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.
EUR/USD holds ground after registering modest losses in the previous day, trading around 1.1560 during the Asian hours on Thursday.
Japan Corporate Service Price Index (YoY) up to 2.7% in February from previous 2.6%
Japan Foreign Investment in Japan Stocks increased to ¥-2B in March 20 from previous ¥-1772.6B
The Australian Dollar begins Thursday's session with minuscule gains of 0.04%, after posting losses of 0.68% on Wednesday, courtesy of broad US Dollar strength, despite improved risk appetite. At the time of writing, the AUD/USD trades at 0.6950.
The Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent warned that if the Middle East conflict prolongs, the economic damage would be greater and policymakers would need to cap inflation amid surging energy prices.
DBS Group Research economists Byron Lam and Daisy Sharma present a China GDP Nowcast indicating real GDP growth likely improved to 4.7% in 1Q 2026 from 4.5% in Q4 2025.
The NZD/USD pair fell to the 0.5800 region, remaining under pressure as the US Dollar (USD) stays firm amid geopolitical uncertainty and elevated yields.
BNY’s Geoff Yu highlights that APAC balance-of-payments pressures from the Iran conflict and energy by-products are increasingly driving currency flows, with MYR, THB, AUD and PHP in focus.
The USD/CHF pair advances for the second consecutive day on Wednesday, up by nearly 0.45% after bouncing off the 100-day Simple Moving Average (SMA), slightly above the 0.7900 figure.
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.
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.
