Eamonn Sheridan

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Forex
Yen unmoved Japan fin min 23 June 2026
Forex

Katayama reaffirms Japan-US decisive action pact after Bessent talks, stays mum on yen

  • Katayama has confirmed the call, reaffirmed the intervention framework and said nothing about the yen, which is precisely what the market expected her to do.
Stock market update
OpenAI
Stock market update

OpenAI targets $100bn in ad revenue by end of decade, Semafor reports

  • OpenAI has abandoned its no-ads principle and is now chasing a slice of the internet's most lucrative business model, at scale and in a hurry.
News
usdyen flash pmi 23 June 2026
News

Japan PMI hits three-month high but input costs surge to near four-year peak

  • Japan's economy is expanding at its best pace since March, but the inflation bill from the Middle East war is now arriving in full.
Central Banks
China CPI
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.7762 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Stock market update
semiconductors
Stock market update

AI, fiscal spending and credit growth to drive markets higher, UBS says

  • UBS says stay invested and stay diversified, because the cost of sitting in cash while this market moves is becoming increasingly hard to justify.
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