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Eamonn Sheridan

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Stocks
job loss floodgates open picture
Stocks

Oracle layoffs could reach 45000 as AI replace database, engineering roles. Job loss flood

  • If confirmed, layoffs on this scale would highlight how aggressively major software companies are using AI to reduce engineering headcount. The shift could reshape hiring across enterprise technology and accelerate productivity gains, while intensifying labour disruption in the sector.
Eamonn Sheridan
12/03/2026 | 00:42 GMT
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Eamonn Sheridan
12/03/2026 | 00:42 GMT
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Central Banks
cny yuan pboc 23 September 2025 2
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.8853 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
12/03/2026 | 00:28 GMT
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Eamonn Sheridan
12/03/2026 | 00:28 GMT
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News
oil update gulf iran war 12 March 2026
News

UK housing market cools as RICS price gauge falls to -12

  • A softer RICS housing survey reinforces signs that higher borrowing costs and geopolitical uncertainty are cooling UK housing demand. Weakening property activity could weigh on consumption and broader UK economic momentum.
Eamonn Sheridan
12/03/2026 | 00:20 GMT
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Eamonn Sheridan
12/03/2026 | 00:20 GMT
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Central Banks
aud inflation rba rate hike 12 March 2026
Central Banks

Australian inflation expectations surging higher still: 5.2% (vs. 5% prior)

  • Australia Consumer Inflation Expectation for March 2025
Eamonn Sheridan
12/03/2026 | 00:05 GMT
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Eamonn Sheridan
12/03/2026 | 00:05 GMT
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News
US dollar sinking
News

Private credit fears grow as Morgan Stanley limits redemptions and JPMorgan cuts leverage

  • Morgan Stanley capped withdrawals from a private credit fund while JPMorgan cut leverage to the sector, highlighting rising investor anxiety around the $2 trillion private credit market.
Eamonn Sheridan
11/03/2026 | 23:46 GMT
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Eamonn Sheridan
11/03/2026 | 23:46 GMT
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