Eamonn Sheridan

Eamonn Sheridan is a Chief Asia-Pacific Currency Analyst who worked with Bankers Trust Australia for 13 years as a spot foreign exchange dealer, trading across all major currencies and all time zones. He held a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the 'real world'! The markets had him hooked - he continued to trade equities, CFDs and then on to futures, giving him broad experience across financial markets. He is now active in FX and equity index futures as well as writing for ForexLive. Eamonn is a graduate of The University of Melbourne in Australia and lives in New South Wales. His primary topics include foreign exchange trading, financial markets, and currency analysis.

Biography:  https://www.forexlive.com/author/eamonn-sheridan/

76%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

88%

Examples:

  • Despite differences, the two surveys often provide similar readings on China's manufacturing sector.

Conflicts of Interest

75%

Examples:

  • Eamonn is a graduate of The University of Melbourne in Australia.

Contradictions

81%

Examples:

  • Manufacturing activity expanded in March after contracting for five consecutive months.
  • The official manufacturing PMI for March 2024 came in at a solid beat of 50.8, expected to be 50.1.

Deceptions

60%

Examples:

  • The article claims that the official survey covers large and state-owned companies while the Caixin PMI survey covers small and medium-sized enterprises. This is partially true but does not provide a complete picture as both surveys cover various types of businesses.
  • The article states that China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by a media company and research firm. However, this is not entirely accurate as there are actually three main PMIs in China: NBS manufacturing, non-manufacturing, and services.

Recent Articles

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China's Manufacturing Activity Expands in March, Signaling Stabilization of the Economy

China's Manufacturing Activity Expands in March, Signaling Stabilization of the Economy

Broke On: Sunday, 31 March 2024 China's manufacturing and services sectors showed signs of stabilization in March, with the official purchasing managers index for manufacturing rising to 50.8 from 49.1 in February, beating economists' expectations by half a point.
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