Eamonn Sheridan

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Stock market update
OpenAI
Stock market update

ICYMI - OpenAI asks U.S. for loan guarantees to fund $1 trillion AI expansion

  • OpenAI’s pursuit of government-backed financing underscores the escalating cost of AI infrastructure and the growing overlap between tech investment and public-sector support. The move could reshape funding models for large-scale AI projects and signal broader state involvement in the sector.
Central Banks
GBPUSD
Central Banks

TD Securities expects narrow BoE rate cut, warns sterling to stay weak

  • TD’s call for a finely split BoE rate cut reinforces expectations of a cautious easing cycle. The view adds to bearish sentiment for sterling, with EUR/GBP seen extending gains and GBP/USD under renewed pressure.
Central Banks
rbnz
Central Banks

RBNZ’s Hawkesby says rising joblessness within expectations, flags trade risks

  • Hawkesby’s remarks suggest the RBNZ remains cautious but not alarmed by softer labour data, signalling limited pressure for policy easing while keeping focus on global trade headwinds. Further rate cuts are expected though.
News
congress
News

The slashing of flight numbers in the US will include the 30 busiest airports

  • The US will slash the number of flights from Friday due to the government shut down
Central Banks
Tiff Macklem
Central Banks

BoC Macklem says monetary policy of little use tackling structural changes from US tariffs

  • Bank of Canada Governor Macklem is speaking in parliament
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