Eamonn Sheridan

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Stock market update
kospie sidecar 05 November 2025 2
Stock market update

South Korea halted KOSPI equity index futures trade after a 5% drop

  • South Korea exchange triggers its 'sidecar'
Central Banks
pboc cny yuan note 24 September 2025 4
Central Banks

PBOC sets USD/ CNY mid-point today at 7.0901 (vs. estimate at 7.1336)

  • PBOC CNY reference rate setting for the trading session ahead.
Forex
usdyen 05 November 2025 22 2
Forex

The yen is gaining despite wishy-washy Bank of Japan minutes

  • USD/JPY and yen crosses more generally are trading lower
Stock market update
nikkei 05 November 2025 2
Stock market update

ICYMI: Goldman, Morgan Stanley CEOs warn equity correction likely, room for 10–15% drop

  • Goldman Sachs and Morgan Stanley chiefs warned of potential 10–15% equity drawdowns, citing stretched valuations and fragile sentiment. Both said the tech sector looks expensive, with Solomon noting that even modest shocks could shift market psychology.
Central Banks
pboc cny yuan note 24 September 2025 4
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.1336 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
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