Eamonn Sheridan

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News
aud update pmi data 05 May 2026
News

Australia April Services PMI (final) 50.7 (preliminary 50.3, prior 46.3)

  • Australia S&P Global Services PMI returns to growth but fuel costs hit four-year high
Central Banks
EUR update 05 May 2026
Central Banks

ECB forecasters slash growth and raise inflation outlook as energy shock bites

  • The eurozone is getting slower and more expensive at the same time, and the ECB may have to make it worse before it gets better.
News
usdyen dumping 05 May 2026
News

Reminder, Japanese and mainland China markets are close again today, Tuesday, May 5, 2026

  • Japan's absence will thin out liquidity during the time zone
Commodities
oil prices jump
Commodities

Saudi Arabia demands Hormuz guarantees as Israel braces for rapid Iran escalation

  • Diplomacy and deterrence are running in parallel, and the gap between them is measured in hours.
Central Banks
Feds Williams
Central Banks

Williams: Fed well positioned but energy price surge could prove worse than markets expect

  • The Fed is holding its nerve, but Williams is quietly telling markets not to get too comfortable on oil.
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