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Eamonn Sheridan

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Commodities
Kharg island map 16 March 2026
Commodities

Trump is weighing a seizure of Iran's critical oil depot on Kharg Island

  • The push for a multinational naval coalition underscores the urgency of restoring shipping through the Strait of Hormuz, but consideration of a potential seizure of Iran’s key export terminal signals a possible escalation that could amplify volatility in global oil markets.
Eamonn Sheridan
16/03/2026 | 02:24 GMT
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Eamonn Sheridan
16/03/2026 | 02:24 GMT
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News
China CPI
News

China industrial output beats forecasts as property slump deepens

  • Stronger-than-expected industrial and consumption data may support sentiment toward China’s growth outlook, but the persistent property slump continues to represent a major structural drag on the economy and investment.
Eamonn Sheridan
16/03/2026 | 02:06 GMT
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Eamonn Sheridan
16/03/2026 | 02:06 GMT
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Commodities
Brent crude update 333 16 March 2026
Commodities

Strait of Hormuz ship traffic collapses to zero amid conflict, energy corridor shuts

  • A halt in shipping through the Strait of Hormuz highlights the risk of severe disruption to global energy supply. Prolonged closure of the corridor could drive further oil price rise and heighten inflation risks worldwide.
Eamonn Sheridan
16/03/2026 | 01:50 GMT
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Eamonn Sheridan
16/03/2026 | 01:50 GMT
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News
China Flag IL
News

Chinese house price slump continues: -3.2% y/y in February (-3.1% prior)

  • China's property debt overhang continues to fuel the vicious circle house price decline
Eamonn Sheridan
16/03/2026 | 01:35 GMT
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Eamonn Sheridan
16/03/2026 | 01:35 GMT
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Central Banks
usdcny update 16 March 2026
Central Banks

PBOC sets USD/ CNY reference rate for today at 6.9057 (vs. estimate at 6.9061)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
16/03/2026 | 01:15 GMT
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Eamonn Sheridan
16/03/2026 | 01:15 GMT
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