Eamonn Sheridan

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Stock market update
Wall Street US stocks
Stock market update

UBS targets S&P 500 at 7,300 as Fed cuts and AI spending extend U.S. equity rally

  • Stocks not done yet: UBS lifts sights to 7,300 on profit strength
Central Banks
USD doghouse
Central Banks

Reserve managers drift from dollar into smaller currencies, Standard Chartered says

  • Reserve managers are reducing U.S.-dollar exposure but not shifting heavily into the euro, sterling or yen. Instead, they’re buying a mix of smaller G-10 and emerging-market currencies. The data suggest the dollar’s dominance is easing only gradually, with no one clear successor emerging.
Central Banks
Bank of Japan boj yen jpy 25 September 2025 hokusai
Central Banks

Japan’s government bond yields surge to highest in years, signalling regime shift

  • The rise in Japanese bond yields increases fiscal strain for Japan, tightens funding conditions for banks and insurers, and signals that global investors may reassess the yen carry trade. More broadly, the move reflects shifting global yield dynamics that could ripple into U.S. Treasuries and other major bond markets.
News
rare earths china mine
News

China to restrict U.S. military access with new rare-earth export system

  • Beijing is drafting a “validated end-user” export system to speed rare-earth shipments to civilian firms while cutting off U.S. military suppliers. The plan mirrors U.S. export-control law but flips it to protect China’s strategic position.
News
Economic calendar 2
News

Economic calendar in Asia Wednesday, November 12, 2025 - Fed speaker, Reuters Tankan

  • Asian Economic Calendar: Key Events and Consensus Expectations for 12 November 2025
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