Japan Foreign Investment in Japan Stocks increased to ¥-2B in March 20 from previous ¥-1772.6B
Japan Foreign Investment in Japan Stocks increased to ¥-2B in March 20 from previous ¥-1772.6B
Nordea’s Group Chief Economist Helge J. Pedersen notes that the Danish parliamentary election has produced a highly fragmented Folketing, with 12 parties entering parliament and no majority for either the red or blue bloc. The Moderates, led by Lars Løkke Rasmussen, now hold the balance of power.
USD/JPY registers back-to-back bullish days on Wednesday after testing key support at the 20-day Simple Moving Average (SMA) around 158.24 on Monday, yet it remains shy of clearing the key weekly high of 159.65 hit on Monday. At the time of writing, the pair trades at 159.27, up 0.36%.
Japan Corporate Service Price Index (YoY) up to 2.7% in February from previous 2.6%
Russia Industrial Output registered at -0.9%, below expectations (1.1%) in February
Gold price (XAU/USD) gains nearly 2% on Wednesday as Oil futures prices tumbled amid growing speculation that the US and Iran would begin talks to end the conflict that started nearly four weeks ago. At the time of writing, XAU/USD trades at $4,556.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.9056 compared to the previous day's fix of 6.8911.
The Pound Sterling (GBP) reverses course on Wednesday as the Greenback edges higher on the day, as risk appetite deteriorates following news reports that Iran's nuclear Bushehr power plant was hit.
Markets were driven by a shift in geopolitical sentiment as reports of potential ceasefire talks initially eased tensions. However, uncertainty quickly resurfaced after Iran signaled reluctance to engage with the United States, highlighting fragile diplomatic progress and keeping markets on edge.
EUR/USD holds ground after registering modest losses in the previous day, trading around 1.1560 during the Asian hours on Thursday.
The AUD/USD pair fell to near the 0.6960 price zone amid mixed Australian inflation data and shifting global risk sentiment, keeping traders cautious.
DBS Group Research economist Radhika Rao discusses Indonesia’s onshore markets as they reopen after the Lebaran holiday to a backdrop of uncertain geopolitics and volatile global sentiment.