China Producer Price Index (YoY) above forecasts (0.4%) in March: Actual (0.5%)
China Producer Price Index (YoY) above forecasts (0.4%) in March: Actual (0.5%)
BoJ’s Himino: Don’t think Japan’s economy is in stagflation.
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Friday, “don't think Japan’s economy is in stagflation.”
South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
South Korea BoK Interest Rate Decision in line with forecasts (2.5%)
EUR/USD weakens below 1.1700 as traders brace for US CPI data, US-Iran peace talks
The EUR/USD pair trades in negative territory around 1.1690 during the early Asian session on Friday. The Euro (EUR) weakens against the US Dollar (USD) as traders remain cautious about whether a fragile two-week ceasefire between the United States and Iran would hold.
Japan plans to release 20-days worth of oil stock from early May onwards
Japanese Prime Minister Sanae Takaichi said that the government is weighing a plan to release approximately 20 days' worth of additional oil reserves starting from early May onwards, Reuters reported on Friday.
Japan Producer Price Index (YoY) registered at 2.6% above expectations (2.4%) in March
Japan Producer Price Index (YoY) registered at 2.6% above expectations (2.4%) in March
Japan Producer Price Index (MoM) below expectations (0.9%) in March: Actual (0.8%)
Japan Producer Price Index (MoM) below expectations (0.9%) in March: Actual (0.8%)
Japan Bank Lending (YoY) came in at 4.8%, above expectations (4.4%) in March
Japan Bank Lending (YoY) came in at 4.8%, above expectations (4.4%) in March
US President Donald Trump: Iran’s handling of oil through Strait of Hormuz is not agreement we have
US President Donald Trump accused Iran of doing a "very poor job" of handling oil through the Strait of Hormuz and is saying it was "not the agreement we have,” BBC reported late Thursday. Trump further stated that Iran "better not be" charging ships to pass through the key waterway.
Gold declines to near $4,750 as oil-driven inflation worries weigh ahead of US CPI data
Gold price (XAU/USD) trades with mild losses near $4,760 during the early Asian session on Friday. The precious metal declines as market uncertainty persists regarding the fragility of the US-Iran ceasefire and reports of continued Middle East conflict, including the closure of the Strait of Hormuz.
Colombia Consumer Price Index (YoY) came in at 5.56%, above expectations (5.47%) in March
Colombia Consumer Price Index (YoY) came in at 5.56%, above expectations (5.47%) in March
Colombia Consumer Price Index (MoM) registered at 0.78% above expectations (0.69%) in March
Colombia Consumer Price Index (MoM) registered at 0.78% above expectations (0.69%) in March