Eamonn Sheridan

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Stock market update
S&P 500 ipo inclusion 01 May 2026
Stock market update

S&P 500 considers fast-track entry rules as SpaceX, OpenAI and Anthropic eye IPOs

  • S&P Dow Jones Indices is considering fast-tracking megacap companies into the S&P 500 and waiving profitability requirements, a rule change that could see SpaceX, OpenAI and Anthropic join the index shortly after listing.
News
New Zealand consumer confidence 01 May 2026
News

NZ consumer confidence hits three-year low as Middle East oil shock bites

  • New Zealand consumer confidence has collapsed to a three-year low in the two months since the Middle East conflict began, with petrol prices up 30% year-on-year driving a sharp deterioration in household finances, inflation expectations and the retail outlook.
Central Banks
European Central Bank rates history 01 May 2026
Central Banks

ECB June hike near-certain as Middle East energy shock forces policymakers' hand

  • The ECB's window for looking past the Middle East energy shock is closing fast, with analysts broadly expecting a June hike aimed at anchoring inflation expectations before the geopolitical situation deteriorates further.
Central Banks
ECB CES 03-2026
Central Banks

Deutsche Bank sees ECB leaving door open to hike in June as inflation expectations surge

  • The ECB held rates as expected but left the door wide open for a June hike, with Deutsche Bank flagging surging consumer inflation expectations, tightening credit conditions and a Middle East conflict that is increasingly clouding the outlook.
Central Banks
eurusd Morgan Stanley forecast 01 May 2026
Central Banks

Morgan Stanley delays Fed cut call to 2027 (more info). Middle East risk drives dollar

  • Morgan Stanley has abandoned its 2026 Fed cut call, pushing two quarter-point reductions to early 2027, while flagging that the euro has broken from rate differentials as Middle East risk keeps the dollar bid.
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