Eamonn Sheridan

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Stock market update
supreme court tariffs S&P 500 20 February 2026
Stock market update

Supreme Court tariff ruling nears; JPM maps S&P 500 swings across four scenarios

  • This is a classic headline-volatility event: a “struck down” read could spark an initial risk-on pop, but follow-through may depend on how quickly replacement tariffs are signalled. Small caps screen as relative winners in the most durable “strike down” branches, while an “upheld” outcome is the cleanest near-term risk-off path.
News
Japan flash pmi February 2026
News

Japan flash PMIs rise in February; composite hits 53.8, exports surge

  • The stronger PMI mix is modestly yen-supportive at the margin, reinforcing expectations that Japan’s recovery is broadening. Firmer export momentum and rising price pressures may keep policy normalisation expectations alive.
News
Japan January 2026 inflation fade 20 February 2026 yen response chart
News

Japan inflation slows to 1.5% in January, core measures ease. What will the BoJ think?

  • The softer inflation print is modestly yen-negative at the margin, tempering immediate expectations for further tightening. However, with the BoJ still projecting inflation near target and wages under watch, policy normalisation expectations are unlikely to fully unwind.
News
Canada CPI
News

Japan January 2026 Core CPI 2.0%, slowest since Jan 2024 (vs. 2.0% expected & 2.4% prior)

  • Japan inflation, data post only
Commodities
US Iran war
Commodities

Iran warns of decisive response if attacked as Trump weighs strike option

  • Escalation rhetoric increases geopolitical risk premiums, particularly in oil, with Brent and WTI sensitive to any threat to Gulf supply routes. Safe-haven demand for gold and the U.S. dollar could firm if tensions intensify.
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