-fee regime signals a pragmatic path for U.S. chipmakers seeking to retain limited China access under tightening controls. While the volumes are constrained, confirmation of licensed MI308 shipments may ease sector uncertainty and support semiconductor equities, though any legal challenge to the fee could inject fresh volatility.
Cryptocurrency
jp morgan Bitcoin strategy forecast 05 December 2025 2
Cryptocurrency

JP Morgan says Strategy risk, not gold, is key to bitcoin’s $170k. Read between the lines.

  • JPMorgan says bitcoin could reach $170k if it trades like gold, but the bank’s analysis shows the real swing factor is Strategy’s ability to avoid selling bitcoin and remain in MSCI indices. With $1.4bn in fresh cash and mNAV still above 1, forced liquidation looks less likely. A positive MSCI ruling would lift both Strategy and bitcoin sharply.
News
economic calendar
News

Economic and event calendar in Asia Friday, December 5, 2025. Japan spending data.

  • Asian Economic Calendar: Key events and consensus expectations for 05 December 2025
News
Xi Jinping art d
News

China President Xi says will expand domestic demand in 15th five-year plan

  • Positive comments from Xi for the China trade and China proxy trade (eg, a tailwind for AUD).
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