Eamonn Sheridan

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Central Banks
usdcnh 12 June 2026
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.7640 – Reuters estimate

  • More yuan strength expected
Commodities
gold prices going up
Commodities

CME to launch 24/7 trading for micro oil and gold contracts. 24/7 futures.

  • CME is betting traders want to react to weekend headlines in barrel-sized portions rather than waiting for Monday.
News
gordie howe trump brdige 12 June 2026
News

US, Canada delay Gordie Howe bridge opening after Trump objects

  • The bridge is built, the ribbon was ready, but Trump just wasn't feeling it this week, again. Waiting for the TACO truck I guess.
Commodities
strait of hormuz 12 March 2026 illustration
Commodities

More on this - Iran blocks Hormuz tanker as closure threat takes effect

  • Iran said it would close the strait and shoot at ships that don't comply, and on day one, it did exactly that.
Commodities
Trump peace Iran
Commodities

Reports: new Supreme Leader yet to bless Trump's Iran deal

  • Nobody, least of all the markets, actually knows what Iran will do, and this is reportedly attempt number 40.
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