South Korea Service Sector Output rose from previous 0% to 0.5% in February
South Korea Service Sector Output rose from previous 0% to 0.5% in February
South Korea Industrial Output Growth rose from previous -1.9% to 5.4% in February
South Korea Industrial Output Growth rose from previous -1.9% to 5.4% in February
South Korea Industrial Output (YoY) dipped from previous 7.1% to -2.2% in February
South Korea Industrial Output (YoY) dipped from previous 7.1% to -2.2% in February
USDMYR: Bullish reversal pattern points higher – OCBC
OCBC notes that the Malaysian Ringgit has weakened alongside regional peers despite Malaysia’s commodity‑exporter status.
EUR/JPY Price Forecast: Slides below 184 as bears target 100-day SMA
The EUR/JPY retreats on Monday, down some 0.78%, as Japanese authorities verbally intervened in the FX markets, threatening to take action, after the currency chief, Atsushi Mimura, said the nation may take "bold action" due to the Yen's appreciation. At the time of writing, the cross-pair trades at
THB: Weak output and energy shock weigh – Commerzbank
Commerzbank highlights that Thailand’s February manufacturing output was flat year-on-year, hurt by refinery maintenance and softer external demand linked to a strong Thai Baht (THB). Authorities have cut fuel subsidies and excise taxes as Oil prices surge, but fiscal space is constrained.
NZD/USD drops as Iran tensions boost USD ahead of NZ data
The NZD/USD pair fell to the 0.5720 region on Tuesday, March 31, maintaining a weak tone as the US Dollar (USD) remains firm amid the escalation of the Iran war and steady United States (US) yields.
Mexico Fiscal Balance, pesos fell from previous -19.318B to -50.73B in February
Mexico Fiscal Balance, pesos fell from previous -19.318B to -50.73B in February
Asia FX: Energy conflict risks pressure regional currencies – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan highlights that prolonged US–Iran tensions and potential damage to Middle Eastern energy infrastructure are increasingly weighing on Asian currencies.
Fed’s Williams: Job market sending out mixed signals
John Williams, President of the Federal Reserve Bank of New York (Fed), said that monetary policy is well-positioned for any unusual circumstances. He told Reuters that the job market is still sending out mixed signals on Monday.
USD/JPY retreats below 160.00 on the BoJ’s hawkish summary ahead of Tokyo CPI
USD/JPY slipped 0.38% on Monday, falling back below the 160.00 handle to settle around 159.70 after briefly touching a fresh year-to-date high near 160.50 earlier in the day.
Emerging markets: Resilient cycle shift – HSBC
HSBC Asset Management highlights that Emerging Markets have weathered higher Oil prices and a stronger Dollar better than in past cycles, thanks to stronger policy frameworks and diverse country exposures.