Eamonn Sheridan

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Commodities
china gold pboc etf buying 10 November 2025 2
Commodities

China’s gold holdings surge as ETFs and central bank boost reserves despite weaker demand

  • China’s gold ETFs surged 164% in the first nine months of 2025, while the central bank extended gold purchases for an 11th straight month, raising reserves to 2,303.5 tons. Output rose 3.6% year-on-year, but consumption slipped nearly 8%.
News
Sanae Takaichi
News

Japan PM Takaichi says not ruling out a sales tax cut ... in the future

  • No sales tax cut in Japan any time soon, the government needs the revenue
News
Goldman Sachs sized 22 July 2025 2
News

Goldman Sachs raises 2026 China growth outlook to 4.8% on export strength, policy support

  • Goldman Sachs raised China’s GDP forecasts to 4.8% in 2026 and 4.7% in 2027, citing resilient exports, easing tariffs after the Trump-Xi meeting, and Beijing’s focus on technology and manufacturing in its new five-year plan.
Commodities
gold 4050 us dollar 10 November 2025 2
Commodities

Gold is surging higher, closing in on US$4050 again ... nope, above there now

  • Rapid price move hihger for gold
Central Banks
cny cnh yuan 13 August 2025 2
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.0856 (vs. estimate at 7.1175)

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