Eamonn Sheridan

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Stocks
NVDA daily candles 18 March 2026
Stocks

China approves Nvidia H200 AI chip sales as licences granted to multiple firms

  • Positive for Nvidia and AI chip demand outlook; signals partial easing in US-China tech flows, though broader restrictions remain a structural overhang for the semiconductor sector.
Forex
pboc cny yuan cnh 23 September 2025 2
Forex

China firms ramp up FX hedging as yuan strength threatens export earnings

  • Supports near-term yuan stability as hedging flows anchor FX expectations; however, persistent strength may weigh on export competitiveness and growth outlook.
Central Banks
usdcny downtrend upodate 18 March 2026
Central Banks

PBOC sets USD/ CNY mid-point today at 6.8909 (vs. estimate at 6.8798)

  • PBOC CNY reference rate setting for the trading session ahead.
Commodities
Natural gas
Commodities

India is working with Iran to secure safe passage for key fuel shipments through Hormuz,

  • Bullish for energy prices and supportive of geopolitical risk premium; highlights physical supply stress and reinforces sensitivity to Hormuz disruptions, particularly in LPG and LNG markets.
News
bushehr nuclear power plant 18 March 2026
News

Projectile strikes near Iran’s Bushehr nuclear plant, no damage reported

  • Adds to geopolitical risk premium in oil and safe havens; limited immediate impact due to no damage, but materially raises tail-risk scenarios involving nuclear infrastructure.
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