Eamonn Sheridan

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Central Banks
Monetary Authority of Singapore 26 February 2026
Central Banks

Singapore MAS survey: 2026 GDP seen at 3.6%, April tightening odds rise

  • The survey nudges market pricing toward a firmer SGD policy path into the April MAS review, especially given stronger growth and slightly higher core inflation expectations. Still, with inflation within target and risks two-sided, the outcome remains finely balanced.
News
china president xi 26 February 2026
News

China Two Sessions 2026: growth target, fiscal stance and 15th plan signals in focus

  • If Beijing confirms a 4.5%–5% growth target and keeps stimulus targeted, the near-term read-through is “stable but not reflationary”: supportive for China/Asia risk at the margin, but less obviously bullish for bulk commodities than a big infrastructure push. A stronger “self-reliance/industrial policy” tilt would be a tailwind for select onshore tech/industrial themes but may keep external trade/tech tensions in play.
Stocks
toyota share price chart cross shareholding 26 February 2026
Stocks

Toyota plans $19bn share unwind in landmark governance reform move – Reuters

  • A large unwind could increase Toyota’s free float and improve capital efficiency metrics, potentially supportive for the stock over time. Broader implications include accelerating governance reform momentum across Japanese corporates and financial institutions.
Central Banks
ueda takata Bank of Japan jpy buying 26 February 2026
Central Banks

Recap - BOJ hawk Takata flags inflation overshoot risk, yen strengthened on hike signals

  • The speech shifts near-term expectations toward additional BOJ tightening, supporting yen strength and nudging JGB yields higher. Markets may now reassess the likelihood of a move toward 1.0% later this year, particularly if inflation expectations continue to rise.
Central Banks
South Korea won strength chart update 26 February 2026
Central Banks

Bank of Korea dot plot points to prolonged 2.50% hold as chip exports support growth

  • The unanimity and 16/21 dots at 2.50% should help anchor short-end Korean rates and reduce near-term cut pricing, supporting KRW stability. The small 2.25% cluster preserves optionality if growth or FX conditions deteriorate, while the lone 2.75% dot limits hawkish repricing.
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