Eurozone CFTC EUR NC Net Positions declined to €9.3K from previous €21.1K
Eurozone CFTC EUR NC Net Positions declined to €9.3K from previous €21.1K
Australia CFTC AUD NC Net Positions rose from previous $69.1K to $70.9K
Australia CFTC AUD NC Net Positions rose from previous $69.1K to $70.9K
Indonesia: Inflation pressures from Oil and festivals – DBS
DBS Group Research expects Indonesia’s March CPI inflation to stay firm at 4% year-on-year, slightly below February’s 4.8%, but with a faster monthly pace. Analysts highlight the impact of higher energy prices and festive demand, as well as base effects.
India: Energy shock risks and policy playbook – Societe Generale
Societe Generale’s Kunal Kundu analyses how the Iran conflict exposes India’s macro vulnerabilities through imported energy dependence and trade route risks. Kundu highlights broad spillovers from higher Oil and gas prices into the consumption basket and external balances.
Gold jumps above $4,500 as war fears revive haven buying spree
Gold (XAU/USD) price rallies over 3% on Friday as dip buyers emerge, amid the conflict entering its fifth week of hostilities, with no signs of de-escalation, and as inflation pressures rise. At the time of writing, XAU/USD trades at $4,510 after bouncing off daily lows of $4,375.
AUD/USD Price Forecast: Momentum weakens, downside risks build below 0.6900
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, with AUD/USD extending losses for a fourth straight day as the Greenback remains broadly supported amid ongoing geopolitical tensions in the Middle East.
South Korea: Trade resilience and energy-driven CPI – DBS
DBS Group Research sees South Korea’s March exports remaining in double-digit growth, supported by strong AI and data centre demand, higher memory prices and supply shortages, leading to a wider trade surplus despite rising import costs.
Dow Jones Industrial Average enters correction territory as Hormuz fears fuel selloff
The Dow Jones Industrial Average (DJIA) tumbled on Friday, shedding roughly 510 points or 1.1% to fall below 45,500 and officially enter correction territory.
NZD/USD falls for fourth day as Middle East war, weak NZ confidence weigh
NZD/USD falls for the fourth consecutive day and trades around 0.5750 on Friday, down 0.17% at the time of writing, pressured by renewed risk aversion and the resilience of the US Dollar (USD).
PHP: Oil shock, inflation risks and BSP path – ING
ING’s Deepali Bhargava warns that higher Oil prices and supply disruptions are worsening growth, inflation and external balances in the Philippines.
United States Baker Hughes US Oil Rig Count down to 409 from previous 414
United States Baker Hughes US Oil Rig Count down to 409 from previous 414
USD/MXN: Downside risks for Peso after Banxico cut – Standard Chartered
Standard Chartered’s Dan Pan and Erwin He note that Banxico’s surprise 25 bps cut and guidance for another easing step have increased downside risks for the Mexican Peso (MXN). They highlight crowded MXN long positioning and a narrower carry advantage versus other EM high-yielders.