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Eamonn Sheridan

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Stock market update
Bull
Stock market update

UBS forecasts S&P 500 as high as 7,500 into mid-2026.

  • UBS sees AI, earnings and consumer spending driving U.S. equities higher despite rich valuations.
Eamonn Sheridan
21/09/2025 | 23:26 GMT
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Eamonn Sheridan
21/09/2025 | 23:26 GMT
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Central Banks
PBOC People's Bank of China
Central Banks

China seen holding lending rates steady today despite Fed cut. Unchanged 4 straight months

  • China’s loan prime rates are set to remain unchanged Monday, with analysts unanimously expecting no move despite Fed easing. Authorities are balancing weaker growth data with resilient exports and market gains, while the PBOC’s steady main policy rate signals no urgency to cut.
Eamonn Sheridan
21/09/2025 | 23:17 GMT
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Eamonn Sheridan
21/09/2025 | 23:17 GMT
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Forex
ECB Building
Forex

Euro may hit $1.24 in 2026 as ECB holds steady, Fed cuts weaken dollar.

  • RBC expects the euro to strengthen to $1.24 by late 2026, supported by a steady ECB and relative policy divergence with the Fed, which has resumed cutting.
Eamonn Sheridan
21/09/2025 | 22:26 GMT
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Eamonn Sheridan
21/09/2025 | 22:26 GMT
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News
shop retail 21 July 2025
News

Saks Global is considering selling 49% of Bergdorf Goodman for about $1 billion

  • Potential buyers include Middle Eastern sovereign-wealth funds and strategic investors.
Eamonn Sheridan
21/09/2025 | 22:22 GMT
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Eamonn Sheridan
21/09/2025 | 22:22 GMT
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News
Trump vs Powell
News

Key US inflation data that was due this week has been "postponed "

  • The US said on Friday that the annual release of consumer expenditures data — initially set for Tuesday — would be "rescheduled to a later date."
Eamonn Sheridan
21/09/2025 | 21:43 GMT
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Eamonn Sheridan
21/09/2025 | 21:43 GMT
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