ECB: Weighs conflict-driven inflation risks – Rabobank
Rabobank strategist Molly Schwartz highlights that the Eurozone is already economically exposed to the conflict via higher energy prices.
Asian stock markets retrace after Trump’s ceasefire-linked relief rally, Hang Seng plummets 2%
Asian stock markets face profit-booking on Thursday after rallying in the last two-three trading days.
AUD/USD: RBA weighs stagflation risks – Commerzbank
Commerzbank economists Dr. Henry Hao and Moses Lim note AUD/USD slipped to 0.6950 as Australia faces a stagflationary dilemma. Pre-war core inflation held at 3.3% while a Middle East energy shock could push prices higher.
GBP/USD Price Forecast: Wobbles around 1.3360 amid uncertainty over US-Iran ceasefire
The GBP/USD pair trades in a tight range around 1.3360 during the early European trading session on Thursday. The Cable consolidates as investors await clarity on whether Iran intends to pursue a ceasefire, as claimed several times by United States (US) President Donald Trump.
AUD/JPY stays near 111.00 as RBA Kent’s comments support Australian Dollar
AUD/JPY moves sideways after three days of losses, trading around 110.90 during the Asian hours on Thursday.
Netherlands, The Gross Domestic Product n.s.a (YoY) meets forecasts (1.8%) in 4Q
Netherlands, The Gross Domestic Product n.s.a (YoY) meets forecasts (1.8%) in 4Q
EUR/USD Price Forecast: 200-period EMA to act as key barrier amid Middle East conflicts
The EUR/USD pair trades slightly higher around 1.1570 during the late Asian trading session on Thursday.
WTI Price Forecast: Retakes $91.00 as bulls await breakout above 200-hour EMA
West Texas Intermediate (WTI) Crude Oil prices stick to a positive bias for the second consecutive day on Thursday, though the intraday uptick lacks bullish conviction.
Singapore Industrial Production (YoY) declined to -0.1% in February from previous 16.6%
Singapore Industrial Production (YoY) declined to -0.1% in February from previous 16.6%
Singapore Industrial Production (MoM) fell from previous 5.3% to -7.2% in February
Singapore Industrial Production (MoM) fell from previous 5.3% to -7.2% in February
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
US Dollar Index holds losses near 99.50 as US-Iran talks face uncertainty
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, inches lower after two days of gains and is trading around 99.60 during the Asian hours on Thursday.