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Eamonn Sheridan

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News
oil update trump iran 10 March 2026
News

Iran plans shipping levies in Gulf. Trump warns massive retaliation if oil flows disrupted

  • Rising threats around the Strait of Hormuz increase the risk of supply disruptions in a corridor responsible for about 20% of global oil flows, keeping crude markets highly sensitive to geopolitical developments.
Eamonn Sheridan
10/03/2026 | 01:02 GMT
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Eamonn Sheridan
10/03/2026 | 01:02 GMT
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News
aud business confidence response 10 March 2026
News

Australian business confidence turns negative as conditions hold steady (pre war survey)

  • The drop in confidence following the RBA’s rate hike highlights growing caution among businesses, though steady activity and stronger forward orders suggest economic momentum remains intact for now.
Eamonn Sheridan
10/03/2026 | 00:44 GMT
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Eamonn Sheridan
10/03/2026 | 00:44 GMT
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Commodities
oil update 10 March 2026
Commodities

Iran rejects Trump’s claims of progress in war, warns regional oil exports could halt

  • Threats to halt regional oil exports raise the risk of supply disruptions across the Gulf, a scenario that could drive sharp moves in crude prices and increase volatility in currencies and safe-haven assets.
Eamonn Sheridan
10/03/2026 | 00:24 GMT
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Eamonn Sheridan
10/03/2026 | 00:24 GMT
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Central Banks
pboc cny yuan note 24 September 2025 6
Central Banks

PBOC is expected to set the USD/CNY reference rate at 6.8891 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
10/03/2026 | 00:23 GMT
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Eamonn Sheridan
10/03/2026 | 00:23 GMT
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News
gbp update 10 March 2026
News

UK consumer spending remains subdued as inflation fears rise and wage growth firms

  • Firm wage growth combined with renewed energy price risks could reinforce concerns about persistent inflation, potentially limiting the Bank of England’s ability to ease policy and supporting expectations for tighter rates.
Eamonn Sheridan
10/03/2026 | 00:13 GMT
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Eamonn Sheridan
10/03/2026 | 00:13 GMT
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