Eamonn Sheridan

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News
Japan Takaichi
News

Japan PM Takaichi to examine new govt fiscal target for future that looks at fiscal state

  • Takaichi adds that Govt must restore market trust in Japan’s finances but boosting investment is also needed to strengthen economic growth
Central Banks
cny cnh yuan 13 August 2025 2
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1175 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Stock market update
AI
Stock market update

Goldman Sachs says AI boom resembles 1997 tech cycle, not dotcom peak, with room to run

  • Goldman Sachs says the AI investment cycle resembles the early internet boom of 1997–98, not the speculative excess of 1999–2000, suggesting the rally may have further to run if macro conditions hold steady.
News
US government shutdown closed sign
News

Shutdown end in sight as centrist Democrats back Senate stopgap deal to reopen government

  • Centrist Democrats backed a Senate plan to reopen parts of the U.S. government and extend funding through January 30. The stopgap measure faces resistance in the House, where Democrats and conservative Republicans want competing funding terms.
News
jobs
News

UK firms expect 3% pay rises but warn AI could shrink jobs, CIPD survey shows

  • UK employers expect 3% pay rises over the next year, but one in six firms foresees job losses from AI adoption, according to the CIPD. Hiring remains subdued, and businesses are urging the government to avoid new taxes that could weaken recruitment further.
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